The Sabah state government have initiated a new program known as Syabas under the purview of its youth and sports ministry to spur economic growth and build the capacity of the youths.
Chief Minister Datuk Seri Panglima Hajiji Noor recently launched the Program Skim Jaya Usahawan Belia (Syabas) program at Menara Kinabalu.
This program is an initiative pioneered by Hajiji through the aspirations voiced by the younger generation seeking assistance for the youths of Sabah to develop existing businesses or start new businesses.
The state government allocated RM10 million for the SYABAS program as financial assistance to Sabah’s youth entrepreneurs.
Among the program’s objectives is to help youths who lost their jobs due to the Covid-19 pandemic venture into business.
This program will help youth entrepreneurs who have products to develop their business operations and assist them in building an international network through export/import business activities to sustain the business.
The target of this program is Sabah Bumiputera youths aged 18 to 40 years, and the funding for youths who want to start a business and grow a business will be in the form of small financial assistance.
Apart from that, the state government also launched assistance through a program known as BizRider 300. Under this program, the state government gave 300 motorcycles to the youths through Sabah Economic Development and Investment Authority (SEDIA).
Another program under the Sabah’s 2022 Budget is Felo Sabah Maju Jaya. Twenty-four youths have been selected as the pioneers to undergo various training for six months in 12 ministries in Sabah.
The state government also provided a platform for the youths to voice their ideas through Sabah Students Consultation Council. This initiative will enable sharing of ideas and hearing their suggestions.
The youth and sports ministry will supervise the fund in collaboration with Institut Kerjasama Kerajaan dan Rakyat (IKRAR).
Those wishing to get additional information on SYABAS can do so from the website at the Syabas portal.