PERNAS CHANNELS RM8.3 MLN TO HELP ENTREPRENEURS VIA BIT PROGRAMME

KUANTAN, June 29 (Bernama) -- Perbadanan Nasional Bhd (Pernas) has channelled RM8.3 million to-date through the Business In Transformation (BIT) programme as an incentive to develop more local entrepreneurs.

Acting chief executive officer Mazlan Ibrahim said the programme, which was introduced in 2013, has created 2,000 pre-franchise entrepreneurs which provided job opportunities to more than 4,000 people. 

He said the BIT programme is a small entrepreneurs' business transformation programme focusing on franchising and has so far registered 184 brands, and Pernas has projected to develop another 22 pre-franchise entrepreneurs this year.

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“To enhance BIT, the pre-franchise financing package has been increased from RM25,000 to RM50,000 to enable aspiring entrepreneurs have a better business concept,” he told reporters after the launch of  Mini BIT Expo (BITe) here, today.

Mazlan also shared that many small traders who participated in BIT had been successful in expanding their businesses by adding more outlets including Shala Pizza, Pandan Cendol, Mekeria, and D'Sara Fried Chicken.

On the Mini BIT programme, he said Pernas aimed to garner potential funding of RM300,000 via the expo.

“Today, 16 entrepreneurs were present to showcase their business model and I hope visitors would use this opportunity to increase their income and assist in boosting the growth of the franchise industry,” he said. 

He added that Pernas has also been actively looking for products that have the potential to become pre-franchise products, with the agency providing financing, training and guidance as well as advisory services.

-- BERNAMA