The university is once again honoured by the presence of the Honorable Prime Minister Datuk Seri Najib Tun Razak to launch the Business Start-Up Fund (BSF)in Universiti Teknologi MARA. A RM100mil fund has been set up to help develop technology entrepreneurs and new start-up companies. The BSF would be managed by the Malaysian Technology Development Corporation (MTDC).
The honourable Prime Minister reiterated that the BSF is one of the Government initiatives to help entrepreneurs develop innovative products with market potential. At the same event, the prime minister witnessed the exchange of a memorandum of agreement between UiTM and MTDC to build a Technopreneur Centre for the university's campus in Shah Alam. Among those present at the event include the Higher Education Minister Datuk Seri Mohamed Khaled Nordin, UiTM Vice Chancellor Dato' Prof Ir Sahol Hamid Abu Bakar and MTDC Chief Executive Officer Norhalim Yunus.