MTDC, SME Corp to foster SME entrepreneurial growth
Malaysian Technology Development Corporation (MTDC) has partnered
with SME Corporation Malaysia (SME Corp) to foster entrepreneurial growth of
small and medium enterprises (SMEs).
The partnership also aims to leverage the strengths of both
parties to establish networks that aspire entrepreneurs, access to technologies
while help them to navigate challenges and expand market reach through exports. MTDCs said it will work with SME Corp to develop a symbiotic
relationship and platforms, share valuable business insights and create
comprehensive programmes to enhance the competitiveness and innovation of
Malaysian entrepreneurs. This is to encourage the adoption of appropriate
technologies and support for SMEs to elevate their presence both locally and
abroad.
MTDC chief executive officer Mohammad Hazani Hassan said the
partnership will further strengthen the corporation's collaboration and
leverage its expertise in nurturing and supporting technology-driven
enterprises. "By combining our resources and expertise, we can
provide a robust platform for SMEs to thrive in the ever-changing market and
prepare our local SMEs for the export opportunity," he said in a
statement.
SME Corp chief executive officer Rizal Nainy said through
targeted training initiatives and strategic guidance under TSMEX programme,
SMEs stand to benefit from the wealth of knowledge and experience that MTDC
brings to the table. This will empower SMEs, providing them with valuable
resources to navigate the complexities of international trade, ultimately
contributing to their growth and success in the global market.
The TSMEX programme, which will be curated and executed by
MTDC's training academy, Technopreneur Training Academy will begin with a
seven-day training programme for 300 companies.
The selection criteria for SMEs to participate in the TSMEX
programme requires that they have been in operation for more than six months,
are registered under Companies Commission of Malaysia, have at least 60 per
cent equity Malaysian ownership and have a minimum annual sales turnover of RM300,000.
The programme will begin in January 2024 with selected
participants, followed by the training session, and is expected to conclude by
September next year.
