Helping Indian entrepreneurs to understand how banks evaluate SMEs

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| Kuala Lumpur, Malaysia |  22 Aug 2016 | Asia Samachar |

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Indian entrepreneurs will get an insight into how banks evaluate small-and-medium-sized-enterprises (SMEs) at a one-day training programme in Kuala Lumpur on Saturday (27 Aug 2016).

The programme, organised by a government unit known as the Secretariat for Empowerment of Indian Entrepreneurs (SEED) in collaboration with Bank Negara Malaysia (BNM), will also expose entrepreneurs to the type of help available to SMEs in distress.

The training, entitled ‘Right Size Your Fund’, will also provide them an insight into the remittance services offered by providers for SMEs in Malaysia.

“This is a fantastic opportunity for Sikh businessmen and entrepreneurs. They should take advantage of this opportunity,” Coalition of Malaysian Sikh Organisations (CMSO) Secretary General Autar Singh tells Asia Samachar, an online newspaper for Sikhs in Southeast Asia.

CMSO is actively encouraging Sikhs to take part in the programme which is part of the SEED training series.

SEED, a unit under the Indian Community ETP Unit of the Prime Minister’s Department, aims to provide an access for every Malaysian Indian to play a role in transforming the economic landscape of the Malaysian Indian community. ETP refers to the Malaysian government initiated Economic Transformation Programme.

The one-day SEED event will see the setting up of booths by financial institutions like SME Bank Malaysia Bhd, Malayan Banking Bhd (Maybank), Bank Kerjasama Rakyat (M) Bhd, Bank Simpanan Nasional Bhd (BSN) and Bank Pertanian Malaysia Bhd (Agrobank).

Also involved are the SME Corporation Malaysia and Centre for Entrpreneur Development and Research (CEDAR), a wholly owned subsidiary of the SME Development Bank Malaysia.

On a separate note, CMSO will be organising a Business Funding Workshop in Kuala Lumpur on 1 Oct 2016, which is free and open to entrepreneurs in search of business funding.

“Those interested are requested to register with us. They can call me at 012-2055011,” he said.

 

DETAILS:

SEED Training Series – “RIGHT SIZE YOUR FUND”

DATE : 27th August 2016 (Saturday)

TIME : 8:00AM – 5:30PM

VENUE : Pacific Ballroom, Seri Pacific Hotel, Kuala Lumpur

Registration: Call Mr. Darshan 013-677 9009

 

[ASIA SAMACHAR is an online newspaper for Sikhs in Southeast Asia and surrounding countries. We have a Facebook page, do give it a LIKE. Follow us on Twitter. Visit our website: www.asiasamachar.com]

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