STARTUP

Set Model Phase 4

With the introduction of the SET solutions, many new employment opportunities will have been created, and during the Education Phase the necessary skills needed for job availabilities will have been developed. Following skills development, individuals are ready for employment. We take this a step further, taking individuals beyond employment; guiding them in creating and launching their own businesses. MRT will provide fully integrated Enterprise & Supplier Development solutions through the New Venture Creation Programme which guides venture candidates throughout their business development. These new businesses not only contributes to reducing unemployment, but also fosters self-suffi ciency, breaking the cycle of learned helplessness.

Step 4: Enterprise And Supplier Development, and Incubation Solutions

Our approach for implementing the New Venture Creation Programme to support new and existing businesses involves five major steps:

  1. Venture Candidate On-boarding
  2. Identification of Supply Demand in the Local Market
  3. Creation of Small Business Development Ecosystem and Conducting Startup Training
  4. Post-Training Mentoring and Follow-up System
  5. Monitoring and Evaluation

Set Model Framework

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