SMIDECSmall and Medium Industries Development Corporation
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SMIDEC, in its 2005 Annual Report, revealed that "the number of approvals for grants and soft loans in 2005 increased by 48.
SMIDEC has appointed 22 training providers to undertake technical skills for SMEs, including skills development centers (SDCs) in Sarawak, Johor, Penang, Terengganu, Pahang, Kedah, Perak, Selangor, Negeri Sembilan, Malacca and Sabah.
In 2006, a total of 1,447 SME employees attended various skills development training programs implemented by the 22 SDCs appointed by SMIDEC under the Skills Upgrading Program.
To encourage technology spillovers and to speed up industrial deepening in Malaysia, SMIDEC launched Industrial Linkage Program (ILP), which fosters partnership between SMEs and large-scale industries (LSIs).
In 2008, SMIDEC has taken over the role of the National SME Development Council (NSDC) Secretariat from Bank Negara Malaysia to coordinate the policy formulation and SME development programmes.
On 1st September 2009, SME Corp was established as a rebranded version of SMIDEC.
A87) and SMIDEC (2008) Table 3: Problems of Malaysian SMEs No.
MITI, MECD, MOSTI, MOHR, MOHE, MIDA, SMIDEC, NPC, MATRADE, MTDC, MDeC, SME Bank, and Bank Negara Malaysia), and primary data gathered through personal interviews with key government personnel, businessmen, and academics during the author's four-and-a-half month research fellowship in Malaysia, which was sponsored by the Nippon Foundation's Asian Public Intellectuals (API) Fellowship Program.
Source: SMIDEC Policies, Incentives, Programmes and Financial Assistance for SMEs, summarized by author Table 3: Summary of approved grants for SMEs Name of grant / fund No.
Macola Software was selected for inclusion in the SMIDEC program based upon its Progression Series' Enterprise Resource Planning solution as well as its capability to provide technical support and training for participating companies.