KUALA LUMPUR -- The government aims to engage with start-up companies, universities and research organisations to promote the Intellectual Property Guarantee Scheme (IPGS).

KUALA LUMPUR, Jan 23 (Bernama) -- The government aims to engage with start-up companies, universities and research organisations to promote the Intellectual Property Guarantee Scheme (IPGS).

KUALA LUMPUR, Jan 23: The government aims to engage with start-up companies, universities and research organisations to promote the Intellectual Property Guarantee Scheme (IPGS).

BUDGET 2018 maintained a strong emphasis on SMEs as industry observers note a bigger allocation for the sector compared with 2017. However, many also note that a cut in corporate tax was sorely lacking.

Strengthening SMEs

• Skim Jaminan Pembiayaan Perniagaan for working capital and services sector (RM7bil)
• Government Guarantee loans under SJPP to enable SMEs to automate production (RM1bil)
• Syariah-compliant SME Financing Scheme with subsidy rate of 2% (RM1bil)
• Development of halal industries and products under various agencies (RM82mil)
• SME loans through Koperasi Jayadiri Malaysia Bhd (Kojadi) (RM50mil)
• Indian Community Entrepreneur Development Scheme (SPUMI) under Tekun (RM50mil)

JITRA - Angkatan Koperasi Malaysia Berhad (Angkasa) menggesa kerajaan memperincikan takrif Perusahaan Kecil dan Sederhana supaya gerakan koperasi boleh menikmati faedah dan insentif yang disediakan oleh kerajaan dalam Bajet 2018.