TEKUN Nasional Channels RM516 Million to 27,289 Entrepreneurs Under SPUMI Scheme

SHAH ALAM : Since the inception of the Indian Community Entrepreneur Financing Scheme (SPUMI) in 2008, TEKUN Nasional has disbursed RM516 million in financing to support 27,289 entrepreneurs across Malaysia, according to Deputy Minister of Entrepreneur and Cooperative Development, Datuk Seri R Ramanan.

In the first four months of 2025 alone, RM16.4 million was channelled to 648 entrepreneurs through SPUMI, reflecting the government’s continued commitment to fostering entrepreneurship among the Indian community.

“In January, I announced an additional allocation of RM100 million for the SPUMI and SPUMI Goes Big programmes – the highest allocation ever since SPUMI’s establishment,” said Datuk Seri Ramanan, highlighting the scheme’s growing impact.

He further noted that, from its establishment in 1998 until April 2025, TEKUN Nasional has approved a total of RM10.3 billion in financing, benefiting over 600,000 entrepreneurs nationwide.

As part of broader efforts to strengthen entrepreneurial capabilities, the Deputy Minister also introduced a new initiative – Empowering Indian Entrepreneurs (EIP). The programme is tailored specifically for TEKUN’s Indian entrepreneurs, offering foundational business management training and access to TEKUN’s various financing products.

“The EIP aims to provide early exposure and basic entrepreneurial training while introducing participants to the full suite of TEKUN Nasional’s financing offerings,” he added, emphasising its relevance to small and micro entrepreneurs within the Indian community.

-Berita Harian

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