SME Corp, Funding Societies launch bumiputera MSME financing scheme

PETALING JAYA: SME Corporation Malaysia, an agency under the Ministry of Entrepreneur and Cooperatives Development, and Funding Societies, the largest unified SME digital finance platform in Malaysia and Southeast Asia, have allocated an initial fund of RM6 million for bumiputera youth entrepreneurs under the newly launched Bumiputera MSMEs Financing Initiative (BMFI).

This new funding…