KUALA LUMPUR: The Securities Commission (SC) and the Ministry of Agriculture and Food Security (KPKM) have established the Malaysian Innovation Agri-F...
The Securities Commission and the Ministry of Agriculture and Food Security have established the Malaysian Innovation Agri-Financing Steering Committee to help agropreneurs grow and support the country’s food security.
“God willing, we will achieve these objectives because together, we can drive positive change and empower agropreneurs to thrive in their industry,” he said in his welcoming remarks at the SCxSC GROW Roadshow and Bioeconomy Corporation Conference here today. Awang Adek said startups and MSMEs – micro, small and medium enterprises – are the backbone of the Malaysian economy; therefore, supporting their growth is vital for sustainable economic growth.
He explained that VC/PE firms not only provide financing, but they also support entrepreneurs in their business development journey. In 2022, the private markets segments saw significant growth, with combined investments totalling RM3 billion from VC/PE, ECF, and P2P financing. He said CVC creates opportunities for knowledge sharing, resource pooling and technology transfer, ultimately contributing to the overall development of the startup ecosystem in the country.
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SC, Agriculture Ministry set up steering committee to help agropreneursKUALA LUMPUR: The Securities Commission (SC) and Ministry of Agriculture and Food Security (KPKM) have established the Malaysian Innovation Agri-Financing Steering Committee (MIAF) to help agropreneurs grow and support the country’s food security.
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