Budget 2020: MaGIC gets RM10mil to develop social enterprises


  • TECH
  • Friday, 11 Oct 2019

Dzuleira says the allocation will aid a larger segment of the public – from disadvantaged groups, youths and women. — YAP CHEE HONG/The Star

The RM10mil boost to social enterprises in Budget 2020 will aid development of more inclusive startups and in turn help disadvantaged communities, says the Malaysian Global Innovation and Creativity Centre (MaGIC).

Its chief executive officer Dzuleira Abu Bakar says the new budget is a great boon to developing the digital economy, inline with MaGIC’s goals to modernise entrepreneurship through digital technology.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

X's former top policy chief takes job with Elon Musk rival, Sam Altman
Alibaba integrates e-commerce platforms into a single business unit
US watchdog issues final rule to supervise Big Tech payments, digital wallets
Nvidia to build AI school in Indonesia, VP says
A Google PC running Android could be in the works
Factbox-US prosecutors demand Google divest Chrome to end search monopoly
South Korea's AI chip investor announces plan for share buybacks
Australian eyes US$30mil fine for social media flouting under-16s ban
US govt calls for breakup of Google and Chrome
Musk outlines plans for mass cuts as Trump 'efficiency' czar

Others Also Read