PENAMPANG: The launch of SME Corp Malaysia’s new office and the Sabah Micro, Small and Medium Enterprise (MSME) Hub on Saturday marked a significant step forward in the Federal Government’s efforts to empower local entrepreneurs, particularly in Sabah.
Minister of Entrepreneur Development and Cooperatives, Datuk Ewon Benedick, said the initiative was inspired by his vision to provide accessible facilities and advisory services for the business community in Sabah.
“This hub serves as a one-stop centre for business owners to obtain guidance and information on government entrepreneurship programmes,” he said during the launch at Donggongon Square, here.
In 2024 alone, 10,035 entrepreneurs visited SME Corp’s physical hubs, with 2,607 visits recorded in the first quarter of this year.
Ewon also announced the continuation of the Bumiputera Enterprise Enhancement Programme (BEEP) Plus in 2025, following its positive reception in Sabah and Sarawak.
“I’m pleased with the outcomes of this programme, which aligns with the ‘Look East Within the Country’ initiative and is tailored specifically to support micro-enterprises in East Malaysia,” he said.
As part of the initiative, 15 local entrepreneurs received a total of RM841,099.97 in grants.
SME Corp Malaysia Chairman Tan Sri Datuk Seri Bernard Giluk Dompok said the launch was a major milestone under Ewon’s leadership in boosting Malaysia’s entrepreneurial ecosystem.
“The opening of this hub not only brings the Minister’s vision to life but also demonstrates Kuskop’s commitment to expanding access to business support,” he said.
He also thanked industry players and strategic partners for their continued support in developing the MSME sector.
SME Corp CEO Rizal Dato’ Nainy said the MSMEs form the backbone of the Malaysian economy, comprising 96.9 per cent of all business establishments.
“This year, we’re focusing on digitalisation and global competitiveness. We aim for over 90 per cent of enterprises to digitalise operations by the end of 2025,” he said, adding an MoU with Malaysia Digital Economy Corporation (MDEC) will further support financing, digital tools and training.
He encouraged local entrepreneurs to fully use the facilities at the Hub and participate in national-level events like SME Venture @ Asean 2025, scheduled for October in Kuala Lumpur.
Ewon urged members of the local business community to be proactive in seeking out information on government assistance, funding opportunities and market access.
“As entrepreneurs, you need to take initiative — get informed, explore your options and make the most of the support systems available,” he said.
