Mapping Malaysia's Resource Centres

164 MAPPING MALAYSIA’S RESOURCE CENTRES SME CORPORATION MALAYSIA (SME CORP) Introduction SME Corporation Malaysia (SME Corp. Malaysia) is the central coordinating agency (CCA) responsible for overseeing the overall development of Small and Medium Enterprises (SMEs) in Malaysia through policy formulation and strategic implementation. SME Corp. Malaysia was gazetted as an agency under the Ministry of Entrepreneur Development Malaysia (MED) in November 2018. As an apex institution, SME Corp. Malaysia acts as a central point of reference for research, data, programmes and advisory services related to and for the SMEs. Apart from monitoring and coordinating the implementation of various SME programmes involving 17 Ministries and more than 60 Agencies, SME Corp. Malaysia also assumes the role of Secretariat to the National Entrepreneur and SME Development Council (NESDC). Areas of Expertise 1. SME Development Institutional Framework i. Develop institutional framework on SME development, and ii. Policy development for SMEs. 2. Coordination of Policies and Programmes i. Coordinate, monitor and evaluate effective implementation of policies and programmes across relevant Ministries and Agencies. 3. Centre for Advisory and Information i. Provide business advisory through the SME Hub; ii. Disseminate information on Government funds and incentives; iii. Garner feedback on SME issues; and iv. Liaise with domestic and international communities on SME matters. 4. Data Management and Dissemination of Information & Research on SMEs i. Develop and manage national SME database; ii. Undertake research on SMEs; iii. Publish SME-related reports and statistics; and iv. Undertake outreach programmes. 5. Business Support i. Nurture and develop competitive SMEs through specific capacity building programmes and financial assistance; ii. Enhance competitiveness of SMEs using the SME Competitiveness Rating for Enhancement (SCORE) diagnostic tool; iii. Provide infrastructure support for SMEs; and iv. Facilitate linkages with large companies, MNCs and GLCs. 6. Secretariat to the National Entrepreneur and SME Development Council (NESDC) i. Propose policies and ensure decisions of the NESDC are effectively implemented; and ii. Provide administrative support to the NESDC S M E D E V E L O P M E N T