The three-year initiative will provide eligible institutions with up to RM100,000 in seed fund each.
Talent Corporation (TalentCorp) has introduced the mynext Graduate Employability Grant for Malaysian public higher learning institutions (Institusi Pengajian Tinggi Awam, or IPTA).
Announced on 26 September (Tuesday), the grant is a three-year initiative that provides these institutions with up to RM100,000 Graduate Employability seed fund per institution. This funding will be made available to institutions that meet the collaboration model's requirements, the agency added.
Commenting on this, Thomas Matthew, TalentCorp Group CEO, said a key aim is to encourage students to make full use of the agency's mynext platform.
"TalentCorp's mynext Graduate Employability Grant represents a pivotal milestone in Malaysia's endeavour to cultivate a skilled and adaptable workforce. It also serves as our contribution to institutions with commendable plans for conducting activities but limited resources to execute them," he stated.
In his speech at the soft launch event, read on his behalf by S. Sivakumar, Undersecretary of the Policy Division of MOHR, Minister of Human Resources V. Sivakumar said TalentCorp's investment of RM2mn in this initiative "demonstrates the government's commitment to enhancing students' career readiness and employability, addressing a key challenge of underemployment and career mismatch."
"I called on all local public universities to seize this opportunity to further improve the employability of our local graduates, with the goal of contributing to the development of a sustainable MADANI workforce," he added.
As shared, Universiti Teknologi Malaysia (UTM) was the first IPTA to commit to the mynext Graduate Employability Grant for the benefit of their more than 32,000 students, doing so at the soft launch event.