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Thursday, April 1, 2010

Higher Education Ministry gains RM20m, says Khaled

KUALA LUMPUR: The Higher Education Ministry has gained RM20mil from the now defunct Entrepreneur Development and Co-operatives Ministry.

Announcing this yesterday, Higher Educa­tion Minister Datuk Seri Mohamed Khaled Nordin said the Government had just ap-proved the transfer of funds, adding that his ministry would use the annual allocation to run entrepreneurial programmes for university students.

Speaking at a press conference at Plaza Sentral after witnessing an MoU signing between Perbada-nan Usahawan Nasional Berhad and his ministry, Khaled said the allocation would lead to greater promotion of entrepreneurial traits at universities.

“We will look into ways to further embed entrepreneurial traits into the curriculum and students with genuine interest will be given avenues to mould their talents,” he said.

“The existence of student malls is a good example of the inculcation of entrepreneurial values in universities.
“Not every student will become an entrepreneur but the skills they pick up will make them good intrapreneurs if they are not self-employed.”

(Intrapreneur refers to a person within a corporation who turns an idea into a profitable product through innovation and risk-taking.)

The ministry has also set up an Entrepreneurship Unit to offer entrepreneurship programmes for students at universities, polytechnics and community colleges.

Khaled said the allocation would not be used to fund start-ups by varsity students and his ministry was not responsible for providing loans for such purposes.

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