HELP University offers KLSCCCI RM 5,000,000 worth of scholarships grants and bursaries to eligible members
Thursday, 25 Feburary 2016, Kuala Lumpur – In a historic meeting the HELP Education Group and KLSCCCI entered into an MOU today whereby both parties have agreed to collaborate to focus on education and training for nation building.
Both parties understand how vital education and training is for the success of Malaysia and for the future growth of KLSCCCI business members and their families. For Malaysia to be globally competitive and to forge ahead of other nations we need new skills and innovative business models. Above all, a future oriented global mindset, supported by the right values, is crucial. At the same time, a highly skilled workforce must be prepared for the ASEAN Common Market and Trans-Pacific Partnership Agreement (TPPA).
Both parties would synergize resources and networks, expertise and experiences to create programmes for innovative education, entrepreneurial leadership, future oriented business models, technology driven management, global business alliances, iconic SMEs, and revitalize corporate growth.
To kick start this initiative the HELP Group will offer KLSCCCI members RM 5 million in fee subsidies for various programs that are relevant to them.
During his keynote speech Datuk Ter, President of KLSCCCI, says that he is delighted to work with the HELP Education Group. One of the key objectives of KLSCCCI is to promote social welfare, cultural and educational activities via scholarships, loans, sponsorships, and charitable contributions. Since the establishment of KLSCCCI University/College Scholarship Fund in 1983, KLSCCCI has presented this scholarship for 33 consecutive years. During the 33 years, the total amount disbursed was close to RM 2 million for 1,560 students, inclusive of RM 59,000 worth of scholarships for 22 students last year.
Datuk Ter welcomes the areas of mutual co-operation as highlighted in the MOU, this includes: internships for HELP students across a wide range of courses and also entrepreneurship events, workplace learning, vocational and technical, national and global conferences, and executive professional development courses.
Datuk Ter stresses the role of KLSCCCI in helping SMEs, the backbone of the Malaysian economy that would benefit from this collaboration with HELP. At the same time, HELP’s students would learn practical entrepreneurship skills. From the pool of students SMEs can also select future staff and even partners for future growth.
Datuk Dr Paul Chan, Vice-Chancellor and President of HELP University (HU) was involved with the ACCCIM and KLSCCCI decades ago in various advisory capacities. He is thus supportive of this new initiative that benefits all communities.
An economist, Dr Paul highlights the disruptive changes happening worldwide. In this uncertain, complex and unpredictable world (which he has coined it as the ‘UCU World’) we need to reframe our mindset and all aspects of business leadership and management.
HELP is well known for its strong CSR initiatives and has won numerous awards. This includes the Sin Chew Business Excellent Awards 2015 for two categories in Product and Service Excellence, and Corporate Social Responsibility. HELP has also won the Forbes Award 2011 for Asia-Pacific’s 200 Best Performing Companies with capitalization below USD 1 billion.
In this collaboration with KLSCCCI, the ELM Business School will play a central role. ELM is a framework that integrates entrepreneurship, leadership and management to drive the development of a business from start up to maturity and renewal during its various stages of growth. Dr Wendy Liow, Dean of ELM Graduate School, will coordinate the implementation of the KLSCCCI and HELP University collaboration.
Dr Paul says, “The MOU between HELP and KLSCCCI is an affirmation of our mission which is “To help people succeed in life and to live a life of significance through education.’
He also highlights that the collaboration would be impactful in improving individual transformation and business successes because of the leadership of KLSCCCI. He says, “They are all success stories, and are exemplary models to the students and youths of Malaysia.’
Both Datuk Ter and Datuk Dr Paul Chan agree that they would expand the programmes beyond Malaysia to the ASEAN level. In particular, they would promote the successes of Malaysian SMEs to the regional and global level.
Besides the financial support, Dr Chan also mentions that HELP University’s new iconic campus in Subang 2, with Phase 1 be completed in early 2016, will provide excellent facilities to both students and KLSCCCI members to use. HELP presently has 2 campuses in the Klang Valley.
Datuk Ter says that KLSCCCI has 30,000 members, comprising 20,000 direct members including trade association members, individual members, firm / company members and 10,000 associate members and indirect members. This is a significant force in the Malaysian economy. With the right type of education and training programs the members would become a powerful driver in the national economy, ASEAN and TPPA. He believes that this is the right way to go and he is confident of the success of the collaboration.
In view of the global challenges, both Datuk Ter and Datuk Dr Paul Chan recognize the urgency of the matter and agree that the collaboration will kick start immediately after Chinese New Year.
About 200 members and guests attended the MOU ceremony at the KLSCCCI headquarters.