CYBERJAYA: The Finance Ministry hopes that at least 50 per cent of the business start-ups produced by the Malaysian global Innovation & Creativity Centre (MaGIC) will be developed by Bumiputera technopreneurs, said Deputy Finance Minister Datuk Ahmad Maslan.
He said the target was reasonable as the Bumiputera community made up for over 60 per cent of the country's population.
Ahmad said the ministry hoped MaGIC would extend programmes such as its Gathering of Rising Entrepreneurs Act Together 2014 (GREAT 2014) to other states to engage more Bumiputera entrepreneurs.
"This (GREAT 2014) would provide more exposure to knowledge and information on the programmes and funds made available by the government," he told a press conference after attending the MaGIC Bumiputera Engagement Plan (MaGIC Bumipreneurs) launching ceremony, at the centre, here, today.
Present were Finance Ministry secretary-general Tan Sri Irwan Serigar Abdullah, MaGIC Chief Executive Officer Cheryl Yeoh, MaGIC Chief Operating Officer Norita Jaafar.
Ahmad said the launching of MaGIC Bumipreneurs was in line with uplifting the Bumiputera Economic Empowerment Agenda as a national mandate and integrating all sectors and entrepreneurs communities' involvement in creating sustainable growth.
He said the launch also signified MaGIC's strong support on Prime Minister Datuk Seri Najib Razak's efforts to boost Bumiputera participating in charting economic development.
Yeoh said MaGIC has assisted some 10,000 entrepreneurs since the centre's opening some seven months ago, adding the number could increase to another 15,000 by the end of next year.