SEGi College Kuala Lumpur welcomed Suruhanjaya Syarikat Malaysia (SSM) for an Entrepreneurship Talk, providing students with crucial insights into business registration and compliance in Malaysia. Held on 19 February 2025, this interactive session aimed to bridge the knowledge gap between aspiring entrepreneurs and the regulatory framework, ensuring students are well-prepared to navigate the business landscape.
Entrepreneurship plays a pivotal role in economic growth, with 97.4% of businesses in Malaysia classified as SMEs. However, many budding entrepreneurs overlook the importance of proper business registration, which is essential for legal protection, credibility, and financial opportunities. The talk addressed this issue by guiding students on business structures, legal requirements, and best practices for setting up and sustaining a business in Malaysia.
SSM representatives provided an in-depth explanation of the different types of business entities, their advantages, and the legal responsibilities that come with them. Students also gained first-hand knowledge of SSM’s services, including business name searches, registration processes, and compliance guidelines. These are critical components for any entrepreneur looking to establish a legitimate and scalable business.
Education and accessibility to business knowledge are key drivers of economic empowerment. According to the World Bank, countries that foster entrepreneurial learning see a 30% increase in youth-led business ventures. By equipping students with essential business knowledge, this talk supports the nation’s goal of increasing SME contributions to GDP while ensuring young entrepreneurs start their ventures on the right footing.
Engaging with real-world industry experts is a crucial part of SEGi’s approach to practical education, ensuring students are not just academically competent but business-ready. Events like these help students bridge the gap between theoretical knowledge and real-world applications, fostering a generation of innovative and well-prepared entrepreneurs who contribute meaningfully to the economy.
By hosting discussions that demystify business registration and encourage responsible entrepreneurship, the talk reinforced the importance of structured business growth, financial literacy, and long-term sustainability. The collaboration between SEGi and SSM highlights how partnerships can empower the next generation of business leaders, ensuring they have the knowledge, confidence, and support to thrive in today’s competitive market.
This event is organised in support of the following United Nations Sustainable Development Goals (SDG):
SDG 4: Quality Education
SDG 17: Partnerships for the Goals