UOB Malaysia and The FinLab announced the launch of the fourth edition of its innovation accelerator Jom Transform Programme (JTP) which will be conducted virtually on The FinLab Online.

The FinLab Online is a regional digital platform launched on 17 July 2020 to help small and medium-sized enterprises (SMEs) and startups tap the expertise of industry mentors from UOB and its regional ecosystem partners virtually.

The theme for this year is ‘JTP: Womenpreneur Edition’ which aims to support female entrepreneurs through digital solutions that drive productivity, save costs and grow revenue.

The first cohort will undergo a three-week business transformation curriculum starting 28th June 2022.

Participants will also have access to online workshops, video tutorials and webinars in digital marketing, business operations and e-commerce.

To further accelerate their digitalisation efforts, participants will also receive complimentary subscriptions to JomX solution of choice including cloud accounting systems, artificial intelligence and data analytics, by a host of JTP ecosystem partners for up to 13 months.

Since the launch of JTP in 2019, the programme has enabled more than 400 Malaysian SMEs to embark on their digitalisation journey.

Ng Wei Wei, Chief Executive Officer of UOB Malaysia said,

“With women entrepreneurs making up only 20 percent of Malaysian SMEs, we see potential in supporting female-led businesses to thrive, particularly in e-commerce. And this is why the bank is creating an ecosystem through Jom Transform Programme to connect women entrepreneurs to one another and open doors to opportunities. As the needs of businesses evolve in line with new market realities, we want to also provide them with the right tools to future proof their businesses in this digitalised world.”