SMALL- and medium-scale industries (SMIs) nominated for the SMI Recognition Awards 2003 may be candidates for investment funds by venture capitalists keen to invest in robust and promising SMI companies, SMI Association of Malaysia National president Looi Teong Chye said.
Several local and foreign venture capitalists are on the lookout for potential candidates for their investment portfolios. In particular, they are looking into those emerging SMIs with sound record and good growth potential, he said in a statement yesterday.