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In the capacity of fund secretariat, SIDC administers two education funds to develop and enhance the Bumiputera talent pool in the capital market through a selection of approved programmes. The objective of the Bumiputera Training Fund (BTF) is to enhance the technical competencies of Bumiputera employees in stockbroking firms, whereas the Bumiputera Dealer Representatives Education Fund (BDREF) serves to increase the number of Bumiputera dealer’s representatives with professional qualifications. Applications for education funding are open throughout the year.