Entrepreneurs play an important role in the economic development of a country. Successful entrepreneurs innovate, bring new products and concepts to the market, improve market efficiency, build wealth, create jobs, and enhance economic growth. Entrepreneurs convert ideas into economic opportunities through innovations which are considered to be major source of competitiveness in an increasingly globalizing world economy.
Therefore, most governments in the world strive to augment supply of competent and globally competitive entrepreneurs in their respective countries. While developed nations have a reasonably good pace of entrepreneurial supply, most developing countries suffer from dearth of such entrepreneurs.
This is one of the reasons for the poverty in developing countries, despite their rich resource endowment. More efforts need to be made to encourage startups in Malaysia.
While supporting young firms in technology and other new-age innovative sectors is important, Malaysia also needs to develop an ecosystem that encourages innovation at more mature enterprises across the ICT and digital sector. This segment has the capacity to generate a large number of jobs. FTMK understand this and we do our best to nature entrepreneurship mindset to our students with activities and industrial mentoring program. If you one of the industrial player, joint us by offering internship place to our students.