KUALA TERENGGANU: More and more of Terengganu’s youths are inclined to be become entrepreneurs, following the success stories of others.
State rural development, entrepreneurship, cooperative and consumerism committee chairman Nawi Mohamad said that an encouraging 1,831 youths had signed up a week ago, for Tunas Usahawan Belia Bumiputera (TUBE) programme initiated by the Small and Medium Enterprise (SME) Corporation.
“This is more than double the figure of 597 applicants last year, for the programme in the first week of the year.
“And it shows the enthusiasm of youths to pursue their own business as a career, rather than depend on earning a living being employed,” said Nawi.
He added that the scenario was a positive development, especially to woo more graduates to shift their focus on entrepreneurship, other than envisage to become professionals in other fields.
“With the opportunities for jobs tightening in the private and civil sectors, this is a very good initiative by SME Corp and the state government for youths to seek an alternate platform to work.
“We do not want the ever-increasing graduates to depend on traditional vocations like doctors, engineers and lawyers.
“Rather, the door is now open for them to participate in the digital economy,” said Nawi.
He said the digital economy had a wide scope following the needs and trends of the world market.
Nawi said the digital economy offered increased productivity, the quality of life and attractive revenue for entrepreneurs.
Meanwhile, Terengganu SME Corp director Muhammad Ibrahim said that the TUBE programme was a huge success that kept attracting more youths to become entrepreneurs.
“The increasing applications from youths to pursue the TUBE programme demonstrates their confidence in the initiative by SME Corp.
“They are confident of reaping benefits and being successful businessmen, despite having no experience in running their own companies,” said Muhammad.
He added that successful applications for the TUBE programme would have to undergo a three weeks induction course at a National Service Training Programme camp.
“The induction includes a boot camp to boost self-confidence, perseverance, discipline and leadership which are important traits of a successful entrepreneur.
“The second phase will expose them to basic entrepreneurship, business plan and sharing of information with established entrepreneurs,” he said.
Muhammad added selected TUBE participants would be eligible to receive a RM15,000 grant each to kick-start their business.
To date, a total of RM4.7 million in grants have been disbursed to 225 TUBE participants in Terengganu since 2014.