1.1 The Tunas Usahawan Belia Bumiputera (TUBE) programme is a Government initiative to encourage youth to venture into business. The programme was announced by YAB Prime Minister with an initial allocation of RM10 million last year was designed to inculcate and develop Bumiputera youths aged between 18-30 years to participate in entrepreneurship. The objectives of this programme are:
i. To acculturate entrepreneurship;
ii. Paradigm shift from job seekers to employment providers; and
iii. To create resilience and sustainability of entrepreneurs.
1.2 The programme includes both mental and physical endurance, and participants will be exposed to the landscape and challenges of the business world. This will be done through three phases which include:
i. Phase 1 : Test the Perseverance of Mind & Physical;
ii. Phase 2 : Increase Knowledge - Effective Business Operations; and
iii. Phase 3 : Guidance on Effective Business (Buddy System)
1.3 To ensure the continuation of training and support to participants, the programme provides Buddy System which is undertaken by SME Corp. Malaysia’s Business Counsellors to ensure the sustainability of the businesses for the period of the first 12 months. After the successful completion of Phase 1 and Phase 2, the participants will be considered RM15,000 in the form of grant to assist them in starting the business.
Please visit TUBE website at tube.smecorp.gov.my for more information and application for TUBE 3.0.