Are you a Bumiputera entrepreneur looking to scale your business? The ILTIZAM Catalyst Programme, part of the ILTIZAM Entrepreneurship Programme by Ekuinas, is your gateway to sustainable growth. Designed for businesses with annual revenues between RM300,000 and RM1 million, this program offers tailored support to strengthen your business foundation across four key areas: finance, branding, technology adoption, and leadership.
What is ILTIZAM Catalyst?
ILTIZAM Catalyst is a hands-on program that offers direct assistance through qualified technical consultants to help you overcome the challenges your business may face. Whether you’re dealing with financial complexities, struggling to establish a strong brand presence, or finding it hard to adopt new technologies, ILTIZAM Catalyst provides the necessary tools and expertise to guide your business towards success.
Who Can Benefit?
The program is open to all Bumiputera businesses registered in Malaysia that have been operational for at least two years, with annual revenues between RM300,000 and RM1 million. Your business must meet specific eligibility criteria, such as being financially sustainable and profitable over the last two years.
However, businesses involved in start-ups, liquor, and illegal or unethical activities are excluded from the program.
How ILTIZAM Catalyst Can Transform Your Business
The ILTIZAM Catalyst Programme offers comprehensive support across four major pillars:
Pillar 1: Finance and Compliance
- Preparation of financial statement (if required)
- Analysis of financial statement including tax preparation & planning
- Develop business & strategic plan
- Advisory on Risk & Compliance (Business regulatory, tax compliance, licensing, incorporation & funding)
Pillar 2: Branding and Digital Marketing
- Marketing & brand audit
- Establish and review marketing strategy & plan (segmentation, positioning, targeting)
- Establish brand guideline & strategy
- Prepare digital marketing design template
- Prepare content calendar template
- Develop or review digital marketing strategy
- Execution of media buy
Pillar 3: Technology Adoption
- Accounting software (if required)
- Website and e-commerce platform (if required)
Pillar 4: Leadership
- Growth Mindset & Strategic Thinking: Strategy and business transformation support using design thinking and agile methodology
- Peer Advisory: Networking platform for peer advisory
- Effective Leadership: Engagements with industry leaders and successful business owners
What Sets ILTIZAM Catalyst Apart?
ILTIZAM Catalyst is not just another business support program; it’s a catalyst for growth, offering:
- Growth Potential: Integration into Ekuinas’ entrepreneurship growth pathways.
- Networking and Mentorship: Opportunities to connect with ILTIZAM Entrepreneurship alumni and Ekuinas portfolio companies.
- Financing Preparation: Assistance in assessing your financial position and preparing your business for future financing opportunities.
Eligibility and Requirements
To join ILTIZAM Catalyst, your business must meet the following criteria:
- Registered with the Companies Commission of Malaysia (SSM).
- At least 51% Bumiputera shareholding.
- Annual revenue between RM300,000 and RM1 million over the last two financial years.
- Demonstrated profitability and a commitment to fully participate in the program.
Application Process
The application period runs from 1 July 2024 to 31 August 2024. To apply, you need to:
- Visit the ILTIZAM Catalyst website.
- Fill in the application form and upload the required documents, including your company’s registration certificate, shareholder details, financial statements, and EPF contribution records.
- Choose two representatives from your company (preferably the owner/founder and a key management personnel) to commit to the program.
Ready to Grow?
If you’re ready to take your business to the next level, don’t miss this opportunity. Visit the ILTIZAM Catalyst website to apply before the deadline on 31 August 2024.
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