It’s well known that over 97% of all companies in Malaysia currently occupy the SME space, however 70% of businesses in the region fail to make it past the three-year mark. Our recent survey conducted last year evaluated the struggles smaller companies undergo, and not having the right business model or the right knowledge were top of the list. Our vision for Malaysian SMEs like yours is to future-proof your business model, and take on a measured approach in knowing the right circumstances that are needed to move forward and scale your business.
The AmBank BizRACE is an exciting a business competition experience that will help your SME scale and grow to the next level of business. With over RM 2 million worth of prizes to be won, the winners of the BizRACE will be awarded with valuable development training modules, branding opportunities, and greater exposure to the international market for their SME to grow. In addition to that, CEOs of the winning SMEs will also receive coaching and mentoring sessions with internationally renowned entrepreneurs who can help identify what is needed to scale and grow their business to the next level.
- Are a registered Malaysian company from any industry
- Have been in business for more than one year
- Are looking for ways to scale and grow to the next level
- K-Pintar Executive Education Award: Plus Solar Systems
- CGC International Market Access Award: The Boom Beverage
- Digi Innovation Award: SalesCandy
- AmMetLife Sustainability Award: Segamat Panel Boards
It’s been an impactful journey at the AmBank BizRACE. Our Top 15 finalists have completed their CEO Coaching and Development Programs which tackled topics on Leadership, Strategy, Processes and Culture in scaling their businesses. Our judges faced a tough challenge of shortlisting the final Top 5 and here they are! We would like to thank everyone who has participated in this journey with us.
With so many solid business entries, the competition has become a testament to the great minds of business leaders across Malaysia, and our esteemed panel of judges have chosen the Top 15 Finalists! Our team will be in contact with you and a Race Kit will be provided to help you prepare for the next sessions of executive development and coaching.
These Top 100 businesses were selected during the first stage to present their business plans to our esteemed panel of judges.
- An ENTREPRENEURSHIP DEVELOPMENT PROGRAMME from a prestigious global university worth over RM1.2 million
- HARVARD MANAGEMENTOR one-year subscription worth over RM500,000
- TWO SEATS at the EUROPEAN SCHOOL of MANAGEMENT & TECHNOLOGY in Berlin, Germany worth over RM100,000
- A FIVE-DAY CULTURE & LEADERSHIP DEVELOPMENT PROGRAMME worth RM350,000
- A FIELD TRIP TO CHINA to learn best practices from internationally renowned organisations
- MEDIA PACKAGES worth up to RM595,000
- CEO COACHING & MENTORING
- EXTENSIVE MEDIA COVERAGE throughout race journey… AND SO MUCH MORE!