KUALA LUMPUR: RHB Banking Group celebrates the ongoing success of its #JomBiz initiative, designed to empower B40 micro-entrepreneurs socio-economically. Since its launch in 2022, the programme has invested over RM1.1 million, benefiting more than 700 micro-entrepreneurs and achieving an impressive 35% average sales growth in just three months.
The 2025 RHB #JomBiz Award Ceremony highlighted these achievements, honoring select micro-entrepreneurs and underscoring the programme’s pivotal role in providing funding, capacity building, and mentorship to MSMEs from the B40 group and underserved communities. The event recognized recipients of business incentive funding from Cohort 5, where participants underwent capacity-building sessions covering topics like social media marketing, sustainable business practices, and financial management. Following these sessions, participants presented their business plans to judges, with the top 10 proposals receiving initial funding ranging from RM5,000 to RM15,000 to foster their business growth.
Dato’ Mohd Rashid Mohamad, Group Managing Director/Group Chief Executive Officer of RHB Banking Group, emphasized RHB’s commitment to supporting micro-entrepreneurs: “We acknowledge the immense potential of MSMEs in transforming lives and communities, yet recognize the challenges they face, including limited access to funding and business expertise. This initiative underscores our dedication to driving growth, resilience, and empowerment in today’s dynamic economy.”
At Cohort 5’s graduation ceremony, Dato’ Mohd Rashid shared inspiring success stories, such as participants securing franchise opportunities and supply contracts following their participation in events like the Franchise Expo Malaysia 2024 and being recognized at The Star Outstanding Business Awards 2023.
Highlighting the top winners of Cohort 5’s business incentive funding:
- 1st Place: Puan Nurul Farhana Binti Amirul Hizan, Hanawarrah Creation Enterprise (awarded RM15,000)
- 2nd Place: Encik Mohd Shafiq Ezwanie Bin Jafri, Senju Co (awarded RM12,000)
- 3rd Place: Puan Nur Shawani Binti Che Mansur, Wisymadani Resources (awarded RM10,000)
Dato’ Mohd Rashid concluded, “These stories inspire us to expand platforms for our RHB #JomBiz participants. We hope their success motivates other micro-entrepreneurs to pursue their dreams.”
Looking ahead, RHB plans to expand the #JomBiz programme in 2025, aiming to reach more participants and amplify its impact across Malaysia’s micro-entrepreneur community. The programme remains committed to inclusivity, prioritizing Asnafs, single parents, and Persons with Disabilities (PWDs).
For more information on how RHB #JomBiz supports micro-entrepreneurs, visit https://www.rhbgroup.com/jombiz.
