6,580 SMEs scale up, KUSKOP targets 10,000 this year
A total of 6,580 micro, small and medium enterprises have scaled up their businesses so far, says Entrepreneur and Cooperatives Development Minister Steven Sim Chee Keong. He says KUSKOP aims for at least 10,000 SMEs to scale up this year, backed by an extra RM1 billion in microcredit financing that brings the total to RM6 billion. In Penang, RM737 million has been channelled to nearly 6,000 entrepreneurs.