Malaysia’s SME Corp allocates $1.27M to Bumiputera youth entrepreneurs

SME Corporation Malaysia (SME Corp. Malaysia), an agency under the Ministry of Entrepreneur and Cooperatives Development (MECD) and Funding Societies, a unified SME digital finance platform in Malaysia and Southeast Asia, have allocated an initial fund of MYR 6 million ($1.27 milion) for Bumiputera youth entrepreneurs.

Funding Societies said in a statement on Tuesday that the funding…