Development Programme for New Exporters
- Category: Services for Exporters
MATRADE’s Bumiputera Exporters Development Programme (BEDP) and Women Exporters Development Programme (WEDP) are export assistance programmes designed for small and medium-sized Bumiputera and women-owned businesses that are new to, or have limited experience in exporting. These programmes help SMEs develop the necessary skills and knowledge to penetrate and further expand their export markets.
Designed and managed by MATRADE, these programmes give participants the best possible start to exporting by providing valuable advice, information and assistance in selected overseas markets. Under these programmes participants are expected to complete a 3-year programme that will expose them in export promotional activities, trainings, seminars and visitation programmes in enhancing their capability and knowledge to become sustainable exporters.
Eligibility Criteria
BEDP and WEDP were designed specifically for new and irregular exporters with limited experience who are capable and willing to develop the skills needed to become a sustainable exporter. Due to overwhelming responses from Bumiputera and women owned businesses in joining these programmes, participations are based on invitation basis and limited to 12 businesses per intake per year for each programme. Selection into the programme is based on merit and consensus by the New Exporters Development Unit Committee members.
To be eligible for these programmes your business should be:
- A Sendirian Berhad (SDN BHD) company with at least 51% equities of the company owned by Bumiputera entity and has a valid Malaysian Company Registration Number with Suruhanjaya Syarikat Malaysia (SSM). Preference will be given to 100% owned Bumiputera Company. (For Bumiputera Exporter Development Programme).
- A Sendirian Berhad (SDN BHD) company with at least 51% equities of the company owned by Malaysian women entity and has a valid Malaysian Company Registration Number with Suruhanjaya Syarikat Malaysia (SSM). Preference will be given to 100% Malaysian owned company. (For Women Exporter Development Programme).
- Able to provide Ministry of Finance Bumiputera registration forms (For Bumiputera Exporter Programme).
- Able to provide EPF statement, form 24 and 49.
- In business for at least 4 years and have some experience in both domestic and export markets.
- Malaysia as its main place of business and not as their marketing office or representative office.
- Never previously been signed on to MATRADE Trade Outreach Programme (MTOP) or Women Trade Outreach Programme (WTOP) either directly or indirectly through their stake holders.
- In total control of production, operation and marketing of products or services offered. Export agents / brokers, traders or OBM and OEM suppliers will not be considered.
- In sound financial status with healthy cash flow and able to provide audited financial account for the last 3 financial years.
In addition, your business must be export-ready and have:
- A product or service with clear export potential.
- Management commitment to becoming an exporter and developing the export side of the business, including a willingness to visit the market if appropriate.
- A team of at least 2 personnel from company whom will dedicate their time and resources in ensuring the success of this programme.
- An understanding that the company will need to participate in compulsory training courses before participating in any export promotional activities.
- Marketing materials, such as a packaging, website or brochure, with an understanding that materials specific to the international market may need to be developed.
- The capacity to build supply capability and able to cater for export demand.
- An export market plan strategy with three (3) years forward planning for MATRADE assessment.
Benefits Under These Programmes
Participants under these programmes will be supervised by one of the officers of the New Exporters Development Unit and are entitled to receive the following services:
- Assistance in the form of selecting an export market/s.
- Entitlement to participate up to three (3) Export Promotional Activities per year for 3-year programme period. Export Promotional activities comprise participation in International Trade Exhibition, Specialised Selling Mission, Trade and Investment Mission and Individual Business Mission.
- Free participation in any MATRADE’s organised seminars at MATRADE headquarters.
- Free participation in field trips and visitation programmes to selected private and government sectors related to companies business.
- 12 months fees waiver for exhibiting products at MATRADE’s MEEC
Responsibilities Of Participants
Participants are required to:
- Commit resources and reasonable management time to the programme.
- Participate and provide full co-operation in any market research organised by MATRADE.
- Accountable to action directly or indirectly taken by company personnel that affect the programme.
- Abide to regulation and rules as stipulated in terms and condition of the programme.
- Be aware that the entitlements to participate in Export Promotional Activities are subjected to MATRADE approval and their entitlement is up to 3 events per year (non-exclusive basis) for 3-year programme. If company fails to utilise their entitlement for the year then it will be forfeited.
- Be aware that MATRADE have the rights to terminate or suspend any participants which fail to perform or co-operate during the duration of the programme without explanation.
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Enquiries
For further enquiries, please contact:
Address :
New Exporters Development Unit
Level 9, Menara MATRADE,
Jalan Sultan Haji Ahmad Shah,
50480 Kuala Lumpur
Tel : 03-6207 7077
Fax : 03-6203 7251