SME Corporation Malaysia (SME Corp) has announced a strategic collaboration with the Selangor Human Resource Development Centre (SHRD), aimed at embedding innovation as a fundamental growth strategy for small and medium enterprises (SMEs) across Malaysia.
According to a statement released by SME Corp, the initiative commenced with the first in a series of three innovation seminars under the theme “Future-Ready SMEs: The Power of Innovation.” The seminar engaged over 70 SMEs from diverse sectors, equipping participants with the tools and insights necessary to implement innovation-led strategies designed to improve productivity, enhance competitiveness and strengthen readiness for global market expansion.
This initiative forms part of SME Corp’s broader strategic direction under the 13th Malaysia Plan (13MP), which seeks to support the transformation of domestic SMEs from small-scale operations into medium-sized enterprises with stronger international market presence.
Chief Executive Officer of SME Corp, Rizal Nainy, emphasised the importance of timing in delivering innovation-focused programmes, stating that such initiatives are essential to building resilience and long-term competitiveness among Malaysian SMEs.
“By fostering innovation among SMEs, we aim to amplify their contribution to national productivity and enable sustainable growth amid an increasingly competitive global landscape,” he said.
SME Corp confirmed that the subsequent two seminar sessions are scheduled to take place in Kuala Lumpur in July and August. These sessions will be held on an invitation-only basis for selected SMEs. Additional details are available via the agency’s official website at www.smecorp.gov.my.
-Bernama
