Selangor Dispersed RM750 Million Benefitting Over 57,000 Entrepreneurs

Selangor’s entrepreneur’s development agency, Yayasan Hijrah Selangor has channelled approximately RM749.63 million in business capital through various financing schemes since it was established in 2015.

Its promotion manager Mohd Ridhwan Asmara said the funds have benefitted up to 57,492 entrepreneurs in the state by developing their respective businesses.

“Much capital has been released for the i-Business scheme, as it is one of the financing options entrepreneurs choose.

“The disbursement of this financing is indicative of Hijrah’s genuine assistance and its close rapport with entrepreneurs, so as to help their businesses,” he said when contacted yesterday.

Mohd Ridhwan added that he expects approximately 2,836 entrepreneurs will apply for funding this year, at an estimated RM50 million in allocation.

The 2023 Selangor Budget presented by Menteri Besar Dato’ Seri Amirudin Shari on November 25 last year allocated a total of RM130 million for Hijrah to improve its schemes and to aid entrepreneurial development.

Asides from i-Business, other schemes offered by Hijrah include Zero to Hero, Niaga Darul Ehsan (NaDI), Go Digital, i-Lestari, i-Agro, and i-Bermusim, among others

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