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MGM 4183: ENTREPRENEURSHIP:. Topic: The Catalysts of Entrepreneurship in Malaysia:. YEE CHIA LENG 128994 CHUA YEE WEUN 129157 CHEW HUI WEN 129256 CHIN KHEE PEI 129652. Lecturer: Mr. Rudaini Sham Abdullah Jumain. Presented By: Group 2:. LAI FOONG PHUI 129685
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MGM 4183: ENTREPRENEURSHIP: Topic: The Catalysts of Entrepreneurship in Malaysia: YEE CHIA LENG 128994 CHUA YEE WEUN 129157 CHEW HUI WEN 129256 CHIN KHEE PEI 129652 Lecturer: Mr. Rudaini Sham Abdullah Jumain Presented By: Group 2: LAI FOONG PHUI 129685 CHIEW WENG JING 129741 FOO YEUN SHIAH 129878 YAP MEI LUN 130048
Introduction:What is the ‘Catalyst of Entrepreneurs’? • Tools that enables an entrepreneurs to foster entrepreneurship. • How to do your start to be an entrepreneurs??? • What are the assistants available for the Malaysia’s entrepreneurs?
Catalyst of Entrepreneurs in Malaysia: Opportunities in Business Environments Political Economical Social -cultural Technological
Funding Equity (Later Stage) Non-Equity (Early Stage) Governments Self- Funding Family & Friends Bank loans Ventures Capitals Angels Sources of Financing….
(I) Funding Organization: (A) Financial Institutions: E.g.: 1. Bank Negara Malaysia: (1/2) • Initiatives to enhance access of financial capitals to SMEs via financing • Currently, 5 Special Funds with total allocation of RM6.85 billion are operational with lending rates of (3.75 %– 5% p.a).
(I) Funding Organization: (A) Financial Institutions: E.g.: 1. Bank Negara Malaysia: (1/2)
(I) Funding Organization: (A) Financial Institutions: E.g.: 2. SME Bank: (1/2) • As a development financial institution to nurture and meet the unique needs of small and medium enterprises (SMEs). • Primary role is to contribute towards the growth of more entrepreneurial community in Malaysia. • As a financial centre responding to the funding and business growth needs of Malaysian SMEs.
(I) Funding Organization: (A) Financial Institutions: E.g.: 2. SME Bank: (2/2) • Vendor Entrepreneurial Programme • Special Scheme For Rural Economic Development • Batik and Craft Entrepreneurs Programme • Film Maker & Drama Financing Scheme • Graduate Entrepreneurs Scheme • Incubator Graduate Entrepreneurs Program (PIUS) • Kompleks Kilang SME Bank
(I) Funding Organization: (A) Financial Institutions: E.g.: 3. Agro Bank: (1/2) • Provide both Conventional and Islamic Financing facilities for all types of Agriculture and Agro related projects. • Provide financing for start-ups and also for expansion of existing projects. • Margin of financing :finance up to 70% of project costs
(I) Funding Organization: (A) Financial Institutions: E.g.: 3. Agro Bank: (2/2)
(I) Funding Organization: (A) Financial Institutions: E.g.: Others Bank
How to Use the Banks? (1/2) Preparing a Loan Proposal: • Summary – company’s details • Management Team Profile – Biography (Sell you & your management team strength!) • Business Description – legal structure, # of employees (Define your competitors, market ability, rate of turn over) • Projections – on current market share, alternative fallback plans, timetable for achieving goals • Financial Statements – Audited F/S(3yrs), 2sets B/S, Personal F/S & Income Tax. • Purpose – be precise! • Amount – Not ask for a high amount to expect negotiation. • Repayment Plan – Asset must match the loan, the assets should generate repayment fund.
Conclusion: • There are many services, incentives that offered by the governments, financial institutions, as well as the agencies to the entrepreneurs. • The services creates many opportunities to the entrepreneurs and its can be served as the catalysts of the Malaysia’s entrepreneurs . • Malaysian Entrepreneurs should maximized the usage of the catalyst as it may enhance the growth of our country economy.
References: Hoe, C. C. , Mohd. Salleh, D. , Norashidah, H., Ooi, Y. K., Shuhymee, A., Habshah, B., Norita, D., Rosli, M., Rosli, M., Armanurah, M., Lily, J. A. B., & Muhamad Nasri, M. H. (2005). Asas Keusahawanan. Thomson Learning. Kaplan, J. M. & Warren, A. C. (2007). Patterns of Entrepreneuship. John Wiley & Son, Inc. Mohamed, A., Syarisa Yanti, A. (2002). Strengthening Entrepeurship in Malaysia. Women’s Institute of Management. Norita, D. , Armanurah, M. , Shuhtmee, A. , Habshah, B., Mohamad Yusop, M. J. & Mohd Khairuddin, H. (2007). Keusahawanan. Mc Graw Hill (M) Sdn. Bhd. Tan, W. L. (2005). Creative Entrepreneurship in Asia. Asian Productivity Organization. Zafir, M. M. (2003). Menjadi Usahawan. PTS Publication & Distribution Sdn. Bhd.