06-05-2025
Dayang: New initiative to empower young women traders
Published on: Tuesday, May 06, 2025
Published on: Tue, May 06, 2025
By: Ahmad Apong Text Size: Azizah visiting one of the booths at the event. BEAUFORT: The Sabah Government launched a new initiative aimed at empowering young women entrepreneurs across the State, offering financial assistance and business support to help overcome capital constraints. The programme, known as Daya Upaya Peluang Usahanita (Dayang), was highlighted during the closing ceremony of the Young Women Entrepreneurs Empowerment Programme held at Dewan Pa Musa last Saturday. The event was organised in collaboration between the Institute for Development Studies (IDS) Sabah and Sabah Credit Corporation, with support from the Beaufort, Sipitang, Kuala Penyu and Membakut district offices. The closing ceremony was officiated by IDS Chairperson Datuk Seri Azizah Mohd Dun who said these four districts were chosen as the first destinations for the roadshow series to promote the fund to target groups. 'I sincerely hope that many young women entrepreneurs from these four districts will take advantage of the facilities offered to elevate their businesses to higher, more advance and profitable levels,' she said. The initiative was first announced during the Sabah State Budget 2025 tabled on November 15, 2024, as a specific financial incentive and capital assistance programme for young women entrepreneurs. 'This programme represents one of the government's efforts to help overcome the main obstacle facing young women in business, namely, capital constraints,' Azizah said. She said the collaboration between IDS' research expertise and the Sabah Credit Corporation would ensure more efficient programme implementation focused on making a meaningful impact on young women entrepreneurs. 'This type of cooperation is being conducted for the first time and IDS hopes this collaboration will continue to help the State Government enhance various entrepreneurship programs in Sabah,' she added. Azizah noted that Sabah has Malaysia's highest rural population, exceeding 60 per cent, which influences the economic ownership gap between urban and rural areas. 'Economic and entrepreneurial opportunities, especially in business, are more numerous, larger and more accessible in urban areas. While, the size of the economy and entrepreneurship in rural areas remains smaller for now,' she said. The Dayang programme aims to address this imbalance by strengthening rural economies through women's participation. 'Global observations show that women are important agents of social transformation through economic participation, ownership and mastery,' Azizah said, quoting former UN Secretary-General Kofi Annan 'When women thrive, all of society benefits and succeeding generations are given a better start in life.' The Dayang programme not only provides financial loans to start or expand existing businesses but also offers a continuous support ecosystem in all 30 districts of Sabah where these entrepreneurs operate. 'The support provided by IDS is based on a mentor-mentee concept,' Azizah said. 'Support elements include building capacity and skills over time and facilitating market access. Most importantly, we also help them create social capital through networking with other grassroots entrepreneurs in their respective localities,' she added. She encouraged young women entrepreneurs from Beaufort, Sipitang, Membakut and Kuala Penyu to make the best use of this opportunity to start, expand and advance their businesses, noting that business expansion can create downstream businesses and, more importantly, employment opportunities for local residents. 'I pray that we will achieve much success through this effort,' she said. The event also included a Raya celebration as it took place during the month of Syawal, providing an opportunity for attendees to strengthen relationships while enjoying prepared refreshments. * Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss. * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available.
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