Definition of SMEs

Malaysia adopted a common definition of SMEs to facilitate identification of SMEs in the various sectors and subsectors. This has facilitated the Government to formulate effective development policies, support programmes as well as provision of technical and financial assistance.

An enterprise is considered an SME in each of the respective sectors based on the Annual Sales Turnover or Number of Full-Time Employees as shown in the table below.

	Micro-enterprise	Small enterprise	Medium enterprise
Manufacturing, Manufacturing-Related Services and Agro-based industries	Sales turnover of less than RM250,000 OR full time employess less than 5	Sales turnover between RM250,000 and less than RM10 million OR full time employees between 5 and 50	Sales turnover between RM10 million and RM25 million OR full time employees between 51 and 150
Services, Primary Agriculture and Information & Communication Technology (ICT)	Sales turnover of less than RM200,000 OR full time employees less than 5	Sales turnover between RM200,000 and less than RM1 million OR full time employees between 5 and 19	Sales turnover between RM1 million and RM5 million OR full time employees between 20 and 50

Category Of SMEs

Manufacturing, Manufacturing-Related Services and Agro-based industries

"Small and medium enterprises in the manufacturing, manufacturing related services and agro-based industries are enterprises with full-time employees not exceeding 150 OR with annual sales turnover not exceeding RM25 million"

Services, Primary Agriculture and Information & Communication Technology (ICT)

"Small and medium enterprises in the services, primary agriculture
and Information & Communication Technology (ICT) sectors are enterprises
with full-time employees not exceeding 50 OR with
annual sales turnover not exceeding RM5 million"

SME TRAINING FUND

To qualify for the 70% SMIDEC Funding (Year 2012) (provided to latest government circular), SMEs must fulfill the following criteria:

At least 60% equity held by Malaysians

Possess valid premise license

For the services sector:

must be incorporated under the Registration of Business Ordinance 1956 with an annual sales turnover of not exceeding RM5 million or full-time employees not exceeding 50

For manufacturing companies or companies providing manufacturing-related services:

must be incorporated under the Companies Act 1965 with annual sales turnover of not exceeding RM25 million or with full-time employees not exceeding 15

SMEs are required to submit the following documents to qualify for the funding:

SSM Registration Certificate

Memorandum and Articles of Association (M&A) - Form 9, Form 24, Form 49.

Company's Latest Audited Account (New SMEs that have yet to have audited accounts can submit their latest Bank Account Activity Statement as an alternative)

Company’s latest EPF statement

Local Authority License (MPPP / MPSP license)

Manufacturing License (Applicable for manufacturing companies that have more than RM2.5 million in paid up capital OR more than 75 staff)

All the document shall be certified by "A Category" Government Officers or Commissioner of Oath.

How can you enjoy this Funds?

You can use the fund by joining our PSDC SME Community by sending us a completed PSDC SME Community Form and attach the documents as mentioned in the form.

PSDC SME Community Registration Form

HRDF - HUMAN RESOURCE MINISTRY'S TRAINING PROVIDER OF THE YEAR 2010

PSDC is a "A" STAR RATING Training Provider registered under HRDF / PSMB and awarded as The Training Provider of The Year 2010. Providing facilities for SBL, SBL Khas, Prolus and coming for Perla for all the employers to claim from their trainings.

PSDC deploys only certified trainers with vast of experiences and posses Train The Trainer Certificate by HRDF / PSMB.

ENHANCEMENT PROGRAMMES OFFERED UNDER SHORT-TERM COURSES

Technical Competency Programmes

Technical training is our core specialty. AT PSDC, there are nine (9) fields of training offered; namely Process Instrumentation & Control, Industrial Automation, Electrical, Mechanical, Poduction & Process, Welding, Safety, AutoCAD and Control-based Monitoring System.

ICT Savvy Programmes

As ICT is crucial in the development and growth of a company, PSDC also offers many ICT programs from basic to advanced levels. There are currently nine (9) training programs; namely Microsoft Office 2007/2010, Open Office, Operating Systems & Networking, Fiber Optics, Graphic Design, Authoring Tolls, Programming and Microsoft Server 2003

Management Proficiency Programmes

As more and more of our clients now asks for soft-skills programs, PSDC now offers Six (6) programs; namely Marketing, Management, Quality & ISO, Team Building, Communication and Logistics.

Halal Matters Programmes

PSDC is now offering Halal programmes to help many aspiring local entrepreneur to understand and help their products and services to be Halal certified.