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Agrobank launches RM50m AgroPintar to support microentrepreneurs
Agrobank launches RM50m AgroPintar to support microentrepreneurs

The Sun

timea day ago

  • Business
  • The Sun

Agrobank launches RM50m AgroPintar to support microentrepreneurs

PETALING JAYA: Agrobank has launched the Agro Pintar Niaga Programme (AgroPintar), an initiative designed to empower microentrepreneurs through a combination of financing, i-Tekad grant matching and structured entrepreneurship training to help them manage and grow their businesses sustainably. Group president/CEO Tengku Datuk Ahmad Badli Shah Raja Hussin said, 'AgroPintar is a holistic programme that offers not just financing and i-Tekad grant matching, but also essential modules on entrepreneurship and business ethics. 'It places strong emphasis on financial literacy, covering areas such as financial management, credit risk control and debt management. The ultimate goal isto enhance the competitiveness and decision-making capabilities of microentrepreneurs to help them make more effective business decisions,' he added. Ahmad Badli Shah said Agrobank has allocated RM50 million to facilitate microfinancing access through the programme, alongside an additional RM5 million in i-Tekad matching grants. 'The programme will support microenterprises through business and contract farming financing schemes, aiming to benefit more than 4,000 qualified microentrepreneurs, particularly from low-income communities.' 'We believe this initiative will not only drive positive economic outcomes but also foster social development among microentrepreneurs,' he said, adding that through structured guidance, participants will be equipped with the knowledge and tools to make sound financial and business decisions, ultimately improving their capacity to manage various aspects of their businesses efficiently. Agrobank will monitor the programme's impact and effectiveness six months after participants join. The AgroPintar Programme is spearheaded by Agrobank's Centre of Excellence and Microfinance Division, reflecting Agrobank's ongoing commitment to empowering microentrepreneurs across Malaysia. At the same event, Agrobank also launched a financial literacy video series developed in collaboration with the Financial Education Network. The 12-episode series features popular social media influencer Sir Asai. This initiative is tailored to promote financial awareness among school students using fun and accessible content. It aims to instil healthy financial habits through the 3S approach – Spend, Save and Share – encouraging the younger generation to adopt responsible money management from an early age.

July 31 deadline for Agro Biz Awards with cash prizes of RM70,000 up for grabs
July 31 deadline for Agro Biz Awards with cash prizes of RM70,000 up for grabs

The Star

time5 days ago

  • Business
  • The Star

July 31 deadline for Agro Biz Awards with cash prizes of RM70,000 up for grabs

Isham (left) launching the Agro Biz Awards 2025, with Tengku Ahmad Badli Shah next to him. Agrobank is welcoming entries for the Agro Biz Awards 2025. In a statement, the bank said the awards are aimed at recognising excellence and outstanding contributions by industry players in the agriculture community, who play a key role in strengthening the nation's food security agenda. The awards were launched by Agriculture and Food Security Ministry secretary-general Datuk Seri Isham Ishak. Also present at the event was Agrobank group president and chief executive officer Datuk Tengku Ahmad Badli Shah Raja Hussin. Agro Biz Awards 2025 targets businesses and entrepreneurs across various agriculture community sectors, and features five main categories. They are Agrobank SME of the Year, which recognises small and medium enterprises (SMEs) that demonstrate excellence in their business operations. The Agrobank Biz Women Award recognises female entrepreneurs who pioneer and mentor other women involved in business activities across the entire food supply chain. The Agrobank Biz Youth Award recognises young entrepreneurs aged between 18 and 40 years who are pioneers and mentors in efforts to increase the involvement of young people in the agricultural and agri-food sectors. The Agrobank Biz Innovation Award recognises individuals, companies or organisations that have demonstrated outstanding innovation in enhancing productivity in the agricultural and agri-food sectors. The fifth category is the Agrobank Biz Disability Empowerment Award which recognises entrepreneurs with disabilities (PWD) in appreciation for their contributions and achievements in the agricultural and agri-food sectors, the bank said. Agrobank is offering cash prizes totalling up to RM70,000 for all award categories. Interested participants can download the entry form via Alternatively, application forms are also available at Agrobank branches nationwide. Completed application forms must be submitted to the nearest Agrobank branch along with the required supporting documents. Participants are required to submit a comprehensive achievement report demonstrating the positive impact of their businesses in the agricultural and agri-food sectors. As supporting material, a participation video not exceeding three minutes must also be provided, the statement said. Shortlisted candidates will be contacted to attend interview sessions and presentations to strengthen their applications. All eligibility criteria and nomination procedures are subject to established terms and conditions. The application deadline is July 31. For more information, call 1-300-88-2476, visit or the nearest Agrobank branch.

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