According to a recent report, Malaysia will be the first Asian country, outside China, to initiate the Netpreneur Training Programme, beginning in March 2019.
The programme, an initiative organised by one of the world’s largest e-commerce groups, will complement the ongoing Electronic World Trade Platform (eWTP) initiatives in Malaysia.
According to report, the 10-day programme will be hosted at the e-commerce company’s headquarters in Hangzhou, China, and the second training programme would kick off from in April 2019.
The programme is aimed at enabling Malaysian entrepreneurs and those who operate businesses within the Malaysian market to embrace digital innovations to transform their businesses and the country’s economy.
Under the eWTP agreement with Malaysia, the e-commerce group was committed to facilitate the development of eTrade infrastructure and the adoption of best practices.
It was noted that the group’s Netpreneur Training Programme, jointly organised by its Business School, the Malaysian Digital Economy Corporation, Malaysia External Trade Development Corporation and SME Corporation Malaysia, is programmed to cater to the different needs of different businesses in Malaysia, when it comes to adapting to the digital ecosystem.
The maximum of 50 entrepreneurs would participate in each of the training programmes.
When asked if the training programmes would continue after these two batches, a member of the group’s leadership noted that the company is committed to working with the Malaysian government and businesses to share the know-how and best practices to enable small and medium enterprises (SMEs) to fully benefit from globalisation.
The group will continue to provide training initiatives and conduct these programmes for Malaysian businesses.
As part of an ongoing initiative under the eWTP programme, aimed at addressing various challenges facing Malaysia’s entrepreneurs, the company will help both traditional businesses and digital ventures to convert challenges into opportunities to propel their business further.
The netpreneur training programme, aimed at enabling Malaysian entrepreneurs and those who operate businesses locally to embrace digital innovations, was launched by the group’s aforementioned business school.
It is hoped that participants will then share the knowledge they acquire, along with their experiences, with the wider business community in Malaysia and inspire positive transformation of the country’s economy.
Upon the enrolment and seletion criteria to participate in the training programme, a participant must be a founder/co-founder or business owner of an officially registered venture that has been in operation for at least two years.
Other requirements, among others, include one referral in their application (referrals from a partner/organiser are preferred).
Participant must also produce their official business licences when requested during the application process; female entrepreneurs and local entrepreneurs, as well as, budding young, founders, co-founders or business owners are encouraged to apply.
Participants will learn and receive fundamental understanding of how new technology and the capabilities of a digital economy would enable national development.
In addition, participants will obtain key knowledge of the evolution of the group’s ecosystem within a country-wide context, including failures, mistakes and best practices through sharing’s from Alibaba’s founders and business leaders.
Moreover, participants will be able to take away important insights from traditional businesses from a wide range of industries who recently went through the digital transformation in China and have the opportunity to go on field trips and interact with leading businesses within the e-commerce company’s ecosystem.
Enabling the participant’s to gain first-hand insight into current innovations and a foundation of strategic thinking that will enable them to make improvements in their own businesses, industries, and ecosystem.