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Informal entrepreneurs encouraged to apply for Spin

Informal entrepreneurs encouraged to apply for Spin 30 Apr 2021 / 10:25 H. -Bernama MELAKA: Small or informal entrepreneurs who are facing problems in getting access to capital because they have not registered their businesses with the Companies Commission of Malaysia (SSM), any professional body or the local authorities, are encouraged to immediately apply for the Informal Financing Scheme (Spin). Deputy Minister of Entrepreneur Development and Cooperatives Datuk Mas Ermieyati Samsudin (pix) said the scheme under the National Entrepreneur Group Economic Fund (Tekun) would provide a maximum funding of RM5,000. “Applicants will only need to submit a copy of their identity card, one month bank statement and utility bills.

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