Universiti Malaya (UM) and Credit Guarantee Corporation Malaysia Berhad (CGC) have signed a Memorandum of Understanding (MoU) to boost the skills of Malaysia’s micro, small and medium enterprises (SMEs). The agreement, formalised on 18 September 2025, marks a significant collaboration aimed at equipping SMEs with the tools needed to thrive in a competitive and digital-first business environment.
Tailored Learning Through UMCCed
Through this partnership, UM via its Centre for Continuing Education (UMCCed) will deliver learning modules designed specifically for SMEs under the CGC Developmental Programme®. The training focuses on digital marketing techniques, technology adoption, and sustainability practices to help businesses expand their markets and improve long-term competitiveness.
Prof. Dr. Hasniza Zaman Huri, UM’s Deputy Vice-Chancellor (Academic & International), explained:
“This initiative reflects Universiti Malaya’s role not only as an academic institution but also as an industry partner committed to preparing SMEs to embrace technology, strengthen market presence and sustain growth in the digital age.”
Strengthening the SME Ecosystem
CGC President and CEO, Datuk Mohd Zamree Mohd Ishak, highlighted that the corporation’s role extends beyond providing financing guarantees:
“Our mandate is also to support the capacity-building of entrepreneurs. This MoU with Universiti Malaya enhances that commitment by fostering knowledge-sharing, skills development, and strengthening Malaysia’s SME ecosystem for the long term.”
A Model of Academia–Industry Synergy
The collaboration represents a model of synergy between academia and industry, paving the way for broader future initiatives in professional development and entrepreneurship training. Both organisations emphasise that empowering SMEs is key to sustaining Malaysia’s economic growth, ensuring resilience, and nurturing innovation.
