PUTRAJAYA, June 29 — The Ministry of Entrepreneur Development and Cooperatives is allocating RM100 million for the ‘First Close, Last To Open’ programme.
Minister Datuk Seri Wan Junaidi Tuanku Jaafar said around 10,000 micro-entrepreneurs are expected to benefit from the FCLO programme — a collaboration between Medac and its agencies, the National Entrepreneur Group Economic Fund and the National Institute of Entrepreneurship . The minister said the programme would give priority to businesses such as maternity care, book and stationery stores, tuition centres, event management, catering, car wash and tailoring.
The RM100 million allocation is provided to Tekun under the National People’s Well-Being and Economic Recovery Package announced by Prime Minister Tan Sri Muhyiddin Yassin yesterday to help micro-enterprises in their business recovery.
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