SIDEC Targeting 30 Companies To Participate In Retail-X 2025
KUALA LUMPUR, June 12 (Bernama) -- The Selangor Information Technology and Digital Economy Corporation (SIDEC) is targeting to attract 30 companies from five key sectors to participate in its Retail-X programme.
In a statement today, SIDEC said the latest edition of the state’s flagship programme offers rewards and support worth up to RM300,000 to high-potential business-to-consumer (B2C) retail small and medium enterprises (SMEs) in Malaysia, particularly those in Fashion and Lifestyle; Health, Beauty and Wellness; Food and Beverages; Home and Home Appliances; and Social and Community Impact Brands.
“Applications are open from now until June 27, 2025. The 12-week programme focuses on the digital transformation of retail businesses through intensive training in artificial intelligence (AI)-driven marketing, smart inventory management, omnichannel strategies, and enhancing customer experience.
“Participants will also receive direct mentorship from industry experts, including representatives from leading companies such as AEON, RHL Ventures, Carsome, Shopline, Signature Market, Mystartr, Ata Plus, F&N, and The Lego Group,” it said.
SIDEC added that the programme will culminate in a Final Demo Day, where the top 20 participants will pitch their ideas and business models to investors, industry leaders, and strategic partners.
“The top 10 participants will receive prizes worth RM50,000 in total, including cash, trophies, investment opportunities, and exclusive innovation visits,” it said.
-- BERNAMA