KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) has extended the application deadline for its 12-month capacity-building program, Iltizam Catalyst 2024, to Aug 31, 2024.
In a statement, Ekuinas announced that small and medium enterprises (SMEs) now have an extended opportunity to apply for Iltizam Catalyst 2024.
This comprehensive 12-month capacity-building program is designed by Ekuinas to help SMEs address common challenges, strengthen key business areas, and accelerate growth.
“Leveraging on our experience in private equity and aggressive value creation for our portfolio companies, Ekuinas understands key pain points commonly faced by SMEs and the fundamental business areas which pave the foundation for success.
“Iltizam Catalyst aims to empower, strengthen and accelerate Bumiputera businesses by addressing these common issues faced by SMEs and strengthen business fundamentals in four core areas,” director of stakeholders’ interest Hizwani Hassan said.
“Since its inception in 2022, Iltizam Catalyst has accelerated the growth of 38 Bumiputera SMEs across diverse sectors. We are calling for more SMEs especially those with unique, niche businesses in manufacturing, food & beverage, retail, education, agriculture, healthcare and other service sectors, to apply for Iltizam Catalyst 2024 which will begin in November. We have extended the application deadline to Aug 31, 2024,” Hizwani said.
To apply, Bumiputera SMEs must be registered with the Companies Commission of Malaysia (or the Local Authority (PBT) for Sabah and Sarawak), have an annual revenue between RM300,000 and RM1mil, and a profitable track record over the past two years.
For more information, visit https://iltizam-catalyst.ekuinas.com.my/.
