Mindef targets the SPKLB grant channel to 200 veteran entrepreneurs this year

Mindef targets the SPKLB grant channel to 200 veteran entrepreneurs this year

MUAR: The Ministry of Defense (Mindef) aims to distribute Rural Entrepreneurship Strengthening Support Grants (SPKLB) to 200 armed forces veteran entrepreneurs this year.
Deputy Defense Minister Adly Zahari said SPKLB is a collaboration between Mindef through the Armed Forces Affairs Corporation (Perhebat) and the Ministry of Rural and Regional Development (KKDW) through the People’s Trust Council (MARA).

“We chose among our veterans, entrepreneurs in various fields, to receive assistance grants (SPKLB) from KKDW of RM5,000 each,” he told reporters after the ATM Veteran Entrepreneur Empowerment Program (PUVET ATM) here today.

Adly said entrepreneurship was Mindef’s focus because almost 80 percent of participants who underwent a course at Perhebat before retiring from the Malaysian Armed Forces (ATM) chose the field of entrepreneurship.

He said Mindef is also working with the Ministry of Human Resources and other ministries to provide new income opportunities in addition to entrepreneurship for armed forces veterans after retirement.

Earlier, Adly presented SPKLB grants to 20 veteran ATM entrepreneurs in the state of Johor.

Through the PUVET ATM, veterans also enjoy benefits such as business matching and direct access to entrepreneurial incentives such as facilities, training, and consultancy in aspects of packaging, branding, and marketing.

The program focuses on empowering veterans in their second career, especially entrepreneurship, to help them in the B40 group improve their respective living standards.

PUVET ATM also acts as a facilitator and liaison to identify and channel entrepreneurial incentives, including expert services, facilities, grants, and training needed by veteran ATM entrepreneurs to advance their businesses.

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