RM500 mil syariah-compliant CIF Fund for Entrepreneurs

It is always the best time to engage with public services at times when it is near election.

Some sources claim that the next election for Malaysia is just about the corner, very near.

PM Datuk Seri Najib announced a RM500 mil fund for entrepreneurs, part of the Commercial Innovation Fund (CIF).

It will be available for application by July 2012.

The implementation of CIF will be jointly managed and monitored by SME Corp Malaysia and the Association of Islamic Banking Institutions Malaysia.

Najib said the government had also set up a RM10mil SME Emergency Fund to help entrepreneurs who were affected by natural disasters such as floods, storms, drought and landslides

More for details.