BUSINESS

396 APPLICATIONS FOR NEGERI SEMBILAN ENTREPRENEUR DEVELOPMENT FUND GRANT APPROVED - EXCO

10/04/2020 12:35 PM

SEREMBAN, April 10  -- A total of 396 from 431 applications for grants under the Negeri Sembilan Entrepreneur Development Fund (TUNS) valued at RM1,167,306.35 had been approved, said State Investment, Industrial, Entrepreneurship, Education and Human Capital Committee chairman Datuk Dr Mohamad Rafie Ab Malek in a statement here.

He said two applications were being reviewed while 33 others were rejected for failing to fulfill the conditions set for the grant.

"The committee will set the date for presenting the grant to successful applicants taking into account the current Movement Control Order (MCO), as soon as possible," he said in the statement.

TUNS is a Negeri Sembilan government initiative to assist micro entrepreneurs in Negeri Sembilan whose annual sales do not exceed RM300,000 a year.

Dr Mohamad Rafie said in a bid to revive the Negeri Sembilan economy affected by the COVID-19 pandemic, the committee had also discussed several measures including supporting the redevelopment of entrepreneurs and micro entrepreneurs.

"This includes increasing the grant allocation in order to assist more entrepreneurs," he said.

-- BERNAMA

 

 


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