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Jom Transform 2021



Driving Change in the new norm

The Jom Transform Programme seeks to help Small and Medium Enterprises (SMEs) in Malaysia better compete in the digital economy. The programme will equip selected Malaysian SMEs with the tools, know-how and confidence to transform digitally. Participating SMEs will be matched with specially-chosen technology providers to pilot innovative and relevant digital solutions. The FinLab has collaborated with the Malaysian Digital Economy Corporation (MDEC) to provide digital advisory and relative incentives to the programme.

 

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Overview


Programme Outline


SAG grant process

Participants of the Jom Transform Programme are eligible for the Smart Automation Grant (SAG). The SAG is a matching grant allocated under Penjana 2020 for Malaysian businesses to digitalise their business processes and move towards the technology frontier. This matching grant is intended to assist companies embarking on automation to achieve one of these outcomes: increase in revenue, savings in business cost, reduction of process time cycle, reduce man hours and create new sources of growth.


Not be the subject of a liquidation/winding up order

Has an issued and paid up capital of at least RM50,000

Has a minimum of 51% equity held by Malaysian(s)

Incorporated in Malaysia under the Companies Act 1965 or the Companies Act 2016

Has no on-going issues and/or not dormant

Has entered into a written contract or a committed arrangement with technology partner(s) for the development and implementation of the project

If previously has received any MDEC/government grant, the applicant must demonstrate the completion and success of the funded project(s)

Click on the video to watch the highlights of the 2019 programme.

Companies in 2019 Programme
Recap Here

Jom Transform Programme Sign-Up

Sign-up now to be part of the programme.
Apply Now

Jom Transform Programme FAQ


Who can apply for The FinLab Jom Transform Programme?

The Jom Transform Programme is open to all SMEs incorporated in Malaysia. SMEs that wish to be selected into the programme should be open, wiling and able to embark on digital transformation:

Open – Keen to learn and use new tools and frameworks, and implement digital solutions to transform their businesses

Able – Able to set aside time and resources to enable digital transformation, during and beyond the three-month programe

Willing – Huge interest to transform their businesses to better capture the opportunities in the digital economy


Who in the company should attend the programme?

We strongly encourage the business owners and C-level management to attend the programme. In addition, decision makers, key stakeholders and operators should also be involved.


What happens in the Jom Transform Programme?

There will be a pre-programme workshop called The FinLab Business Model Transformation (BMT). This is a transformative two-day workshop designed to help participating SMEs identify their business challenges before using a proven framework to turn these into actionable opportunities. Then, SMEs who best meet our selection criteria will be offered the opportunity to participate in the Jom Transform Programme.

For the first month of the programme, the SMEs will go through relevant workshops covering specific areas, like digital marketing and change management. They will also access and choose relevant digital solutions to pilot and implement. For the final two months of the programme, the SMEs will be guided to implement their selected digital solutions, while monitoring and assessing their effectiveness.

The programme will culminate in a major event, the ‘Showcase Day’. At Showcase Day, all participating SMEs, together with the digital solutions they have worked with, will share and celebrate their business transformation journeys together.


How much time does selected SMEs have to commit each week during the programme period?

For SMEs selected into the programme, senior management should commit 2-3 days per week, in the first month, to attend workshops. The dates and times of the workshops will be released to the selected SMEs, with prior notice given to facilitate planning.

For the last two months of the programme, there may not be any workshops, but the selected SMEs are expected to commit time and resources to implement the chosen digital solutions, and to meet and follow-up with their assigned mentors.

Smart Automation Grant (SAG) FAQ


Smart Automation grant FAQ

Click here for the SAG grant FAQ.


Click here for The FinLab Jom Transform Programme terms & conditions.


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