KUALA LUMPUR: Aspiring small and medium enterprises in Malaysia will be supported via the Creative Product Development Programme, a collaborative effort between the Malaysian Investment Development Authority (Mida) and industry players PhisonTech Electronics (M) Sdn Bhd, Pensonic Holdings Bhd, Fusionwave Fusionwave Creative Consultancy Sdn Bhd and EMTEC Inc.
The programme aims to tackle longstanding local industry issues such as designers' lack of understanding of market trends and capabilities; insufficient financial resources and expertise; an unreliable supply chain and limited market access.