According to the Department of Statistics, the percentage of Malaysia’s incidence of poverty had fallen from 49.3% in 1970 to 0.4% in 2017 – a record achievement over the last 50 years. With official statistics boasting almost no poverty in the economy, it is a startling truth that an international agency’s finding shows otherwise. Furthermore, the impact of price increases on Bottom 40% (B40) is far greater, as having a lower disposable income means compromising certain important needs, and trimming spending on basic necessities such as food and education.
In-line with the government’s aim to support the B40 households, Taylor’s Education Group has once again partnered CIMB Islamic Bank Bhd for the second year now in creating an impact to these communities. Program Keusahawanan (PK) Taylor’s-CIMB Islamic aimed to elevate the community from poverty and this entrepreneurship program targeted to equip the budding entrepreneurs from the Projek Perumahan Rakyat (PPR) communities with core equipment needed for their business.
Program Keusahawanan Taylor’s – CIMB Islamic 2018 hit a new milestone on 14th April 2018! This program started as a small project in 2017 and has grown more than 5 times in 2018. This year, we kicked of the program with a series of motivation talks in January to recruit aspiring entrepreneurs from the underserved community for a competition worth RM500, 000. Almost 200 people from PPR (Projek Perumahan Rakyat) Gombak Setia, Pantai Dalam area, Taman Putra Damai Lembah Subang, Sungai Besi and Kampung Muhibbah community signed up for the program.
Being the second year, this program continued to adopt the previously deployed business canvas model by Taylor’s Business School (TBS). Students and lecturers from TBS joined forces with our Taylors Community coaches with a mission to educate and prepare them for their presentation session to CIMB Islamic Bank. After a vigorous phase of coaching, a total of 127 participants successfully ‘graduated’ Education Phase and they pitched their business ideas today to a panel of 38 judges at Taylor’s Lakeside Campus.
In many local universities and colleges, it is common to a student’s day to largely consist of sitting in the lecture theatre, listening to a lecture, and taking notes in preparation for an exam or quiz. In Taylor’s, we recognise that life learning and leadership skills is the core to be a productive leader who gives back to the society. With that, the institution aims to provide holistic education and instil learning for the head, heart and hand. Therefore service learning has an essential part of preparing students to take their productive place as leaders in the global community.
Earlier this month, the Foundation students of Taylor’s University Business School embarked on a 3-week journey with the PPR Gombak Setia participants of the Program Keusahawanan Taylor’s-CIMB Islamic 2018. Named as ‘The Apprentice Initiative’, students in groups created mock companies with their vision, mission and objective to equip the community with business and marketing knowledge. The companies, completed with company logos and organisational structures, were given the assignment to act as the consultant to the participants, who was then their clients. This gave students an opportunity to explore academic interests through a real world lenses.
Thirteen business owners of Projek Perumahan Rakyat (PPR) Sri Pantai were awarded business grants at a ceremony on 7 November as the finale of phase two of Program Keusahawanan Taylor’s-CIMB Islamic 2017. The impact drove programme is a partnership between Taylor’s Education Group and CIMB Islamic Bank Berhad, aimed to educate and cultivate entrepreneurs from the underserved community. For the past three months, over 100 residents from PPR Sri Pantai have engaged with representatives from Taylor’s Education Group and CIMB Islamic via two phases; the Motivation phase and the Education phase. The next and last phase will be the Implementation phase.
The first phase saw the residents attend eight sessions with entrepreneurs like Syireen Rose from Peaches & Pens, Mariq Marzuki from Mariq Jewellers and Rizal Rashid from Neuroworks International among others as well as Wan Dazriq Wan Zulkiflee from Malaysian Global Innovation & Creativity Centre (MaGIC) who shared about social entrepreneurship experiences. The purpose of this phase was to provide a platform for the residents to hear from other entrepreneurs and be inspired by them.
As a yearly affair, Taylor’s University School of Pharmacy Collaborated with Pfizer and Taylor’s Community to equip the group of students the necessary project management and practical skill sets. A project team comprises of TUSOP student representative crafted the entire project plan with the aid of their lecturers and Taylor’s Community team, resulting in a well thought plan that was worth professional acclaims.