The Effectiveness of the MARA Entrepreneurship Program on the Performance of Bumiputera Entrepreneurs

Muhammad Akmal Azlan, Harun Baharudin, Muhamad Fadhil Amri Ja'afar, Aslina Wati Abdullah, Bathusha Shareef Kader Shaik Ali
2022 International Journal of Academic Research in Business and Social Sciences  
Various efforts and support have been done by the government to help dignify entrepreneurs in Malaysia, especially the Bumiputera group. Among the bodies responsible for helping to empower the field of entrepreneurship in Malaysia is Majlis Amanah Rakyat (MARA). This study aims to identify the effectiveness of the MARA entrepreneurship program that has been created for MARA entrepreneurs which measures the entrepreneurs' business achievements. In addition, this study also aims to measure the
more » ... el of satisfaction of MARA entrepreneurs towards the entrepreneurship program provided by MARA. This study uses a survey design involving 1,527 randomly selected respondents. The research instrument is a questionnaire designed for MARA entrepreneurs and the findings of this study were analysed descriptively. The results of the study found that the MARA Entrepreneurship Program was effective in creating and improving the performance of entrepreneurs at every level of entrepreneurs even though this study does not involve all levels of entrepreneurs. In addition, MARA entrepreneurs were generally satisfied with the entrepreneurship program provided by MARA to entrepreneurs. The implication of this study shows that there is still room and opportunity to improve MARA's entrepreneurship program either in terms of training or funding. Therefore, the proposed Strategic Planning Plan must focus on the three main divisions of the MARA entrepreneurial sector and create a special unit, the Support Division, to assist in mapping assignments, job descriptions and placements according to the duties of operational officers.
doi:10.6007/ijarbss/v12-i11/15703 fatcat:akfchicyszhgfit7fwtdk6x3su