KUALA LUMPUR, Nov 12 — Celcom Axiata Bhd (Celcom) has launched its Vendor Development Programme (VDP) 2.0 to support and develop local vendors within the digital ecosystem.
Its chief executive officer, Idham Nawawi said the new scheme (VDP 2.0) aims to further enhance the capabilities and competitiveness ecosystem of its vendors to capitalise on future opportunities and challenges of the fourth industrial revolution.
He said with VDP 2.0, Celcom aims to increase and include new vendors, particularly those who are keen to venture into high-growth and innovative enterprises.
“It is also aligned with the Government’s National Entrepreneurship Policy 2030, which aims to promote economic growth through innovation.
“Since its inception in 2016, 50 local vendors have been registered under the VDP; of which two vendors were listed as local champions and one as regional champion. With this programme, Celcom also aims to create global champions,” he said in the statement, today.
Celcom’s VDP 2.0 was launched by Deputy Entrepreneur Development MInister Datuk Dr Mohd Hatta Md Ramli during the Vendor Innovation Partnership Programme 2019 (VIPP), a two-day entrepreneurial programme that gathered anchor government-linked companies, government-linked investment companies, and private companies that drive the VDP.
Idham said this initiative enables Celcom to contribute to advancing Malaysian societies and building the nation, which is not only beneficial for its vendors’ growth, but also the country’s economy.
Meanwhile, SME Bank Group today signed a memorandum of understanding with Celcom to produce SME champions in the country’s telecommunications sector.
“This collaboration has opened up opportunities for SME entrepreneurs, who are Celcom-registered contractors, vendors and suppliers, to gain access to the RM100 million financing facility provided by SME Bank,” its group president/chief executive officer, Aria Putera Ismail said.
He said the facility offered is in the form of contract financing, working capital and/or purchase of assets.
“In addition, SME Bank’s subsidiary, Centre for Entrepreneur Development and Research Sdn Bhd, will also conduct special development programmes for these entrepreneurs, as well as those involved in the telecommunications sector,” he added.