Monday, October 26, 2020

Ata Plus to include agriculture in ECF

Ata plus Associate, Islam Elzayyadi, said Ata Plus Sdn Bhd, through its ECF programme is set to include agriculture in its Equity Trust Fund(ETF) platform says Islam says the inclusion of agriculture will enable young agropreneurs start and grow their businesses.

Ata plus Associate, Islam Elzayyadi, said Ata Plus Sdn Bhd, through its ECF programme  is set to include agriculture in its Equity Trust Fund(ETF) platform says Islam says the inclusion of agriculture will enable young agropreneurs start and grow their businesses.

ECF is a programme which allows the public to invest in start-ups and growing companies where in most cases, the investment is made in exchange for shares in the companies.

Ata Plus Sdn Bhd, is a licensed equity crowdfunding platform in Malaysia and one of Malaysia’s first Online Equity Crowdfunding platform.

Islam Elzayyadi, stated that the inclusion was aimed at helping young agropreneurs start and grow their businesses.

Government Tasked to use Agriculture to Tackle Youth Unemployment

During the pocket session of the SME Annual Showcase and Conference, Islam revealed that Ata Plus currently have six registered ECF platforms namely: Funded by me, CROWDO, The Crowd Plus Asia, Eureeca, Pitch In and Ata Plus and that he has plans to five more funders before year end.

He further said: “Currently, 30 companies have registered under the six licensed ECF platforms in Malaysia and we aim to get another five more by year-end,”.

He revealed further that from October 2016 to October 2017, the six licensed crowdfunding operators had raised RM26 million which had been disbursed to over 30 start-ups and companies registered with Ata Plus  nationwide.

“The companies are from various sectors, including wholesale and retail, biotechnology, education, real estate, logistics, transportation and healthcare,” he said.

Islam further added that the ECF programme allowed business operators to pitch their business ideas to potential investors and get them to invest in their business ventures.

AIRDEF to Assist Farmers in Production of Tomato and Other Crops

 

More news

Senator Donates Fertilizer to Farmers

Resident farmers of the Abia Central Senatorial District have been gifted with 1,000 cans of fertilizer by their district representative, Senator Theodore Orji. The...

Firm Persists on Infrastructural Development to Tackle Food Losses

Roland Omorosemi, Chief Executive Officer,‎ Dreamfield Farms Limited explained how more than half of farm produces have been lost by Nigerian farmers to lack...

Farmers Express Support for Biotechnology

Nigerian farmers have conveyed their support for the application of genetically modified organisms (GMOs) in agricultural practices, with many saying they back modern biotechnology...

RIFAN Assures Nigerians of Rice Production, Supply Despite Flooding

The Rice Farmers Association of Nigeria (RIFAN) has assured Nigerians that they will not experience any scarcity of rice following the destruction of rice...

FG Approves N13bn to Fight Pests Across 12 States

The federal government has approved N13 billion in intervention funds across 12 northern states to control pests such as quelea birds, locusts, and grasshoppers,...

Federal University Revives Poultry Farming

  The management at the Federal University of Ilorin is taking concrete steps towards actualizing the Federal Government’s Poultry Revival scheme. The Deputy Vice-Chancellor Management Service...

FCT to Enjoy Over $200 Million Agricultural Investment

The African Development Bank (AfDB) has disclosed its plan to invest about $250 million to boost the Agricultural Sector in the Federal Capital Territory...

Poultry Farmers Lose Over N200bn to COVID-19 in Oyo State

Members of the Poultry Association of Nigeria in Oyo State have lost no less than N200 billion as a result of business closures and...

Benue Farmers Excited Over Booming Beniseed Business

Farmers in Benue State have expressed happiness that they are recording bumper harvest as a result of high demands for sesame seeds. Reports have...

COVID-19: Santuscom MD Distributes Ogoja Rice and Palm Oil

Managing director Paul Santus Ofana of Santuscom Agro-Hub Investment Nigeria Limited, producer of the popular Ogoja Rice  and other allied foods, has distributed rice...

Christian Broadcasting Network (CBN) Africa Supports Nigerian Farmers Community in Oyo

Ife Oluwa Farmers’ Cooperatives Society of Adetoyebi-Ajibode community, Akinyele Local Council Area, Oyo State have received donations of palm oil and cassava-processing mills from...

Related news

Soil Scientist Set to Clampdown Quackery

The Nigeria Institute of Soil Science (NISS) has made this resolution to be spread to all that efforts are to be made to curb...

Osun Boosts Tomato, Pepper Farming with N2.2 Million

  The Osun State government has kicked off its farming empowerment programme with the distribution of N2.2 million loans to selected tomato and pepper growers...

Recapitalization Challenges with the BOA

The Minister of Agriculture and Rural Development, Malam Sabo Nanono said that the Bank of Agriculture (BOA) in Nigeria was still in distress due...

Government Urges the Communities to Release Land for Edo Agripreneure Expansion

  Edo State Government has persuaded the people to support the state’s Agripreneure initiatives. And, it is called on the communities with connecting land sizes...