PUTRAJAYA, Nov 22 — The Ministry of Domestic Trade and Consumer Affairs is expected to apply for additional funding from the government for micro and affordable franchise development programmes following encouraging response from franchisees and targeted groups.
On April 6, Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi announced that two grants would be offered for the micro and affordable franchise programme with the aim of developing more franchise packages worth RM100,000 and below and increasing the number of franchise industry players from the bottom 40 per cent income and middle 40 per cent income groups.
He said currently, there were more than 1,000 franchise brands registered with KPDNHEP which offered franchise business and employment opportunities.
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