1,858 BEEP Grants Worth RM167.79 Mln Approved Until September 2017

Last update: 07/10/2017

KOTA BELUD, Oct 7 (Bernama) -- A total of 1,858 applications for the Bumiputera Enterprise Enhancement Programme (BEEP) grants involving an allocation of RM167.79 million have been approved since it was introduced until September 2017, Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan said.

He said of them, 89 applicants were from Sabah who obtained grants totalling RM12.78 million to implement various projects ranging from upgrading products, process and product packaging to certification, quality management and halal product development.

"The financial assistance provided by the federal government to groups of entrepreneurs in Sabah has helped enhance the competitiveness of their products and services, through reduced costs in doing business.

"The entrepreneurs, who have received grants and loans, have been able to improve their product quality, production capacity, efficiency, and capability, as well as achieve cost savings, enabling them to fulfill their customers' needs and wants more effectively," he said at the launch of the Bumiputera Youth Tunas Entrepreneurship (TUBE) Mega programme, here today.

His speech read was read by Sabah Assistant Minister of Agriculture and Food Industry Datuk Musbah Jamli.....