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Ready to Empower Your Business?

Ensure you have prepared a softcopy of the following documents

Company’s Certificate of Registration
Owner's Identification Card (IC)
Financial accounts or financial statements (at least cash flow) for the last 2 years (or more)
Employer EPF contribution statement or payslip record
Company Profile (the summary of your business nature can be in any form such as video/ Instagram account/ eCommerce/ website etc)
3 representatives to commit for this programme (owner & key management personnel)

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The application period has been extended to 2 October 2022

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You May Be Wondering...

ILTIZAM Catalyst is a programme under the ILTIZAM Entrepreneurship Programme that provides hands-on and direct assistance via qualified technical consultants to bridge the gaps in businesses and strengthen their capacity for sustainable growth.

ILTIZAM Catalyst is open to all Bumiputera businesses with revenue between RM300,000 - RM1 million with a minimum of two (2) years track record registered in Malaysia and has met the eligibility criteria . ILTIZAM Catalyst will exclude businesses related to:

  • Start-ups
  • Liquor
  • Illegal/unethical activities

Some common business issues that ILTIZAM Catalyst can help with include:

Sales Expansion

  • Limited skills and understanding of digital marketing & branding.
  • Difficulty in accessing sufficient funding, often due to incomplete documentation.

Strategic Decision Making

  • Lack of guidance/mentorship/leadership skills.
  • Talent management/retainment issues

Efficiency/Cost Effectiveness

  • Limited automation - heavy reliance on manual processes and manpower.
  • Lack of skills in financial management.

You will receive technical and capacity-building assistance in Financial & Compliance, Digital Marketing & Branding, Digital & Technology Adoption and Leadership in the form of knowledge, tools and technical support worth up to RM25,000*

*Cash assistance is not provided.

Following are the specified assistance for each category:

Pillar 1: Finance and Compliance

Finance

  • Preparation or review of financial statements (P&L, BS, CF).
  • Analysis of financial statements through designated key financial ratios.
  • Review of business plan & strategic plan inclusive of business model.
  • Advice on short and long-term investment needs and business financing for expansion

Compliance

  • Support for incorporation including tax-related requirements (ie. transition from Enterprise to Sdn Bhd).
  • Partnership or Shareholders' agreement advisory.
  • Review of necessary documents, and requirements for effective business operations, licence(s) and certification(s).

Pillar 2: Digital Branding and Marketing

Branding

  • Preparation or review of financial statements (P&L, BS, CF).
  • Analysis of financial statements through designated key financial ratios.
  • Review of business plan & strategic plan inclusive of business model.
  • Advice on short and long-term investment needs and business financing for expansion

Compliance

  • Conduct Brand Audit.
  • Establishment of brand persona and target audience.
  • Establishment or review of current brand guidelines and strategy.

Pillar 3: Digital and Technology Adoption

Automation

  • Analysis of current needs or review of the existing system (if any) and recommendation of the best system to automate the process.
  • Establishment of a finance system.
  • Establishment of a Human Resource system..
  • Establishment of a Client Relationship Management system.
  • Provide training and knowledge transfer for system optimisation, system maintenance and possible future expansion

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

The eligibility criteria for ILTIZAM Catalyst are as follows:

  • The business is registered with the Companies Commission of Malaysia (SSM).
  • The business has at least 51% Bumiputera shareholding,
  • Financially sustainable with annual revenue between RM300,000 to RM1 million with a minimum of two (2) financial years or more.
  • Minimum five (5) full-time staff in active employment.
  • Showcase credentials and needs for the programme.
  • Fully committed to participating in the ILTIZAM Catalyst programme.

You may check further information about the Eligibility Criteria by clicking here

You will need to prepare the following documents to apply for ILTIZAM Catalyst

  • Company's Certificate of Registration with the Companies Commission of Malaysia (SSM).
  • The owners' Identification Card (IC).
  • Details of shareholders.
  • Financial accounts or financial statements (at least cash flow) for the last 2 years (or more).
  • Employer EPF contribution statement or payslip record.
  • Company Profile (the summary of your business nature can be in any form such as video/ Instagram account/ eCommerce/ website etc).

You will also need to select 3 representatives from your company to commit to this programme (owner & key management personnel).

If your document/video is incomplete, a notification will be sent to you requesting the submission of missing documents within 7 working days

  • You may apply by clicking here
  • Fill in the form & upload the softcopy of the document/video needed for the application.
  • You will receive a verification of your complete application at the end of the registration.

The application deadline has been extended to 2 October 2022. If you are eligible, you will be shortlisted for the ILTIZAM Catalyst interview.

We have extended the application period to 2 October 2022 to welcome more Bumiputera SMEs to submit their application for ILTIZAM Catalyst.

Growth Potential

You will get the opportunity to become an EKUINAS portfolio company in the future

Improve Efficiency

You will gain access to the latest technologies and proper internal controls.

Network & Mentorship

You will get to connect with existing ILTIZAM Advance Alumni and EKUINAS portfolio companies.

Leadership & Culture

Improve your company's leadership, culture and brand visibility and expand to new markets.

Unlock Financing

Leverage financing options and grants, with the potential to become a part of the EKUINAS portfolio company.

There have been multiple companies that have joined the ILTIZAM's Entrepreneurship Programme such as Kinderkaizen, Eatalian Express, Raw Denim House, Hutan Ration and many more!

Be inspired by reading ILTIZAM success stories here .