To In the 90's, with the help of China Youth Career Development Association, the small and medium business industry (SMI) in Taiwan developed at a very fast pace. Representatives from the association visited Malaysia in 1992 after Malaysia prominent businessman Tan Sri Lee Kim Yew received the "Model of Overseas Chinese Youth Entrepreneurs Award" from them. Since then, Tan Sri Lee Kim Yew and a few successful entrepreneurs realized that Malaysia should have the ability to initiate innovative entrepreneurial ventures. Malaysia could also mould a positive culture, high moral and ethical entrepreneurship. It will then contribute towards the growth of the country's economy and improve the well being of the society. Thus, Persatuan Usahawan Muda Malaysia (PUMM) was formed on 10th July 1993, as a multiracial voluntary organization.

The first President of PUMM was Tan Sri Lee Kim Yew; Deputy President, Dato' Mohd. Nadzmi Bin Mohd. Salleh and the Secretary General was Mr. Ler Cheng Chye. PUMM was located in a small office in Jln. Pudu with only 25 members at that time. World gets around and the numbers increased twelve fold to 300 members in 1996. The following President in the year 2000 was Dr. Thor Hong Thong; Deputy, Dr. Mohd. Amir Sharifuddin Bin Hashim and the Secretary General was Mr. Tatsun Hoi. The new EXCOs were elected during PUMM Installation Nite at J.W. Marriot on 28th July 2002. (please view PUMM Executive Committee Members for the latest update).

From a small office room in Pudu in its humble beginnings, PUMM moved to the Mines International Exhibition Centre. Today, PUMM membership is approaching 1,000 with its new office located in the Golden Triangle, Heart of KL City Center, AMODA building.

In 1996, PUMM started working with Malaysia Entrepreneurs Development Ministry to boost small and medium sized industry in the country. Within the same year, PUMM has successfully organized strategic the first "National Entrepreneurs Convention". During this period, PUMM organized strategic business conferences almost every month. It helped many young entrepreneurs to realize their vision and also played a critical role in contributing towards international economic development and relations.

With the advent of the internet, PUMM goes online in 1996 during the start of the IT era in Malaysia. It had already prepared itself to mould PUMM into the IT infrastructure.

During the economic crisis in 1997, PUMM organized fewer activities but the entrepreneurs' resolve indomitably. With its wisdom, strength and unity, PUMM runs against the wind and opened up more business opportunities.

PUMM answered to the Government's call in 1998 to strongly work together and overcome the recession in the country. During that period, a lot of overseas trade mission were organized. The idea was to develop expertise, finance and resources to globalize the local industry. Some of the countries on the list were China, Egypt, Vietnam and other Asian countries.

PUMM's endeavors were well recognized in the country. In 1999, our beloved Prime Minister Dato' Seri Dr. Mahathir Mohamad directed PUMM to assist in the country's entrepreneurship in the "Majlis Perundingan Ekonomi Negara Kedua (MAPEN 2). With the help of the public and the media, PUMM continue to advance towards Vision 2020.

Besides implementing the "Share and Inherit the Entrepreneurship Spirit Camapign" which is supported by our Prime Minister, there is also "Boss Academy" courses to help entrepreneurs in building more productive ideas. PUMM will be staging another 10 activities which also include "Malaysia's Young Entrepreneurs' Award".

The new Executive Committee had pledge to continuously serve PUMM in the vision to produce 500 world class Malaysian entrepreneurs. They have vowed to broaden their horizon that would encompasses the forth comers of the world and to fulfill the objective of equitable wealth distribution harmony and prosperity among all races in our beloved country.