To formulate policy and implement programmes for the development of SMEs in Malaysia;
To provide technical and advisory support services in collaboration with other related agencies involved in SMEs development;
To forge industrial linkages between SMEs and large companies/ Multinational Corporations (MNCs) ;
To implement, coordinate and monitor financial assistance schemes provided to SMEs ;
To collaborate with other local and international SME related agencies to develop SMEs .
VISION SMEs AS A DYNAMIC AND INTEGRAL PART OF THE MALAYSIAN INDUSTRIAL COMMUNITY LINKED TO THE INTERNATIONAL SUPPLY CHAIN
MISSION TO ENHANCE THE COMPETITIVENESS, EFFICIENCY AND PRODUCTIVITY OF SMEs
General administration and corporate functions of the Corporation and matters pertaining to relation with the government Formulation of policies and guidelines for the financial assistance programmes. Responsible for the formulation, implementation and management of promotional policies and strategies on SME assistance programmes Developing and nurturing SMEs to become reliable and competitive manufacturers and suppliers to leading industries. Management of the SME Information & Advisory Centre so as to disseminate updated and real-time information to SMEs Formulation of policies, programmes and incentives for the development of Malaysian SMEs SMIDEC: ORGANISATIONAL STRUCTURE
44,185 manufacturing companies registered with Companies Commission of Malaysia.
20,455 are active establishments.
18,271 or 89.8 are SMEs.
PROFILE OF SMEs
MALAYSIA : SME’s CONTRIBUTION IN THE MANUFACTURING SECTOR 28.5 29.1 Output 30.7 26.2 Value added 26.5 32.5 Employment 2002 2003
General Manufacturing Wood and Wood products Food, Beverages and Tobacco Paper and Paper Products Machinery and Equipments Textile, Apparel and Leathers Rubber and Plastic Electrical and Electronics Chemical, Petroleum Coal Metal Non Metallic Mineral Products MARKET SHARE: EXPORT - 20% DOMESTIC - 80% Transport Equipment General manufacturing (i.e. jewelry, sporting goods DISTRIBUTION BY SECTORS
The GSP involves training in critical skills and also linkage to MNCs and large companies. The training initiative is implemented in collaboration with local Skills Development Centres
Through the linkage initiative of the GSP, SMEs are developed to be competitive suppliers of parts and components, not only to MNCs in Malaysia, but also their worldwide operations through the mentoring activities.
Offers assistance to SMEs in modernising and automating their manufacturing operations
Working Capital Financing
Fixed Asset Financing
Fixed asset financing
Both existing as well as start-up companies are eligible for:
FLEXIBLE AND ATTRACTIVE TERMS OF SLSME Loan Size Project Financing - maximum of RM 5 mil. Fixed Asset Financing-maximum of RM 2.5 mil. Working Capital Financing - Maximum of RM 1 mil. Minimum Loan - RM50,000.00 Refinancing is not allowed Interest Rate 4.0% p.a Repayment Period 5-15 years Grace period – 2 years
To integrate more companies / enterprises owned and run by women into the mainstream of manufacturing through inter and intra industry linkage
To enhance the global competitiveness of companies / enterprises owned and run by women
To upgrade the technological capabilities and technical skills and expertise of companies / enterprises owned and run by women
To allow greater access to financing for women entrepreneurs The sector coverage of this Scheme has been expanded to include other activities Specifically packaged to be more flexible and accessible to women entrepreneurs OBJECTIVES SPECIAL ASSISTANCE SCHEME FOR WOMEN ENTREPRENEURS
SMEs need to be nurtured and develop to increase their contribution to output, value added and employment. Current contribution is still small compared to develop countries.
Need to enhance and speed up intergration of SMEs with the mainstream domestic manufacturing sector and the global supply chain.
SMIDEC NORTHERN REGION OFFICE LORONG PERUSAHAAN BUKIT MINYAK 2 TAMAN PERUSAHAAN BUKIT MINYAK 14100 SEBERANG JAYA PULAU PINANG Tel: 04-5024207 Fax: 04-5024205 E-mail: email@example.com http : //www.smidec.gov.my Toll Free Line : 1-800-18-1801 THANK YOU SMIDEC