CIMB Foundation in partnership with Malaysia Digital Economy Corporation (MDEC) and knowledge partner, Cheng & Co recently launched CIMB Shine – Empowering SMEs, a platform for start-ups, entrepreneurs and SMEs to equip them with the right knowledge in finance, 4IR and e-commerce.
SMEs that fully embrace the new Fourth Industrial Revolution (4IR) know-how are the ones that can capitalise on opportunities in the global e-commerce market, currently valued in excess of US$23 trillion. To bring these points to life, CIMB Shine’s gamified, interactive curriculum was specially curated to provide SMEs with deeper insights on, among others, e-commerce opportunities, and ensuring successful financing and business management for growth.
Datuk Hamidah Naziadin, CEO of CIMB Foundation, commented, “SMEs are the backbone of Malaysia’s economy, contributing 37 percent to Malaysia’s gross domestic product (GDP). Knowledge and innovation are key factors to empower SMEs to grow their business in today’s highly digitised and mobile-driven marketplace.
“With CIMB Shine, we hope to reach out and help SMEs to further strengthen their capabilities to remain competitive and resilient in the gig economy. We are indeed encouraged by the enthusiastic response to the inaugural programme in Kuala Lumpur and we look forward to bringing CIMB Shine to more locations nationwide.”