Taylor’s Education Group (“Taylor’s”) and CIMB Islamic Bank Berhad (“CIMB Islamic”) awarded RM460, 000 grant to 107 small business owners who are also residents of five “Projek Perumahan Rakyat (PPR)” across the Klang Valley through “Program Keusahawanan Taylor’s-CIMB Islamic”
This is the second year that the entrepreneurship programme is being held to empower B40 families in uplifting their earnings’ ability through up-skilling and entrepreneurship.
The programme initially received 120 participation in which they were trained on business management.
Those who showed significant improvements in their businesses and operations were selected to present their business plan to a judging panel comprising representatives from Taylor’s and CIMB Islamic Bank.
The 107 winners were then chosen based on the soundness of their business plans.
CIMB Islamic Bank chief executive officer, Mohamed Rafe Haneef said, “CIMB Islamic is very pleased to partner with Taylor’s Education Group to equip these business owners with the skills, know-how and guidance, so that they are empowered to take their businesses to the next level.”
CIMB Islamic aims to create a long-term and sustainable economic impact by boosting the entrepreneurial skills of the business owner and build viable social impact by inspiring and giving courage to others to start their own businesses.
This programme is also part of CIMB Islamic’s corporate social responsibility that is very much aligned with Islam’s basic principle of inclusivity in society, which is to ensure that all its members are enabled to prosper and benefit from the nation’s economic progress.
Taylor’s and CIMB Islamic Bank is planning to collaborate in the second phase of the programme, scheduled to be rolled out in 2019.
The second phase, known as “Program Keusahawanan 2.0” will see the creation of “Program Keusahawanan Universiti”, “Program Keusahawanan Marketplace”, and “Program Keusahawanan Digital” as a platform for the entrepreneurs to continuously learn and link to business opportunities.
“We are very happy to see how the programme has grown and successfully uplifted the lives of many of the PPR residents. We are committed to continue organising the programme and I’m confident that we will be able to see the creation of more successful entrepreneurs in the coming years,” Taylor’s Education Group, group chief executive officer Dato’ Loy Teik Ngan.