BPME 3063 ENTREPRENEURIAL

NETWORKING MANAGEMENT
FIRST SEMESTER SESSION 2020/2021
(A201)
GROUP D

ASSIGNMENT ON ENTREPRENEURIAL AGENCIES-

HALAL DEVELOPMENT CORPORATION

LECTURUR NAME: NORITA BINTI DERAMAN

STUDENT NAME: LEE LAP MAN
MATRIK NO.: 262688

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Table of Contents
1.0 MINISTRY OR AGENCY BACKGROUND ..................................................................... 3

2.0 VISION ................................................................................................................................ 4

3.0 MISION ............................................................................................................................... 4

4.0 ROLES AND RESPONSIBILITY ...................................................................................... 5

4.1 Roles ................................................................................................................................. 5

4.2 Responsibility ................................................................................................................... 5

5.0 PROGRAM OR ACTIVITIES FOR ENTREPRENEURS ................................................. 6

5.1 SME Mentoring Program 2019 ........................................................................................ 6

5.2 Halal Community Driving the New World Economy...................................................... 7

6.0 FUNDING AND GRANT ................................................................................................... 8

6.1 Halal Technology Development Fund ............................................................................. 8

REFERENCES ........................................................................................................................ 10

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1.0 MINISTRY OR AGENCY BACKGROUND
Halal Development Corporation Malaysia pioneered the development of an integrated and
comprehensive halal eco-system and infrastructure to enable Malaysia to become the most
competitive countries leading the global halal industry.

Founded on September 18, 2006, HDC is a well-known central coordinator, aiming to promote
participation and growth of industry participants in the development of the Malaysian halal
ecosystem. It is an organization under the Ministry of International Trade and Industry (MITI)
and the world’s first Government-backed halal industry development company.

In term of establishing the Malaysian halal eco-system in order to enhance its industry
participants, HDC has grown by creating opportunities for investment, trade, employment,
information sharing and transfer of technology, Malaysia has become Malaysia's halal industry
leader in halal ecosystem.

With HDC as the backbone of all aspects of the development of the halal market, Malaysia
now has a diversified competitive halal ecosystem that connects the government, industry
players and consumers.

Halal is no longer related to religion; it is rapidly moving towards an ever-evolving lifestyle,

driven by an exponentially increasing number of consumers in the global Muslim and non-
Muslim population of over 1.8 billion halals across the world.

Malaysia is the world's leading halal centre, contributing US$10 billion or RM40 billion in
export value to halal products each year, accounting for about 4% of the country's total exports.
In contrast, in the next ten years, the total scale of the halal industry is expected to be 30.6
trillion US dollars, of which Muslim consumers only have 7.7 trillion US dollars.

This represents the huge growth potential for HDC outside, expanding the network, and in the
process, improving the halal industry players, while leading the Islamic economic ecosystem
and internal agenda to improve the development of the country's halal industry.

HDC will synchronize the role of HDC with "Halal Industry Master Plan 2030", aiming to raise
standards and push industry participants to a new level of growth. To meet the growing demand
by creating a more business-friendly environment for industry participants, the Malaysian halal
ecosystem will be strengthened and made stronger.

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Supplemented by a favorable environment and government-backed policies and initiatives,
Malaysia is ready to establish a strong and interconnected halal ecosystem on a regional and
global scale; therefore, it has strengthened its position as the core of the global halal industry.

HDC is striving to improve its competitiveness as it enters the new halal field, and has added
other non-food fields such as pharmaceuticals, cosmetics and personal care, logistics, hotel
services, and medical equipment to meet the needs of the new economy. (hdcglobal, 2020)

2.0 VISION
Building Malaysia as the most competitive country in global halal industry

3.0 MISION
We create socio-economic growth opportunities for Malaysia halal ecosystem community

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4.0 ROLES AND RESPONSIBILITY
4.1 Roles
Facilitating the onboarding of industry players onto the halal economy to increase Malaysia’s
halal exports and direct investment into halal industrial parks

4.2 Responsibility
 Provide advisory services on opportunities throughout the halal market and value chain.
 Formulate strategies and initiatives that support the Country’s socio-economic
development agenda
 Facilitate participation and growth of halal industry participants
 Promote Halal Malaysia brand worldwide
 Coordinate and report on the performance index of initiatives implemented
 Add value on talents development initiatives
 Facilitate the development of fully halal and shariah-compliant value chain
 Facilitate international relations and cooperation towards beneficial returns in terms of
investment, trade and information – expertise – technology sharing
 Facilitate the management of halal industry-related initiatives and issues

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5.0 PROGRAM OR ACTIVITIES FOR ENTREPRENEURS
5.1 SME Mentoring Program 2019
The SME Mentoring Programme is aimed to share Nestlé's knowledge and best practices in
production, sales, marketing and halal related matters with Nestlé (Food and Beverage
Industry). It is a 2-day seminar jointly organized by HDC, Nestlé Malaysia and Malaysian
SMEs. (halalpark, 2019)

Expected Benefits

 Gain direct knowledge from industry expert in Halal best practice, productivity, sales
& marketing and more.

 Sharing of latest information on opportunities in Halal business domestic and globally.

 Enhance knowledge to implement better halal control in food manufacturing.

 Explore business opportunities with multinational companies.

Who Should Attend?

Small and Medium Enterprise (SMEs) in Halal Food and Beverages (F&B) industry:

 Business owners / Managing Directors

 General Managers / Manager

 Executives / Supervisors

Venue 2019

Date Venue
25-26 Sept 2019 Weil Hotel, Ipoh, Perak
30-31 Oct 2019 Klana Beach Resort, Port Dickson, Negeri Sembilan

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5.2 Halal Community Driving the New World Economy
The 12th World Halal Conference (WHC) is a thought leadership platform that has become an
established part of the Malaysian calendar. The WHC 2020 convenes Heads of Government,
academics and industry leaders to discuss numerous opportunities and discuss challenges
related to halal economic development. It is also a recognized Malaysian halal business
network platform, bringing together more than 1,000 global halal stakeholders from 50
countries.

WHC 2020 is organized by Halal Development Corporation Berhad (HDC) and hosted by the
Ministry of Economic Affairs, Malaysia. The conference and parallel meetings will be held in
the banquet hall on the third floor of the Malaysia International Trade and Exhibition Centre
(MITEC) from April 1st to 2nd, 2020 for 2 days. (Halal Community Driving The New World
Economy , 2020)

The two-day event will feature components including but not limited to;

• Ambassadors Panel: Empowering Halal Community

• Ministerial Panel: Strengthening the Halal Ecosystem
• Captains of Industry Panel: Responsible Consumption and Production
• Driving the Growth of the Halal Economy Through Islamic Finance
• Halal Economy Trendsetters
• Emerging Halal Sectors
• Halal Best Practices Parallel Sessions

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6.0 FUNDING AND GRANT
6.1 Halal Technology Development Fund
The Halal Technology Development Fund is specifically used to fund and cultivate small and
medium-sized enterprises (SMEs) to achieve long-term growth and exports through activities
that meet halal standards.

The main focus of the fund is to provide companies with the best consulting services and
networks. Activities include halal product development processes and regulatory compliance
services to overcome obstacles and barriers to bringing halal products and services to the
market. (Malaysian Technology Development Corporation (MTDC), 2017)

1. HALAL TECHNOLOGY DEVELOPMENT FUND (Halal Fund 1)

Objective
Halal Fund 1 is a partial grant dedicated to grow an SME from small to medium-sized
company with the application of technology in halal related products or services for
local market.

Eligibility
• SMEs as defined by the National SME Development Council.
• The company is incorporated under the Companies Act 1965.
• The company must be at least 60% owned by Malaysian.
• The company has already obtained halal certification from Department of Islamic
Development Malaysia (JAKIM).
• The company must not be a subsidiary of a GLC / MNC.

Quantum / Margin of Financing

Halal Fund 1 provides funding in the form of partial grants with a maximum of RM 2
million or 70% of the eligible expenses (whichever is lower).

Project Duration
4 Years

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2. HALAL TECHNOLOGY DEVELOPMENT FUND (Halal Fund 2)
Objective
Halal Fund 2 is a partial grant dedicated to grow an SME from medium to large-sized
company with the application of technology in halal related products or services for
export market.

Eligibility
• SMEs as defined by the National SME Development Council.
• The company is incorporated under the Companies Act 1965.
• The company must be at least 60% owned by Malaysian.
• The company has already obtained halal certification from Department of Islamic
Development Malaysia (JAKIM).
• The company must not be a subsidiary of a GLC / MNC.
• The products or services have already been exported.

Quantum / Margin of Financing

Halal Fund 2 provides funding in the form of partial grants with a maximum of RM 4
million or 70% of the eligible expenses (whichever is lower).

Project Duration
4 Years

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REFERENCES
Halal Community Driving The New World Economy . (2020). World Halal Conference 2020
(p. 2). Kuala Lumpur: Malaysia International Trade Exhibition Centre (MITEC).

halalpark. (2019). Retrieved from Halal Industry Development Corporation:

http://halalpark.hdcglobal.com/publisher/bi_sme_mentoring_programme

hdcglobal. (2020). Retrieved from Halal Development Corporation Official Website:

http://www.hdcglobal.com/

Malaysian Technology Development Corporation (MTDC). (2017). Retrieved from Halal

Technology Development Fund: https://www.mtdc.com.my/business-funding/htdf/

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