The Ministry of Higher Education produced 50,000 entrepreneurs in 2020
KUALA LUMPUR: The Ministry of Higher Education (IPT) trained nearly 50,000 entrepreneurs among students last year, more than 7,000 of whom are still doing business after graduating.
His minister, Datuk Seri Dr Noraini Ahmad (Photo) said the ministry’s effort to drive the entrepreneurship program was nothing new.
She said that with the change in Malaysia’s education development plan (higher education) 2015-2025, IPT has been tasked with providing the country with quality, highly skilled and competitive graduates with excellent qualities. entrepreneurship in order to become successful entrepreneurs in the future.
“In ensuring that the goals are met, the IPT Entrepreneurship Action Plan 2021-2025 and the Integrated Entrepreneurship Education Guidelines were launched last February as the main reference source for IPT, ”she said at the close of the state-owned IPT at the national level. Simulation competition 2021, here, today.
Noraini said that while ordinary salaried workers are affected by the Covid-19 pandemic, the field of entrepreneurship, especially small and medium-sized businesses, has been identified as one of the important solutions to help people generate income, in addition to creating new employment opportunities,
Regarding today’s competition, the fourth in a series organized by her ministry, she said it brought together 19 public universities and a polytechnic to improve skills such as personnel, financial and risk management.
“It also aims to develop leadership, communication and problem solving, strengthen team spirit and instill good character and professional ethics,” she added.
Noraini said the competition uses the Malaysia Practice Enterprise Center (MYPEC) business simulation application which provides participants with a platform for them to have a real experience of running a business, registration until the creation of a company (startup).
“This year, the challenges do not only come from the simulation created by this application, but also from the Covid-19 pandemic which has restricted physical movement,” she added.
In the competition, Medici Sdn Bhd from Universiti Teknologi Malaysia (UTM) established itself as the best group of companies while Sedaplicious Sdn Bhd and Farm Lah from Universiti Kebangsaan Malaysia (UKM) and Universiti Putra Malaysia (UPM), respectively, placed second and third. – Bernama