Page 151 - Official Year Book 2020
P. 151
The iTEKAD programme combines Guarantee of RM3 billion under
micro and social financing to the Danajamin Prihatin Guarantee
empower micro entrepreneurs Scheme
from B40 segment to generate ▶ For corporate companies
sustainable income
▶ Expanded with participation involved in highly skilled
industries such as oil & gas
of additional financial and aerospace
institutions and collaboration ▶ Extended until 2021 with
with more state religious improved terms and conditions
authorities and delivery
partners in 2021 Formulation of Consumer Credit
Act
RM230 million provided through ▶ Provide a regulatory framework
PUNB as financing to SMEs
▶ For working capital, upgrading for activities related to the
issuance of consumer credit
of automation systems and ▶ Strengthen supervision of
equipment and expenditure non-bank and non-supervised
related to the implementation credit providers
of COVID-19 SOP compliance
Measure 3 : Alternative
Measure 2 : Loan Financing
Guarantees
Equity Crowd Funding or ECF
Increase the guarantee by up to ▶ Income tax exemption of 50%
another RM10 billion to Syarikat
Jaminan Pembiayaan Perniagaan of the investment amount or
▶ RM2 billion reserved limited to RM50 thousand
▶ RM30 million allocation
specifically for Bumiputera through matching grants to
entrepreneurs be invested on ECF platforms
under the supervision of the
Securities Commission
OFFICIAL YEAR BOOK 202 1470
micro and social financing to the Danajamin Prihatin Guarantee
empower micro entrepreneurs Scheme
from B40 segment to generate ▶ For corporate companies
sustainable income
▶ Expanded with participation involved in highly skilled
industries such as oil & gas
of additional financial and aerospace
institutions and collaboration ▶ Extended until 2021 with
with more state religious improved terms and conditions
authorities and delivery
partners in 2021 Formulation of Consumer Credit
Act
RM230 million provided through ▶ Provide a regulatory framework
PUNB as financing to SMEs
▶ For working capital, upgrading for activities related to the
issuance of consumer credit
of automation systems and ▶ Strengthen supervision of
equipment and expenditure non-bank and non-supervised
related to the implementation credit providers
of COVID-19 SOP compliance
Measure 3 : Alternative
Measure 2 : Loan Financing
Guarantees
Equity Crowd Funding or ECF
Increase the guarantee by up to ▶ Income tax exemption of 50%
another RM10 billion to Syarikat
Jaminan Pembiayaan Perniagaan of the investment amount or
▶ RM2 billion reserved limited to RM50 thousand
▶ RM30 million allocation
specifically for Bumiputera through matching grants to
entrepreneurs be invested on ECF platforms
under the supervision of the
Securities Commission
OFFICIAL YEAR BOOK 202 1470
