UOB Malaysia and The FinLab to help 16 Malaysian businesses with digital transformation.
United Overseas Bank have announced the 16 businesses selected to participate in The FinLab’s Jom Transform Programme. This is the first business transformation programme in Malaysia to help local enterprises digitalise their operations to drive growth.
The businesses selected to participate in the Jom Transform Programme are from a wide range of sectors including food manufacturing and distribution, food and beverage, healthcare, business consulting, automotive, logistics, and manufacturing.
The lucky SMEs participating in the Jom Transform Programme will be subsidised by UOB Malaysia in addition to their businesses being mentored by the programme’s partners, which include the Chinese Chamber of Commerce & Industry of Kuala Lumpur & Selangor, the Malaysian Association of Tour and Travel Agents, Maxis, the Malaysia Digital Economy Corporation and SME Corporation Malaysia.
During the three-month Programme, the owners and key decision makers of the 16 businesses will be matched with technology partners to pilot and to assess the effectiveness of their digital solutions. Upon completion of the Programme, the businesses will then share their outcomes and learnings with the public at a ‘Showcase Day’.
Mr Wong Kim Choong, Chief Executive Officer, UOB Malaysia, said the Jom Transform Programme is part of the Bank’s commitment to help businesses overcome their business transformation challenges for better productivity and sustainable growth.
The FinLab first ran its business transformation programme in Singapore in 2015 and then in Thailand in early 2019. In Malaysia, the Jom Transform Programme was launched in June 2019 and received interest from more than 900 businesses across the country.