Dato’ Seri Sundarajoo Somu has encouraged Indian entrepreneurs in Penang to attend the SPUMI 3.0 briefing. This event aims to provide valuable information about government financing, business assistance, and support initiatives designed to help businesses grow. Dato’ Seri Sundarajoo Somu organises the briefing in collaboration with Pertubuhan Inspirasi Generasi Baharu.
What is SPUMI?
SPUMI, or the Indian Community Entrepreneur Development Scheme (Skim Pembangunan Usahawan Masyarakat India), is a financing programme managed by TEKUN Nasional under the Ministry of Entrepreneur and Cooperatives Development (KUSKOP). The scheme provides financial assistance and support to help Indian entrepreneurs start, strengthen, and expand their businesses. Under the latest initiative, eligible entrepreneurs may apply for financing ranging from RM10,000 to RM100,000, subject to the scheme’s terms and conditions.

The Briefing Event Details
The briefing will provide participants with detailed information on SPUMI 3.0, including available financing facilities, eligibility requirements, application procedures, and the various initiatives designed to enhance business competitiveness.
Date: 4 July 2026
Time: 8:30am to 1:00pm
Venue: Chai Leng Park Multipurpose Hall
Registration Link: Click this Google Form to register

Interested entrepreneurs are encouraged to register in advance. Dato’ Seri Sundarajoo Somu also emphasized sharing this information with fellow entrepreneurs who may benefit from the program.
Source: Dato’ Seri Sundarajoo Somu Facebook

