KOTA BARU: SME Corp has spent about RM5.6 million to date to assist small medium enterprises (SMEs)in Kelantan expand their businesses, and since the government agency began operations in 2009.
SME Corp chairman Datuk Ir Mohamed Al Amin Abdul Majid said the SMEs concerned were aided through the Business Accelerator Programme (BAP) as well as the Enrichment and Enhancement Programme (E2).
"Most of the companies assisted have succeeded, not just at home but the export market as well," he added.
He told reporters this after officiating the Malaysian Institute of Management (MIM)-Konrad Adenauer Stiftung (KAS)-Persatuan Orang Kota Baharu (POKB) Corporate Social Responsibility (CSR) Dialogue 2013 programme here today.
Mohamed Al Amin said both programmes had assisted entrepreneurs through an integrated guidance which involves strengthening their core business and capacity, as well as facilitating access to financing facilities.
He said SME Corp assisted SMEs to undertake various businesses in Kelantan, except banking and insurance, and provided oversight to ensure success.
"Last year, we helped 15 companies and in 2013, we have target to help 30," he added.
According to Mohamed Al Amin, companies with the private limited status receives loans to the maximum of RM1 million, while those listed as enterprises, up to RM50,000.
Meanwhile, MIM chief executive officer, Zulkifly Baharom said SME entrepreneurs needed to be exposed to management skills to become knowledgeable, including, on how to expand their market and better accounting management.
He also said larger companies which have succeeded should fulfill their corporate social responsibility by assisting new SMEs, to expand and become more competitive.
Also present at the event was POKB president, Sheikh Ahmad Dusuki Sheikh Mohamad. -- Bernama