The document summarizes various types of business regulations and support systems for entrepreneurs in Malaysia. It discusses the need for approvals and licenses from government agencies to start manufacturing businesses. It also outlines infrastructure support provided, such as industrial estates and zones that provide facilities. Financial assistance options are available from both government ministries and agencies for various business purposes. Employment laws and training facilities to develop workforce skills are also part of the business support landscape in Malaysia.
This document discusses business regulations and support systems for entrepreneurs in Malaysia. It covers several key areas:
1. Approval and licensing requirements for manufacturing businesses, including obtaining a manufacturing license from the Malaysian Industrial Development Authority.
2. Infrastructure support provided by the government, such as industrial estates, free industrial zones, and licensed manufacturing warehouses to encourage industry.
3. Financial assistance available to entrepreneurs from government ministries and agencies, including soft loans, grants, equity financing, and tax incentives to strengthen businesses.
The document discusses business regulations and support systems for entrepreneurs in Malaysia. It outlines various government approvals and licenses required for setting up businesses, including manufacturing licenses, environmental approvals, and safety certifications. It also describes infrastructure and facilities provided by the government to support entrepreneurs, such as industrial estates, free industrial zones, and utilities. Finally, it examines the financial assistance available to entrepreneurs from government ministries and agencies, including various loan and grant programs.
Odisha industrial policy 2007 for finance, subsidy & project related suppor...Radha Krishna Sahoo
This document summarizes the key points of the Industrial Policy Resolution (IPR) 2007 and MSME Development Policy 2009 of the Government of Odisha, India. The IPR 2007 aims to reinforce and expand the existing policy framework for industrial promotion, facilitate investment, and create an enabling environment. It offers various non-fiscal and fiscal incentives for micro, small and medium enterprises, large industries, thrust sectors, and priority sectors. These include concessions on land allocation and rates, stamp duty and tax exemptions, interest subsidies, power tariff discounts, and reimbursements of VAT and entertainment tax. The MSME Development Policy 2009 focuses on improving infrastructure, access to credit, raw materials, marketing support, technology upgrades, and institutional support
AMRL SEZ is the first Multi product Special Economic Zone in India - Gateway to a world class facility. AMRL International Tech City Limited is a joint venture effort of AMR Group of Hyderabad and Tamil Nadu Industrial Development Corporation(TIDCO).
ASSET For Industrial & Energy Solutions is an Egyptian company established in 2019 that acts as a sales representative, distributor, and local partner for multinational industrial and energy companies. The company represents world-class manufacturers and aims to provide high-quality solutions across industrial and energy sectors in Egypt and North Africa. ASSET has a team of experts with extensive experience in condition monitoring, machinery protection, and digitalization solutions for sectors like oil and gas, power, and heavy industry.
This document provides an overview of Multi Mech Company and its products and services. Some key points:
- Multi Mech is a large group of companies operating in the MENA region, specializing in heavy equipment for industries like aluminum, steel, oil and gas.
- They are the largest operator of aluminum and steel smelters in the region and hold patents for Doosan foundry/aluminum smelter product designs.
- Multi Mech supplies and services equipment through subsidiaries in various countries. They have ISO certifications and facilities in multiple countries, including a large spare parts facility.
- They provide equipment, maintenance, and project management services to major industries and clients. One example
The document describes plans for an industrial park located in Dnipro, Ukraine. It provides details on the location, including proximity to transportation hubs. The total area of the park will be 60 hectares, with 35 hectares designated as an industrial zone. The park aims to attract manufacturing and promote investment in Dnipro. It will include various types of developments like industrial buildings, commercial and office space, and residential complexes. The management company will oversee arranging the park and engaging participants according to the concept and business plan. The Ukrainian government supports industrial parks through incentives like tax exemptions and infrastructure funding.
This document discusses business regulations and support systems for entrepreneurs in Malaysia. It covers several key areas:
1. Approval and licensing requirements for manufacturing businesses, including obtaining a manufacturing license from the Malaysian Industrial Development Authority.
2. Infrastructure support provided by the government, such as industrial estates, free industrial zones, and licensed manufacturing warehouses to encourage industry.
3. Financial assistance available to entrepreneurs from government ministries and agencies, including soft loans, grants, equity financing, and tax incentives to strengthen businesses.
The document discusses business regulations and support systems for entrepreneurs in Malaysia. It outlines various government approvals and licenses required for setting up businesses, including manufacturing licenses, environmental approvals, and safety certifications. It also describes infrastructure and facilities provided by the government to support entrepreneurs, such as industrial estates, free industrial zones, and utilities. Finally, it examines the financial assistance available to entrepreneurs from government ministries and agencies, including various loan and grant programs.
Odisha industrial policy 2007 for finance, subsidy & project related suppor...Radha Krishna Sahoo
This document summarizes the key points of the Industrial Policy Resolution (IPR) 2007 and MSME Development Policy 2009 of the Government of Odisha, India. The IPR 2007 aims to reinforce and expand the existing policy framework for industrial promotion, facilitate investment, and create an enabling environment. It offers various non-fiscal and fiscal incentives for micro, small and medium enterprises, large industries, thrust sectors, and priority sectors. These include concessions on land allocation and rates, stamp duty and tax exemptions, interest subsidies, power tariff discounts, and reimbursements of VAT and entertainment tax. The MSME Development Policy 2009 focuses on improving infrastructure, access to credit, raw materials, marketing support, technology upgrades, and institutional support
AMRL SEZ is the first Multi product Special Economic Zone in India - Gateway to a world class facility. AMRL International Tech City Limited is a joint venture effort of AMR Group of Hyderabad and Tamil Nadu Industrial Development Corporation(TIDCO).
ASSET For Industrial & Energy Solutions is an Egyptian company established in 2019 that acts as a sales representative, distributor, and local partner for multinational industrial and energy companies. The company represents world-class manufacturers and aims to provide high-quality solutions across industrial and energy sectors in Egypt and North Africa. ASSET has a team of experts with extensive experience in condition monitoring, machinery protection, and digitalization solutions for sectors like oil and gas, power, and heavy industry.
This document provides an overview of Multi Mech Company and its products and services. Some key points:
- Multi Mech is a large group of companies operating in the MENA region, specializing in heavy equipment for industries like aluminum, steel, oil and gas.
- They are the largest operator of aluminum and steel smelters in the region and hold patents for Doosan foundry/aluminum smelter product designs.
- Multi Mech supplies and services equipment through subsidiaries in various countries. They have ISO certifications and facilities in multiple countries, including a large spare parts facility.
- They provide equipment, maintenance, and project management services to major industries and clients. One example
The document describes plans for an industrial park located in Dnipro, Ukraine. It provides details on the location, including proximity to transportation hubs. The total area of the park will be 60 hectares, with 35 hectares designated as an industrial zone. The park aims to attract manufacturing and promote investment in Dnipro. It will include various types of developments like industrial buildings, commercial and office space, and residential complexes. The management company will oversee arranging the park and engaging participants according to the concept and business plan. The Ukrainian government supports industrial parks through incentives like tax exemptions and infrastructure funding.
Industrial policy 2001 - for finance, subsidy & project related support cont...Radha Krishna Sahoo
This document outlines an industrial policy resolution for the state of Orissa, India. It discusses the goals of transforming Orissa into an industrial state and attracting investment by leveraging the state's natural resources. It highlights challenges like the 1999 super cyclone and state budget constraints. The policy aims to create a business-friendly climate, promote priority sectors like mining and IT, expedite clearances through a single window system, and develop infrastructure through public-private partnerships. It defines key terms and outlines incentives for various project sizes.
The document outlines India's "Zero Defect Zero Effect" policy launched in 2014 to facilitate investment, innovation, skill development, intellectual property protection, and manufacturing infrastructure. The policy aims to enhance job creation, boost the economy, make India self-reliant, establish it as a manufacturing hub, and empower secondary and tertiary sectors. It simplifies processes like industrial licensing and environmental clearances and establishes a team to assist first-time investors. The policy also increases foreign direct investment limits in several sectors like defense, railways, and credit information to attract more investment. Key manufacturing sectors are identified and hurdles like unskilled labor, infrastructure, and land policy are acknowledged along with suggestions on overcoming them.
This document promotes Bintan Industrial Estate, a 270-hectare industrial park in Bintan, Indonesia located just an hour from Singapore by ferry. It offers ready-built factories, land parcels, infrastructure support, lifestyle and residential amenities to attract companies. Key industries promoted are halal and food processing, maritime, and aviation maintenance due to the planned airport and proximity to Singapore and global markets. The developers, Gallant Venture Ltd and PT Bintan Inti Industrial Estate, aim to develop Bintan into an economic hub through the industrial park.
PEZA is a Philippine government agency that promotes investments and provides incentives in export-oriented manufacturing and service facilities within special economic zones. It oversees economic zone developers and registered companies. PEZA's goal is to generate investments, exports, and jobs through a globally competitive and sustainable business environment. Eligible activities for PEZA registration and incentives include export manufacturing, IT service exports where 70% of revenues are foreign, tourism, logistics, and economic zone development. Fiscal incentives for registered IT enterprises include income tax holidays for 4-6 years, 5% tax on gross income thereafter, duty-free imports, VAT zero-rating, and local tax exemptions.
Company Profile Jan 2015 InternationalCraig Donald
This document provides information about ISIS Technical Services, a company that offers subsea inspection, corrosion prevention, and cathodic protection systems. It has offices located in Malaysia, the UK, Europe, and Singapore. The company aims to exceed client expectations by providing professional and efficient services such as subsea cathodic protection surveys, design and optimization of cathodic protection systems, and project support personnel. ISIS prides itself on its experienced team and track record of exceptional performance on hundreds of underwater structure inspection projects worldwide.
GRADE 10 INDUSTRIALIZATION AND ECONOMIC DEVELOPMENTJt Engay
Industrialization involves transforming raw materials into finished goods using machines. It is important for economic development as it provides employment, can adjust to consumer demands, and earns foreign currency from exports. The industrial sector has five main components: mining, manufacturing, construction, energy, and water. It faces challenges like skills gaps and environmental issues. Various government agencies promote trade and industry in the Philippines, including the Department of Trade and Industry, Board of Investments, and Philippine Economic Zone Authority. Agriculture and industry are vital as they provide livelihoods, food and raw materials, foreign trade earnings, technological development, and resource transfers.
The summary is as follows:
1. The Khalifa Industrial Zone Abu Dhabi (KIZAD) is a large industrial free zone that offers business facilities and solutions for various activities like manufacturing, logistics, trade, and distribution.
2. KIZAD aims to uphold the 2030 Economic Vision of the Emirates and promote sustainable development and economic competitiveness. It has expanded through developments like the new Khalifa Port Trade Zone.
3. KIZAD provides world-class infrastructure like transportation links by sea, road, rail, and air. It offers services lands, pre-built warehouses and offices, and supports business registration and licensing.
The document outlines India's "Zero Defect Zero Effect" policy launched in 2014 by Prime Minister Modi. The policy aims to boost investment, innovation, skills, intellectual property protection, and manufacturing infrastructure in order to enhance job creation, strengthen the economy, and make India a self-reliant manufacturing hub. It simplifies processes like environmental clearances and industrial licensing. Key initiatives include focusing on sectors like electronics, automobiles and food processing, and policies to increase foreign direct investment limits and promote national manufacturing and intellectual property protection. Challenges to the policy include unskilled workforce, limited resources, labor laws, infrastructure issues, and international competition. Overcoming these barriers involves expanding vocational training, reforming land acquisition, improving
Mohammad Alam is applying for a position utilizing his 20 years of experience in operation and maintenance of electrical systems, HVAC equipment, and other industrial machinery. He holds a diploma in electrical engineering and training in AutoCAD. His career includes roles maintaining equipment for garment factories, a government testing lab, and as an assistant engineer for a sports club in Qatar. Alam aims to take on a creative role committing his skills and advancing his career.
This ppt is related to the entreprenuership and small business enterprises.
It states the steps requires to start a small business enterprise and also the licences to be obtained for setting up the enterprise.
The document provides information about an online amendment class on the Industrial Enterprises Act, 2076 (2076 being the year according to the Nepali calendar). It includes details about the date and time of the class, the resource person, and an overview of some of the key aspects covered in the new act such as definitions, the process for industry registration and permission requirements for certain types of industries. It also summarizes some important points regarding environmental impact assessment requirements and precedents set in court cases related to industry compliance with environmental regulations.
The document provides information about an online amendment class on the Industrial Enterprises Act, 2076 (2076 being the year according to the Nepali calendar). It includes details about the date and time of the class, contact information for the resource person, and an overview of some of the key aspects of the new Industrial Enterprises Act and Regulation, such as definitions, the process for registering and obtaining permission for different types of industries, requirements for environmental impact assessments, and appeals processes for registration refusals.
TRADEQ MERCHANDISING was established to cater to the needs of industries like automotive, transportation, logistics, manufacturing, power, construction and mining by providing material motion equipment, spare parts and supplies. Its vision is to be a market leader and customer-oriented company in supplying these industries. Its mission is to provide good quality, reasonably priced merchandise and immediate deliveries, recommend new products, and contribute to the Philippine economy. The company imports and distributes various industrial tools, equipment, and supplies.
The document describes plans for the Mon Trésor Smart City development in Mauritius. It will include residential, commercial, educational and recreational facilities. Incentives are provided under Mauritius' Smart City Scheme including tax exemptions. The master developer, Omnicane Ltd., aims to attract foreign investment and talent. The development also includes a business park and freeport zone near the airport to establish Mauritius as a business and logistics hub.
The document describes plans for the Mon Trésor Smart City development in Mauritius. It will include residential, commercial, educational and recreational facilities. Incentives are provided under Mauritius' Smart City Scheme including tax exemptions. The master developer, Omnicane Ltd., aims to attract foreign investment and talent. The development also includes a business park and freeport zone near the airport to establish Mauritius as a business and logistics hub.
This document summarizes plans for the Mon Trésor Smart City development in Mauritius. The development will transform underutilized land into a mixed-use community featuring residential, commercial, educational and recreational spaces. It will benefit from tax incentives and proximity to the airport. The master developer, Omnicane Ltd., will oversee planning and construction according to international sustainability standards. A key component is a freeport zone for duty-free industrial and logistics operations with foreign investment. The development aims to strengthen Mauritius as a business and tourism destination in Africa.
The document describes plans for the Mon Trésor Smart City development in Mauritius. It will include residential, commercial, educational and recreational facilities. Incentives are provided under Mauritius' Smart City Scheme including tax exemptions. The master developer, Omnicane Ltd., aims to attract foreign investment and talent. The development also includes a business park and freeport zone near the airport to establish Mauritius as a business and logistics hub.
This document summarizes plans for the Mon Trésor Smart City development in Mauritius. The development will transform underutilized land into a mixed-use community featuring residential, commercial, educational and recreational spaces. It will benefit from tax incentives and proximity to the airport. The master developer, Omnicane Ltd., will oversee planning and construction according to international sustainability standards. Amenities will include hotels, business parks, beaches and nature areas to establish Mon Trésor as a premier location for living, working and leisure in Mauritius.
This document summarizes plans for the Mon Trésor Smart City development in Mauritius. The development will transform underutilized land into a mixed-use community featuring residential, commercial, educational and recreational spaces. It will benefit from tax incentives and proximity to the airport. The master developer, Omnicane Ltd., will oversee planning and construction according to international sustainability standards. Amenities will include hotels, business parks, beaches and nature areas to establish Mon Trésor as a premier location for living, working and leisure in Mauritius.
[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This PowerPoint compilation offers a comprehensive overview of 20 leading innovation management frameworks and methodologies, selected for their broad applicability across various industries and organizational contexts. These frameworks are valuable resources for a wide range of users, including business professionals, educators, and consultants.
Each framework is presented with visually engaging diagrams and templates, ensuring the content is both informative and appealing. While this compilation is thorough, please note that the slides are intended as supplementary resources and may not be sufficient for standalone instructional purposes.
This compilation is ideal for anyone looking to enhance their understanding of innovation management and drive meaningful change within their organization. Whether you aim to improve product development processes, enhance customer experiences, or drive digital transformation, these frameworks offer valuable insights and tools to help you achieve your goals.
INCLUDED FRAMEWORKS/MODELS:
1. Stanford’s Design Thinking
2. IDEO’s Human-Centered Design
3. Strategyzer’s Business Model Innovation
4. Lean Startup Methodology
5. Agile Innovation Framework
6. Doblin’s Ten Types of Innovation
7. McKinsey’s Three Horizons of Growth
8. Customer Journey Map
9. Christensen’s Disruptive Innovation Theory
10. Blue Ocean Strategy
11. Strategyn’s Jobs-To-Be-Done (JTBD) Framework with Job Map
12. Design Sprint Framework
13. The Double Diamond
14. Lean Six Sigma DMAIC
15. TRIZ Problem-Solving Framework
16. Edward de Bono’s Six Thinking Hats
17. Stage-Gate Model
18. Toyota’s Six Steps of Kaizen
19. Microsoft’s Digital Transformation Framework
20. Design for Six Sigma (DFSS)
To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations
Industrial policy 2001 - for finance, subsidy & project related support cont...Radha Krishna Sahoo
This document outlines an industrial policy resolution for the state of Orissa, India. It discusses the goals of transforming Orissa into an industrial state and attracting investment by leveraging the state's natural resources. It highlights challenges like the 1999 super cyclone and state budget constraints. The policy aims to create a business-friendly climate, promote priority sectors like mining and IT, expedite clearances through a single window system, and develop infrastructure through public-private partnerships. It defines key terms and outlines incentives for various project sizes.
The document outlines India's "Zero Defect Zero Effect" policy launched in 2014 to facilitate investment, innovation, skill development, intellectual property protection, and manufacturing infrastructure. The policy aims to enhance job creation, boost the economy, make India self-reliant, establish it as a manufacturing hub, and empower secondary and tertiary sectors. It simplifies processes like industrial licensing and environmental clearances and establishes a team to assist first-time investors. The policy also increases foreign direct investment limits in several sectors like defense, railways, and credit information to attract more investment. Key manufacturing sectors are identified and hurdles like unskilled labor, infrastructure, and land policy are acknowledged along with suggestions on overcoming them.
This document promotes Bintan Industrial Estate, a 270-hectare industrial park in Bintan, Indonesia located just an hour from Singapore by ferry. It offers ready-built factories, land parcels, infrastructure support, lifestyle and residential amenities to attract companies. Key industries promoted are halal and food processing, maritime, and aviation maintenance due to the planned airport and proximity to Singapore and global markets. The developers, Gallant Venture Ltd and PT Bintan Inti Industrial Estate, aim to develop Bintan into an economic hub through the industrial park.
PEZA is a Philippine government agency that promotes investments and provides incentives in export-oriented manufacturing and service facilities within special economic zones. It oversees economic zone developers and registered companies. PEZA's goal is to generate investments, exports, and jobs through a globally competitive and sustainable business environment. Eligible activities for PEZA registration and incentives include export manufacturing, IT service exports where 70% of revenues are foreign, tourism, logistics, and economic zone development. Fiscal incentives for registered IT enterprises include income tax holidays for 4-6 years, 5% tax on gross income thereafter, duty-free imports, VAT zero-rating, and local tax exemptions.
Company Profile Jan 2015 InternationalCraig Donald
This document provides information about ISIS Technical Services, a company that offers subsea inspection, corrosion prevention, and cathodic protection systems. It has offices located in Malaysia, the UK, Europe, and Singapore. The company aims to exceed client expectations by providing professional and efficient services such as subsea cathodic protection surveys, design and optimization of cathodic protection systems, and project support personnel. ISIS prides itself on its experienced team and track record of exceptional performance on hundreds of underwater structure inspection projects worldwide.
GRADE 10 INDUSTRIALIZATION AND ECONOMIC DEVELOPMENTJt Engay
Industrialization involves transforming raw materials into finished goods using machines. It is important for economic development as it provides employment, can adjust to consumer demands, and earns foreign currency from exports. The industrial sector has five main components: mining, manufacturing, construction, energy, and water. It faces challenges like skills gaps and environmental issues. Various government agencies promote trade and industry in the Philippines, including the Department of Trade and Industry, Board of Investments, and Philippine Economic Zone Authority. Agriculture and industry are vital as they provide livelihoods, food and raw materials, foreign trade earnings, technological development, and resource transfers.
The summary is as follows:
1. The Khalifa Industrial Zone Abu Dhabi (KIZAD) is a large industrial free zone that offers business facilities and solutions for various activities like manufacturing, logistics, trade, and distribution.
2. KIZAD aims to uphold the 2030 Economic Vision of the Emirates and promote sustainable development and economic competitiveness. It has expanded through developments like the new Khalifa Port Trade Zone.
3. KIZAD provides world-class infrastructure like transportation links by sea, road, rail, and air. It offers services lands, pre-built warehouses and offices, and supports business registration and licensing.
The document outlines India's "Zero Defect Zero Effect" policy launched in 2014 by Prime Minister Modi. The policy aims to boost investment, innovation, skills, intellectual property protection, and manufacturing infrastructure in order to enhance job creation, strengthen the economy, and make India a self-reliant manufacturing hub. It simplifies processes like environmental clearances and industrial licensing. Key initiatives include focusing on sectors like electronics, automobiles and food processing, and policies to increase foreign direct investment limits and promote national manufacturing and intellectual property protection. Challenges to the policy include unskilled workforce, limited resources, labor laws, infrastructure issues, and international competition. Overcoming these barriers involves expanding vocational training, reforming land acquisition, improving
Mohammad Alam is applying for a position utilizing his 20 years of experience in operation and maintenance of electrical systems, HVAC equipment, and other industrial machinery. He holds a diploma in electrical engineering and training in AutoCAD. His career includes roles maintaining equipment for garment factories, a government testing lab, and as an assistant engineer for a sports club in Qatar. Alam aims to take on a creative role committing his skills and advancing his career.
This ppt is related to the entreprenuership and small business enterprises.
It states the steps requires to start a small business enterprise and also the licences to be obtained for setting up the enterprise.
The document provides information about an online amendment class on the Industrial Enterprises Act, 2076 (2076 being the year according to the Nepali calendar). It includes details about the date and time of the class, the resource person, and an overview of some of the key aspects covered in the new act such as definitions, the process for industry registration and permission requirements for certain types of industries. It also summarizes some important points regarding environmental impact assessment requirements and precedents set in court cases related to industry compliance with environmental regulations.
The document provides information about an online amendment class on the Industrial Enterprises Act, 2076 (2076 being the year according to the Nepali calendar). It includes details about the date and time of the class, contact information for the resource person, and an overview of some of the key aspects of the new Industrial Enterprises Act and Regulation, such as definitions, the process for registering and obtaining permission for different types of industries, requirements for environmental impact assessments, and appeals processes for registration refusals.
TRADEQ MERCHANDISING was established to cater to the needs of industries like automotive, transportation, logistics, manufacturing, power, construction and mining by providing material motion equipment, spare parts and supplies. Its vision is to be a market leader and customer-oriented company in supplying these industries. Its mission is to provide good quality, reasonably priced merchandise and immediate deliveries, recommend new products, and contribute to the Philippine economy. The company imports and distributes various industrial tools, equipment, and supplies.
The document describes plans for the Mon Trésor Smart City development in Mauritius. It will include residential, commercial, educational and recreational facilities. Incentives are provided under Mauritius' Smart City Scheme including tax exemptions. The master developer, Omnicane Ltd., aims to attract foreign investment and talent. The development also includes a business park and freeport zone near the airport to establish Mauritius as a business and logistics hub.
The document describes plans for the Mon Trésor Smart City development in Mauritius. It will include residential, commercial, educational and recreational facilities. Incentives are provided under Mauritius' Smart City Scheme including tax exemptions. The master developer, Omnicane Ltd., aims to attract foreign investment and talent. The development also includes a business park and freeport zone near the airport to establish Mauritius as a business and logistics hub.
This document summarizes plans for the Mon Trésor Smart City development in Mauritius. The development will transform underutilized land into a mixed-use community featuring residential, commercial, educational and recreational spaces. It will benefit from tax incentives and proximity to the airport. The master developer, Omnicane Ltd., will oversee planning and construction according to international sustainability standards. A key component is a freeport zone for duty-free industrial and logistics operations with foreign investment. The development aims to strengthen Mauritius as a business and tourism destination in Africa.
The document describes plans for the Mon Trésor Smart City development in Mauritius. It will include residential, commercial, educational and recreational facilities. Incentives are provided under Mauritius' Smart City Scheme including tax exemptions. The master developer, Omnicane Ltd., aims to attract foreign investment and talent. The development also includes a business park and freeport zone near the airport to establish Mauritius as a business and logistics hub.
This document summarizes plans for the Mon Trésor Smart City development in Mauritius. The development will transform underutilized land into a mixed-use community featuring residential, commercial, educational and recreational spaces. It will benefit from tax incentives and proximity to the airport. The master developer, Omnicane Ltd., will oversee planning and construction according to international sustainability standards. Amenities will include hotels, business parks, beaches and nature areas to establish Mon Trésor as a premier location for living, working and leisure in Mauritius.
This document summarizes plans for the Mon Trésor Smart City development in Mauritius. The development will transform underutilized land into a mixed-use community featuring residential, commercial, educational and recreational spaces. It will benefit from tax incentives and proximity to the airport. The master developer, Omnicane Ltd., will oversee planning and construction according to international sustainability standards. Amenities will include hotels, business parks, beaches and nature areas to establish Mon Trésor as a premier location for living, working and leisure in Mauritius.
Similar to ENT300_Module06 - BUSINESS REGULATIONS AND SUPPORT.ppt (20)
[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This PowerPoint compilation offers a comprehensive overview of 20 leading innovation management frameworks and methodologies, selected for their broad applicability across various industries and organizational contexts. These frameworks are valuable resources for a wide range of users, including business professionals, educators, and consultants.
Each framework is presented with visually engaging diagrams and templates, ensuring the content is both informative and appealing. While this compilation is thorough, please note that the slides are intended as supplementary resources and may not be sufficient for standalone instructional purposes.
This compilation is ideal for anyone looking to enhance their understanding of innovation management and drive meaningful change within their organization. Whether you aim to improve product development processes, enhance customer experiences, or drive digital transformation, these frameworks offer valuable insights and tools to help you achieve your goals.
INCLUDED FRAMEWORKS/MODELS:
1. Stanford’s Design Thinking
2. IDEO’s Human-Centered Design
3. Strategyzer’s Business Model Innovation
4. Lean Startup Methodology
5. Agile Innovation Framework
6. Doblin’s Ten Types of Innovation
7. McKinsey’s Three Horizons of Growth
8. Customer Journey Map
9. Christensen’s Disruptive Innovation Theory
10. Blue Ocean Strategy
11. Strategyn’s Jobs-To-Be-Done (JTBD) Framework with Job Map
12. Design Sprint Framework
13. The Double Diamond
14. Lean Six Sigma DMAIC
15. TRIZ Problem-Solving Framework
16. Edward de Bono’s Six Thinking Hats
17. Stage-Gate Model
18. Toyota’s Six Steps of Kaizen
19. Microsoft’s Digital Transformation Framework
20. Design for Six Sigma (DFSS)
To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations
Discover timeless style with the 2022 Vintage Roman Numerals Men's Ring. Crafted from premium stainless steel, this 6mm wide ring embodies elegance and durability. Perfect as a gift, it seamlessly blends classic Roman numeral detailing with modern sophistication, making it an ideal accessory for any occasion.
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Top 10 Free Accounting and Bookkeeping Apps for Small BusinessesYourLegal Accounting
Maintaining a proper record of your money is important for any business whether it is small or large. It helps you stay one step ahead in the financial race and be aware of your earnings and any tax obligations.
However, managing finances without an entire accounting staff can be challenging for small businesses.
Accounting apps can help with that! They resemble your private money manager.
They organize all of your transactions automatically as soon as you link them to your corporate bank account. Additionally, they are compatible with your phone, allowing you to monitor your finances from anywhere. Cool, right?
Thus, we’ll be looking at several fantastic accounting apps in this blog that will help you develop your business and save time.
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...BBPMedia1
Nathalie zal delen hoe DEI en ESG een fundamentele rol kunnen spelen in je merkstrategie en je de juiste aansluiting kan creëren met je doelgroep. Door middel van voorbeelden en simpele handvatten toont ze hoe dit in jouw organisatie toegepast kan worden.
Digital Marketing with a Focus on Sustainabilitysssourabhsharma
Digital Marketing best practices including influencer marketing, content creators, and omnichannel marketing for Sustainable Brands at the Sustainable Cosmetics Summit 2024 in New York
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Profiles of Iconic Fashion Personalities.pdfTTop Threads
The fashion industry is dynamic and ever-changing, continuously sculpted by trailblazing visionaries who challenge norms and redefine beauty. This document delves into the profiles of some of the most iconic fashion personalities whose impact has left a lasting impression on the industry. From timeless designers to modern-day influencers, each individual has uniquely woven their thread into the rich fabric of fashion history, contributing to its ongoing evolution.
How are Lilac French Bulldogs Beauty Charming the World and Capturing Hearts....Lacey Max
“After being the most listed dog breed in the United States for 31
years in a row, the Labrador Retriever has dropped to second place
in the American Kennel Club's annual survey of the country's most
popular canines. The French Bulldog is the new top dog in the
United States as of 2022. The stylish puppy has ascended the
rankings in rapid time despite having health concerns and limited
color choices.”
The Steadfast and Reliable Bull: Taurus Zodiac Signmy Pandit
Explore the steadfast and reliable nature of the Taurus Zodiac Sign. Discover the personality traits, key dates, and horoscope insights that define the determined and practical Taurus, and learn how their grounded nature makes them the anchor of the zodiac.
The Most Inspiring Entrepreneurs to Follow in 2024.pdfthesiliconleaders
In a world where the potential of youth innovation remains vastly untouched, there emerges a guiding light in the form of Norm Goldstein, the Founder and CEO of EduNetwork Partners. His dedication to this cause has earned him recognition as a Congressional Leadership Award recipient.
[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This presentation is a curated compilation of PowerPoint diagrams and templates designed to illustrate 20 different digital transformation frameworks and models. These frameworks are based on recent industry trends and best practices, ensuring that the content remains relevant and up-to-date.
Key highlights include Microsoft's Digital Transformation Framework, which focuses on driving innovation and efficiency, and McKinsey's Ten Guiding Principles, which provide strategic insights for successful digital transformation. Additionally, Forrester's framework emphasizes enhancing customer experiences and modernizing IT infrastructure, while IDC's MaturityScape helps assess and develop organizational digital maturity. MIT's framework explores cutting-edge strategies for achieving digital success.
These materials are perfect for enhancing your business or classroom presentations, offering visual aids to supplement your insights. Please note that while comprehensive, these slides are intended as supplementary resources and may not be complete for standalone instructional purposes.
Frameworks/Models included:
Microsoft’s Digital Transformation Framework
McKinsey’s Ten Guiding Principles of Digital Transformation
Forrester’s Digital Transformation Framework
IDC’s Digital Transformation MaturityScape
MIT’s Digital Transformation Framework
Gartner’s Digital Transformation Framework
Accenture’s Digital Strategy & Enterprise Frameworks
Deloitte’s Digital Industrial Transformation Framework
Capgemini’s Digital Transformation Framework
PwC’s Digital Transformation Framework
Cisco’s Digital Transformation Framework
Cognizant’s Digital Transformation Framework
DXC Technology’s Digital Transformation Framework
The BCG Strategy Palette
McKinsey’s Digital Transformation Framework
Digital Transformation Compass
Four Levels of Digital Maturity
Design Thinking Framework
Business Model Canvas
Customer Journey Map
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...my Pandit
Explore the fascinating world of the Gemini Zodiac Sign. Discover the unique personality traits, key dates, and horoscope insights of Gemini individuals. Learn how their sociable, communicative nature and boundless curiosity make them the dynamic explorers of the zodiac. Dive into the duality of the Gemini sign and understand their intellectual and adventurous spirit.
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
ENT300_Module06 - BUSINESS REGULATIONS AND SUPPORT.ppt
1. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Chapter 6
BUSINESS REGULATIONS &
SUPPORT SYSTEM
Dr. Azizan Abdullah
Azlin Shafinaz Mohamad Arshad
Siti Zahrah Buyong
Zarina Abdul Munir
2. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Introduction
Business support system refers to the assistance
and services given by the government or private
agencies to help entrepreneurs to start a new
business or to develop an existing one.
There are a lot of business support system provided
to the entrepreneur in term of monetary and non
monetary facilities.
3. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Business Support System
Approval &
licensing
•Manufacturing
License
•No-Objection Letter
for the Location of
Projects
•Approval for Planning
Permission
•Approval for Building
Plan
•Approval for
Certificate of Fitness
for Occupation
•Approval for Business
Related Licences
•Approval for
Environmental
Control
•Approval for Safety
and Health
•Excise Licence and
Sales Tax Licence
Infrastructur
e Facilities
•Industrial
Estates
•FIZ
•LMW
•Electricity &
water supply
•Transportation
•Telecommunic
ation service
•MSC
Financial
Assistance
•Purpose
•Type
•Who provide financial
assistance
•Ministry
•Agencies –bank & non
bank
Employment
Policies &
Legislations
•EMPLOYMENT ACT
1955
•EMPLOYER PROVIDENT
FUND
•SOCIAL SECURITY
ORGANIZATION
•OCCUPATIONAL
SAFETY AND HEALTH
Manpower
Development &
Training Facilities
•NATIONAL
VACATIONAL
TRAINING COUNCIL
•MINISTRY OF HUMAN
RESOURCE
•HUMAN RESOURCE
DEVELOPMENT FUND
•MALAYSIA
PRODUCTIVITY FUND
•MALAYSIAN
ENTREPRENEURSHIP
DEVELOPMENT
CENTRE
•PERBADANAN
USAHAWAN NASIONAL
BERHAD
•MAJLIS AMANAH
RAKYAT
Other Business
Support System
•Marketing
•Technical
•Advisory
4. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Approval and Licensing
5. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Entrepreneur are required to have APPROVAL and
LICENSING from relevant government agencies in
setting up manufacturing businesses.
Manufacturing License
►The Malaysian Government under The Industrial
Coordination Act (ICA)1975 requires person(s)
engaging in any manufacturing activity to obtain a
license.
►This regulation only apply to the manufacturing
companies with shareholders’ fund of 2.5m and
above or engaging 75 or more full-time employees.
6. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
► Manufacturing activity is defined as the making,
altering, blending, ornamenting, finishing or any
other related activities.
► Applications of manufacturing license should be
made to Malaysian Industrial Development Authority
(MIDA).
7. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
No-Objection Letter for the Location of Projects
► No-objection letter from the respective State
Government is require for approval of the project
location.
► This letter needs to be submitted to MIDA for the
issuance of the manufacturing license.
8. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Approval for Planning Permission
► Application for planning permission is require under
Town and Country Planning Act, 1976 (Act 1972).
► Planning permission need for a development and use of
all lands and building.
► Planning permission should be made to the local
authority such as City Council of Shah Alam (MBSA),
Municipal Council of Kota Star (MPKS) etc.
Approval for Building Plan
► The Street, Drainage and Building Act 1974 (Act 133)
require construction of buildings can only be undertaken
with the written approval for the local authority.
9. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
► Every plan, drawing or calculation in which related to
The building must be submitted by qualified person
such as architect, draughtsman or engineer.
Approval for Certificate of Fitness for Occupation
► All completed building need to be certified as being fit
for occupation by the local authority.
► This requirement has been spell out under the Uniform
Building by Laws 1984.
10. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Approval for Business Related Licences
► The licences related to factory premises, advertising
signage, storage and canteen.
► This licences should be apply through the local
authority.
Approval for Environmental Control
► Environment Quality Act, 1974 requires the
manufacturers to control industrial activities that may
result in a new source of effluent or discharge.
11. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
►The installation of incinerator, fuel burning equipment
and chimney also need approval.
►The environmental control and approval are under the
responsibility of Department of Environment.
Approval for Safety and Health
►Factories and Machinery Act 1967 require
manufacturers to obtain design approval of certificate
machinery and certificate of fitness.
►The application of approval should be send to
Department of Occupational Safety and Health.
12. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Excise Licence and Sales Tax Licence
► Excise duties are require for a factory that
manufactured goods which prescribe under Excise
Act, 1976.
► Excise licence also need for products under this
category and should be obtained from Royal Customs
Malaysia.
► Customs Department will levied a sales tax on
imported and locally manufactured goods.
► A sales tax licence should be apply under Sales Tax
Act, 1972
13. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Infrastructure Facilities
14. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Industrial Estates
► Industrial estates has been developed by State
Economic Development Corporations (SEDCs),
Regional Development Authorities (RDAs), port
authorities and municipalities.
► Currently there were over 200 industrial estates were
developed by those agencies and the new ones are
continuously planned to meet the demand of
industrial land.
15. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Free Industrial Zones (FIZs)
► Established for manufacturing companies that produce
or assemble products mainly for export purposes.
► The manufacturing companies in FIZs enjoy minimal
customs formalities and duty free import of raw
materials, component parts, machinery and equipment.
► They also have a minimal formalities for export their
finished products.
16. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Licensed Manufacturing Warehouses (LMWs)
► The purpose of LMWs is to encourage the dispersal of
industries and to enable companies to enjoy FIZ
facilities in areas where it is neither practical nor
desirable to establish FIZs.
► In order to get an approval for LMWs the companies
should have at least 80% of their production meant for
export and raw materials or components are mainly
imported.
17. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Electricity and Water Supply
► Electricity for Peninsular Malaysia supply by Tenaga
Nasional Berhad (TNB) while for Sabah and Sarawak
are Sabah Electricity Sdn. Bhd. (SESB) and Sarawak
Supply Corporation (SESCO) respectively.
► In term of water, it has been treated according to the
World Health Organisation (WHO) standards for
drinking and supply by state water department and
water supply companies.
► Water costs are low and vary from state to state.
18. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Telecommunication Services
► Provided by Telekom Malaysia Berhad and other
network service providers.
► There are six internet service providers which include
TMNet, Jaring and MAXIS Net whose help the
government to promote information based industry.
► Malaysia’s also entry into space age communication
through the launching of MEASAT-1 and 2 and Tiungsat-
1 in 1996 and 2000 respectively.
19. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Sea Ports, Cargo Transportation, Highway and
Railway Services
► Sea ports has modern facilities and equipment to
facilitates full range of cargo handling.
► Cargo transportation provide comprehensive
containerised cargo transportation services.
► The Malaysian Highway Authority provided latest
design of expressways which link to all major
townships and potential development area.
► Railway services operates by Keretapi Tanah Melayu
(KTM) with the capacity to transport goods ranging
from grain to machinery.
20. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Multimedia Super Corridor (MSC)
► MSC was established with the aims to revolutionise
how Malaysians and others in the region conduct
commerce in the digital age.
► MSC governed by groundbreaking Cyberlaws,
policies and practices that enable operating
companies to harness the full potential of
Information Communications Technology and
Multimedia.
► The ultimate aim of MSC is to attract multimedia
companies locally and internationally to become
world class over time.
21. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Financial Assistance
22. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Financial Assistance for Entrepreneurs
FINANCING is needed by
entrepreneur for sustainability and
development of business.
23. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Purposes of Financing
1. Strengthening skills of workforce
2. Entrepreneur development
3. Marketing & Promotion
4. Product Development & Quality accreditation
5. Technology development
6. Debt restructuring
7. General
24. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Types of Financing
1. Soft Loan
2. Grants
3. Equity Financing
4. Venture Capital
5. Guarantee Scheme
6. Tax Incentives
25. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Who Provide the Financial
Assistance?
Two main providers for financial assistance are
ministry and agencies.
Ministry
1. Ministry of Entrepreneur and Co-operative
Development (MECD)
2. Ministry of Science, Technology and
Innovation (MOSTI)
Agencies
26 agencies
26. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Ministry of Entrepreneur and Co-
operative Development (MECD)
Financing Scheme under MECD:
1. ASEAN -Japan Development Fund
2. Equity Financing
3. Franchise Development
4. Skim Pembiayaan Pusat Negeri (SPPN)
27. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Ministry of Science, Technology
and Innovation (MOSTI)
Financing Scheme under MOSTI:
Enterprise Innovation Fund(EIF)
Objective :
To increase the participation of SMEs, micro
businesses and individual/sole-proprietors in
innovative activities through the development of
new or improved products, processes or services
with element of innovation for commercialisation.
28. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Ministry of Science, Technology
and Innovation (MOSTI)
Enterprise Innovation Fund(EIF)
Eligibility Criteria
Malaysian business enterprises or
individual with project or product
proposal that has elements of
technological innovation for
commercialisation
29. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Financial Assistance from
Government Agencies
There are twenty six (26) agencies that provide financial
assistance for entrepreneur. Examples are :
1. Banks such as Bank Kerjasama Rakyat Malaysia
Berhad, Bank Negara Malaysia, Bank Perusahaan
Kecil & Sederhana Berhad, and Bank Pertanian
Malaysia Berhad (now known as AgroBank).
2. Non-banks such as Perbadanan Nasional Berhad,
Small and Medium Industries Development
Corporation, Multimedia Development Corporation.
30. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Bank Kerjasama Rakyat Malaysia Berhad
Youth Business Scheme
Objective
To assist youth to venture into business on full time basis.
Eligibility Criteria
Individual Malaysian citizen aged between 18-40 years old
Must register online as an applicant through the Portal of ‘Majlis
Penggalakan Ekonomi Belia (MPEB)’ - www.mpeb.gov.my
Pass the screening test conducted by Ministry of Youth and Sport
No adverse record with financial institutions
Purpose of Financing
Expansion in productive capacity
Working capital
31. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Bank Negara Malaysia
New Entrepreneurs Fund 2
Objective
To promote the growth of small and medium-sized Bumiputera
enterprises by ensuring that they have access to financing at
reasonable cost.
Eligibility Criteria
Business enterprise based on the definition of SMEs [Link]
www.smeinfo.com.my
Maximum shareholders' funds not exceeding RM2 million;
Shareholding by Public Listed Companies or Government-Link
Companies (if any) should not exceed 20%;
Purpose of Financing
Expansion in productive capacity
32. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
SME Bank
Graduate Entrepreneurs Fund
Objective
To encourage graduates to participate and venture into businesses in the
selected industry.
Eligibility Criteria
Graduate holds majority equity in a company registered with the Companies
Commission of Malaysia under the Companies Act 1965
Has a diploma/degree/doctorate qualification
Must be below 40 years old and has successfully completed training
programmers, placement and practical training under the Ministry of
Entrepreneur and Co-operative Development (MECD) or its agencies
Purpose of Financing
Working capital
Financing fixed assets or both
33. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Agro Bank Malaysia
Agriculture Entrepreneurs Scheme for Graduates
Objective
To encourage graduate to embark in the commercial agriculture
sector as an alternative career development.
Eligibility criteria
Unemployed graduates with keen interest to develop a full time
career in agriculture sector
Purpose of financing
Working capital and expansion in productive capacity e.g.
purchase of fixed asset
34. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Perbadanan Nasional Berhad
Youth Franchise
Objective
To encourage Bumiputera youth to venture into franchise business by
providing start-up financing
Eligibility Criteria
- A wholly-owned Bumiputera private limited company
- Bumiputera age between 21 to 40 years old
- Contribute at least 10% of the total project cost
Application Procedure
Application to be submitted to PNS
35. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Perbadanan Usahawan Nasional Berhad
(PUNB)
A. Bumiputera Entrepreneurs Retail Project Fund
(PROSPER)
Objective
To enhance and upgrade Bumiputera entrepreneurs' participation in the
retail business.
Eligibility Criteria
1. Entrepreneur
- Bumiputera above 18 years old
- Possess the necessary entrepreneurial skills.
2. Business
- Retail business wholly owned by Bumiputera.
- Viable project costing not exceeding RM 1 million.
36. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
B. PROSPER Siswazah Entrepreneurial Scheme
Objective
To assist Bumiputera graduates to embark or venture into retail and
distribution business industry through the systematic and structured
PUNB's programmes
Eligibility Criteria
1. Young Bumiputera Graduate
- Less than 30 years old with at least diploma qualification from
institution recognised by the government.;
- Able to source own capital amounting RM500 for each project
2. Businesses
- Wholly-owned and managed by Bumiputera ;
- New business or business at the stage of expansion
Perbadanan Usahawan Nasional
Berhad (PUNB)
37. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Small and Medium Industries
Development Corporation
Matching Grant for Business Start-ups
Objective
- To provide assistance in the form of matching grant to start
up a business in the following sectors:
- Manufacturing and Manufacturing related services; and
- Services (excluding insurance and financial services)
Eligibility criteria
- Business enterprise based on the definition of SMEs.
- At least 60% of equity are held by Malaysian and
- Possess valid premise license
38. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Multimedia Development Corporation
MSC Malaysia Research and Development Grant Scheme
(MGS)
Objective
To provide reimbursable R&D grant to assist Multimedia Super Corridor
(MSC) Malaysia-Status Companies to develop innovative multimedia
technologies and applications.
Eligibility Criteria
Possess a valid MSC Malaysia-status certification
Malaysian shareholding of at least 51%
Past or current recipients of any Government R&D grant are NOT eligible
under the scheme
Purpose of Financing
To provide financing for research and development projects for the
development of new products and services across the multimedia value
chain and Flagship Applications
39. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Employment Policies
&
Legislations
40. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
EMPLOYMENT POLICIES
& LEGISLATION
1. EMPLOYMENT ACT 1955
2. EMPLOYER PROVIDENT FUND
3. SOCIAL SECURITY ORGANIZATION
4. OCCUPATIONAL SAFETY AND HEALTH
41. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
1. EMPLOYMENT ACT 1955
• Stipulates the minimum conditions of employment such
as Besides, the Act is to provide minimum standards on
working hours and overtime, weekly rest day, public
holidays, annual and sick leaves, maternity benefits,
termination and lay off benefits etc
• Applies to all employees in Peninsular Malaysia and the
Federal Territory of Labuan whose monthly wages do not
exceed RM1,500 and all manual workers irrespective of
their wages.
• Employees who earn between RM1,500 to RM5,000 a
month can still seek redress from the Labor Department
with regard to wages and any other payments in cash as
stipulated in their contract of service.
42. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
2. Employer Provident Fund
• A social security institution formed according to the Laws
of Malaysia, Employees Provident Fund Act 1991 (Act
452) which provides retirement benefits for members
through management of their savings in an efficient and
reliable manner.
• All employers must register their employees with EPF
immediately upon employment.
• Provides a convenient framework for employers to meet
their statutory and moral obligations to their employees.
43. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
• The Act stipulates a compulsory contribution for employees. A
contribution constitutes the amount of money credited to
members' individual accounts in the EPF. The amount is
calculated based on the monthly wages of an employee. The
current rate of contribution is 23% of the employee's wages of
which 11% is from the employee's monthly wage while 12% is
contributed by the employer.
• Under this Act, all employers and employees except foreign
workers, expatriates and those who are listed under the First
Schedule must contribute to the Employees provident Fund
(EPF). However, they can choose to contribute at the rate of
RM5.00 (employer’s share) per employee per month and 11% of
monthly wages by the employee.
Cont’d.….Employer Provident Fund
44. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
3. SOCIAL SECURITY ORGANIZATION
• Administers the Employment Injury Insurance Scheme
and Invalidity Pension Scheme provided under the
Employees’ Social Security Act 1969.
• The scheme is compulsory and employer must cover all
employees under SOCSO even if they are covered under
other insurance policies.
• A monthly contribution must be made for each eligible
employee according to rates specified under the Act
(about 2.5% of basic employee’s salary).
• Covers only Malaysian workers and permanent
residents. All establishments, including factories,
employing workers earning wages not exceeding
RM2,000 a month.
45. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
4. OCCUPATIONAL SAFETY AND HEALTH
• The Department of Occupational Safety and Health (DOSH) is
a department under the Ministry of Human Resources. The
Department of Occupational Safety and Health (DOSH) is
responsible for enforcing compliance of the law with OSHA
1994. DOSH also enforces compliance with the Factories and
Machinery Act 1967.
• The OSHA 1994 provides legislative framework to promote,
stimulate and encourage high standards of safety and health
at work. The aim is to promote safety and health awareness,
establish effective safety organization and performance
through self-regulation schemes designed to suit the
particular industry or organization. This Act also defines the
responsibilities of employers, manufacturer, employees, self-
employed workers, designers, importers and vendors.
46. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Cont’d… OCCUPATIONAL SAFETY AND HEALTH
• As for Factories and Machinery Act 1967, it provide for
the control of factories on matters relating to the safety,
health and welfare of persons, and the registration and
inspection of machinery. Some high risk machinery must
be certified and inspected by DOSH. All factories and
general machinery must be registered with DOSH for the
purpose of registration before they can be installed and
operated in Malaysia.
47. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Manpower
Development & Training
Facilities
48. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
MANPOWER DEVELOPMENT
& TRAINING FACILITIES
1. NATIONAL VOCATIONAL TRAINING COUNCIL
2. MINISTRY OF HUMAN RESOURCE
3. HUMAN RESOURCE DEVELOPMENT FUND
4. MALAYSIA PRODUCTIVITY FUND
5. MALAYSIAN ENTREPRENEURSHIP DEVELOPMENT
CENTRE
6. PERBADANAN USAHAWAN NASIONAL BERHAD
7. MAJLIS AMANAH RAKYAT
49. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
1. NATIONAL VOCATIONAL TRAINING
COUNCIL
• The Department of Skills Development, formerly known
as The National Vocational Training Council, is one of
the agencies under the Human Resource Ministry,
responsible for the co-ordination and control of skills
training as well as career development in skills training.
in line with the implementation of the National Skills
Development Act, 652 (2006) on September 1, 2006.
50. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
• The objective is to generate and coordinate the development of skilled
workforce by:
Developing Competency Standard, of a developed country level,
for skilled workforce,
Recognising the competency and skills of workforce and industry
experts, and
Coordinating skills training systems and Malaysia Skills Certificate
systems.
Function of this council is to :
Assess training requirements,
Develop, approve and revise the National Skills Standard,
Implement the national training certification programmes,
Promote skills training systems,
Assist and enhance skills proficiency of individuals, and
Guide learning/research programmes related to skills training.
Cont’d… National Vocational Training Council
51. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
2. MINISTRY OF HUMAN RESOURCE
• Currently runs 14 industrial training institutes (ITIs) which
offer industrial skills training programme at basic,
intermediate and advanced levels for pre-employment or
job entry level. These include apprenticeships in
mechanical, electrical, building and printing trades as
well as programme to upgrade skills and to train
instructors.
• The Ministry also operates the Centre for Instructors and
Advanced Skills Training (CIAST), Industrial Training
Institute Japan-Malaysia Technical Institute (JMTI) and
Advanced Technology Centers (ADTEC).
52. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
3. HUMAN RESOURCE DEVELOPMENT FUND
• Aimed at encouraging direct private sector participation
in skills development was launched in 1993 with a grant
from government.
• Functions of HRDF are :
to assess and determine the types and extent of
employee training and retraining in keeping with the
human resources need of industries
to promote and stimulate manpower training
to determine the terms and conditions under which
any financial assistance or other benefits are to be
given
53. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
(i)
Companies that employ 50 or more Malaysian
workers
1% of employees’
monthly wages
(ii)
Companies that employ less than 50 to a
minimum of 10 employees, with a paid up
capital of RM2.5 million or more
1% of employees’
monthly wages
(iii)
Companies that employ less than 50 to a
minimum of 10 of employees, with a paid-up
capital of less than RM 2.5 million
(Note : For this category, the Government contributes
RM2.00 for every RM1.00 spent.)
Option of registering
with the HRDF and
paying a levy of 0.5%
of the employees’
monthly wages
Contribution Guidelines for Employers:
54. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
4. MALAYSIA PRODUCTIVITY CORPORATION
• Formally known as the National Productivity Corporation was
established in 1962 as a joint project between the United Nations
Special Fund and the Federal Government, with the International
Labor Organization acting as its executing agency.
• Function of PMC are :
To generate local expertise in the field of productivity, quality,
management and entrepreneurship;
To enhance the development of human resource both at the
supervisory and management levels in the country;
To assess and certify supervisory and management training
programmes, entrepreneurship programmes and productivity
and quality management programmes conducted by the
private sector for the public;
To conduct training or other programmes relating to
productivity, quality, management and entrepreneurship;
55. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
5. Malaysian Entrepreneurship Development
Centre (MEDEC)
• Established within MARA University of Technology (UiTM) in
1975.
• The mission was to facilitate the growth of Bumiputera
entrepreneurs in Malaysia.
• Specifically, it was set up for the purpose of planning and
implementing entrepreneurship development programs such
as training, education, research and consultancy.
• Activities and Programmes offered are :
Entrepreneur Development Program
Entrepreneur Development Program for Civil Service
Entrepreneur development program for Corporate and
Government Agencies
56. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
6. Perbadanan Usahawan Nasional Berhad
• Focus is on developing Bumiputera entrepreneurs in
strategic and high potential businesses and also to
provide opportunities to Bumiputera entrepreneurs to
achieve business success; through the provision of
financial and corporate support.
• Business operations are focused on providing integrated
entrepreneur development packages to assist
Bumiputera entrepreneurs in Retail and Small and
Medium sized Enterprise (SME) sectors. These
development packages are designed to help Bumiputera
entrepreneurs develop business acumen, maintain a
profitable venture, and shape their enterprise; par
excellence.
57. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
7. Majis Amanah Rakyat
• Incorporated as a statutory body on March 1, 1966 under an Act
Of Parliament, No. 20, 1966.
• Entrusted with the responsibility to promote, stimulate, facilitate
and undertake economic and social development of the people
particularly in the rural areas thereof.
• It is also to encourage, guide, train and assist Bumiputera to
enable them to participate actively and progressively in small
and medium scale commercial and industrial enterprises
towards creating a strong and viable Bumiputera Commercial
and Industrial Community (MPPB).
• In order to create, increase and improve the level of Bumiputera
entrepreneurship and business, MARA have provided activities
such as in entrepreneurship, manufacturing incubator,
consultancy service, marketing promotion and technopreneur
programme.
58. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Other Business
Support System
59. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Other Support Facilities in Malaysia
Entrepreneur
Technical Marketing Advisory
Assistance Services Assistance
60. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Technical Assistance
Malaysian Agricultural Research and
Development Institute (MARDI)
The main objective of MARDI is to develop
indigenous science and technology capabilities in
support of the development and modernization of
the national food and agriculture sector.
61. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Malaysian Palm Oil Board (MPOB)
The Malaysian Palm Oil Board (MPOB) is the premier
government agency that is responsible for promoting,
developing and advancing the country’s palm oil
industry. It is also responsible for providing scientific and
technological leadership to support the development of
the palm oil industry.
62. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Fisheries Research Institute (FRI)
The Fisheries Research Institute (FRI)
conducts studies in various fields of aquatic
organism such as fish, mollusk and shrimp.
63. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
MIMOS Berhad
MIMOS Berhad is a technology R&D organization
that functions as an advisor to the Malaysian
government on technologies, policies and strategies
relating technology development.
64. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
SIRIM Berhad
SIRIM Berhad, a government-owned company, is a
leader in industrial research and development. Its role is
to spearhead industrial research and development and
to pioneer standardization activities and the provision of
technical and consultancy services aimed at enhancing
the competitiveness of Malaysian industries.
65. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Marketing Assistance
The purpose of marketing assistance is to help
entrepreneurs distribute and market their products locally
and internationally. There are a number of agencies
involved such as MITI, MATRADE, FAMA and GUTHRIE.
66. ENT/ETR300 – FUNDAMENTALS OF ENTREPRENEURSHIP
BUSINESS REGULATIONS & SUPPORT SYSTEM
Advisory Services
Advisory services are very important for entrepreneurs in
managing their business. There are many agencies
providing these services with certain charges depending
on the area and scope of the services. However, rebate
or tax reduction is given to certain services acquired
under the training scheme recognized by the Ministry of
Human Resources.