KUALA LUMPUR (June 20): United Overseas Bank (Malaysia) Bhd (UOB Malaysia) and The FinLab on Monday (June 20) announced the fourth edition of the Jom Transform Programme (JTP), and is set to empower women to transform their businesses through digital acceleration.

In a statement, UOB Malaysia said this year’s programme, themed “JTP: Womenpreneur Edition”, aims to support women entrepreneurs through digital solutions that drive productivity, save costs and grow revenue, which will be conducted virtually on The FinLab Online.

Chief executive officer Ng Wei Wei said UOB Malaysia sees potential in supporting female-led businesses to thrive, particularly in e-commerce, as women entrepreneurs make up only 20% of Malaysian small- and medium-sized enterprises (SMEs).

“This is why the bank is creating an ecosystem through the JTP 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,” she said.

According to UOB Malaysia, the first cohort of the JTP: The Womenpreneur Edition will undergo a three-week business transformation curriculum through The FinLab Online, starting June 28.

Apart from receiving the relevant knowledge, tools and skills to digitalise their businesses, participants will also be guided by subject matter experts and mentors from UOB and its regional ecosystem partners in the area of digital transformation.

They 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 enjoy 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.

JTP, which is specially-curated to provide advisory and assistance in the areas of digitalisation for Malaysia’s SMEs, has enabled more than 400 Malaysian SMEs to embark on their digitalisation journey since the launch of the programme in 2019.