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WOMEN IN BUSINESS & ENTREPRENEURSHIP DEVELOPMENT

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Presentation on theme: "WOMEN IN BUSINESS & ENTREPRENEURSHIP DEVELOPMENT"— Presentation transcript:

1 WOMEN IN BUSINESS & ENTREPRENEURSHIP DEVELOPMENT

2 50.43% 16.74% Population of the World Female Youth*
World population has reached 7.05 Billion on December 31, 2012 50.43% 16.74% Female Youth* Source: United Nations Statistics Division, December 2012 *Aged 15 – 24 years old (as defined by UNESCO)

3 Population: 29.7 mil Women: 14.66 mil (49.3%) Youth*: 11.5 mil (38.7%)
Facts & Figures Population: 29.7 mil Women: mil (49.3%) Youth*: mil (38.7%) GDP: USD 0.3 tri Population: 2.7 bil Women: 1.4 bil (51.9%) Youth*: n.a. GDP: USD 40.3 tri Malaysia’s population is only 1.1% of the 2.7 billion APEC population as a whole. Therefore this represent a big opportunity for our SMEs to expand to other APEC economies. *Aged 15 – 24 years old (as defined by UNESCO) Source: 1. 2.

4 SMEs owned/run by women...
Countries Women Owned 19.7% 54% 31.5% 36.2% Source: 1. Department of Statistics, Malaysia 2. The State of Women-Owned Business Report, American Express 3. Ministry of Finance Tax Data Centre, Chinese Taipei 4. Australian Government, Department of Innovation, Industry, Science and Research

5 NATIONAL POLICY ON WOMEN
POLICY DIRECTION NATIONAL POLICY ON WOMEN (2009) TENTH MALAYSIA PLAN (2011 – 2015) NATIONAL PLAN OF ACTION FOR THE ADVANCEMENT OF WOMEN

6 National SME Development Council …
high level body to chart SME policy direction Council established in 2004 Chaired by Prime Minister 15 Ministers and 3 key agencies Roles and Responsibility Secretariat: SME Corp. Malaysia (w.e.f. 1 Aug 2008, previously the Central Bank) Provides direction for comprehensive development of SMEs across all sectors Composition of NSDC: Chairman: Prime Minister of Malaysia Members: 11 Federal Ministers (MITI, MOF, MDTCC, MOE, MOSTI, MOA, MIPC, MRRD, MoTour & MOHR) MID Sabah & MID Sarawak Chief Secretary to the Government Governor of the Central Bank of Malaysia Director General of Economic Planning Unit Formulates broad policies and strategies Oversees coordination of and ensures effectiveness in policy implementation

7 Developmental Programmes…

8 Human Capital Development Technology & Innovation
155 Programmes by Access to Financing 61 Progs; US$5.5b Human Capital Development 34 Progs; US$46.0m Technology & Innovation 26 Progs; US$131.9m Market Access 20 Progs; US$24.6m Infrastructure 14 Progs; US$29.1m 155 Progs; US$5.76b Government Fund (139 programmes; US$3,244.8m) Private Fund (16 programmes; US$2,512.9m)

9 Bumiputera Entrepreneurs
Programmes for Specific Group Bumiputera Entrepreneurs 51 progs; US$1.9b Women Entrepreneurs 6 progs; US$0.8b Micro Enterprise 24 progs; US$0.9b

10 THE 10TH MALAYSIA PLAN Increasing women’s participation in the labour force KEY PROGRAMMES Increasing the number of women in key decision making positions Improving provision of support for women in challenging circumstances such as widows, single mothers and those with lower income Eliminating all forms of discrimination against women

11 FEMALE LABOUR FORCE PARTICIPATION RATE
Set up more Childcare Centres Latent Workforce Initiative Female Labour Force Participation Rate (2011) 47.9% To achieve 55% in 2015 Fees Subsidy Guidelines of Home-Working

12 PROGRAMMES FOR WOMEN ENTREPRENEURS
INTENSIVE SKILLS TRAINING FOR SINGLE MOTHERS INCUBATION ENTREPRENEURIAL WOMEN 1Azam Kerja (Jobs) 1Azam Niaga (Business) 1Azam Tani (agriculture) 1Azam Khidmat (Services) 106,967 participants 65.65% = 70,224 are women Intensive and comprehensive skills training programme and entrepreneurship training for single mothers 2,428 participants Intensive and comprehensive skills and entrepreneurship training for women 1,172 participants

13 WOMEN ENTREPRENEURS PROGRAMME
WOMEN AND ECONOMY WOMEN ENTREPRENEURS PROGRAMME To increase women’s involvement in entrepreneurship. Collaboration programme with Amanah Ikhtiar Malaysia (AIM) 4,300 participants To assist 50,000 online entrepreneurs especially women to boost their sales online.

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