Pikom applauds 10MP financing scheme for SMEs

PETALING JAYA: Pikom is pleased with the financing scheme for small and medium enterprises (SMEs) that was announced under the 10th Malaysia Plan today.

The Association of the Computer and Multimedia Industry of Malaysia said the scheme dovetails nicely with its own programme to boost ICT (information and communications techology) awareness among SMEs in the country.

Pikom president Shaifu Bahrin Saleh said the scheme would help cash-strapped SMEs afford investments into the technology that will help them be more efficient and grow their business globally.

“SMEs will be able to use the funds for solutions that can help them be better at enterprise resource planning and customer relationship management,” he said. “Or they can even “rent” these solutions via cloud computing, which will enable them to save cost.”

“We have started a six-month programme to boost ICT awareness among the SMEs,” Shaifu said. The programme involves a series of one-day seminars, called SME Business Success with ICT, held nationwide.

By Pikom’s count, there are about 900,000 SMEs in the country.

The Prime Minister announced today that SMEs will have better access to financing facilities under the 10th Malaysia Plan. The initiative, established as Working Capital Guarantee Scheme, has earmarked RM7bil for the purpose.

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