STANDARD CHARTERED-MAGIC PARTNERSHIP TO AMPLIFY SOCIAL ENTREPRENEURSHIP LANDSCAPE IN MALAYSIA

December 5, 2019

Standard Chartered Bank Malaysia Bhd (Standard Chartered) and Malaysian Global Innovation & Creative Center (MaGIC) signed a Memorandum of Understanding (MoU) that aims to amplify the capacities of local social entrepreneurs through a programme called SEtia. Social Entrepreneurs - Transformation, Innovation & Acceleration, is a capacity building initiative with a customised syllabus designed to strengthen the development of social entrepreneurs through business coaching and mentoring support on business modelling, financial management, innovative marketing strategies, government policies and more.Redzuan Mohd Yusoff, Minister of Entrepreneur Development, witnessed the MoU signing between Abrar A. Anwar, Managing Director and Chief Executive Officer of Standard Chartered Bank Malaysia and Dzuleira Abu Bakar, Chief Executive Officer, MaGIC. Under the MoU, Standard Chartered will contribute US$47,830 (RM200,000) to cover the cost of approximately 50 social entrepreneurs participating in SEtia.Read more at Digital News Asia