About SCORE
The concept of SME Competitiveness Rating for Enhancement (SCORE), a diagnostic tool used to rate and enhance competitiveness of MSMEs based on their performance and capabilities, was first developed and introduced in 2007. The initial pilot was undertaken for companies in the manufacturing sector to gauge on the effectiveness of the grants companies received to improve their business performance. Since then, the SCORE process was accepted by various sub-sectors in Malaysia as it provides a gauge to measure the competitiveness and capabilities of companies at firm level. SCORE has also been used as a tool for business matching purposes for better market access as well as initial indicator for purposes of access to finance
Objectives
- Acquire baseline data on MSMEs
- Evaluate and track MSMEs capabilities and performance
- Facilitate linkages of potential MSMEs to large companies, government-linked companies (GLC) and hypermarkets
- Link export-ready companies to MATRADE and MIDA
- To ensure better fund utilisation and focus resources
Benefits of SCORE
One of the main objectives of SCORE is to provide comprehensive services in assisting the development of MSMEs in Malaysia. With this in mind, SCORE has successfully established strategic partnerships with bodies from various industries that has the potential to assist and support SMEs in building their capacity and capabilities.
Our Strategic Partners are as follows:
- Addressing weaknesses of MSMEs with more focused approach and provide integrated, hand-holding assistance to SMEs;
- Facilitating linkages of potential SMEs with large companies, MNCs, retailers; and
- Assisting MSMEs in a better coordinated and structured form as SME Corp. Malaysia can concentrate on improving the capacity building of 3-Star companies and below, while the 4 and 5-Star companies can be groomed and launches into international market.
What is SCORE?
SCORE is a diagnostic tool which assigns star ratings to indicate the performance level of MSMEs based on a seven assessment criteria such as financial strength, business performance, human resource, technology acquisition and adoption, certification and market presence.
Important Announcement:
- It is compulsory to undergo MSME Status evaluation and obtain the MSME Status Certification. Please apply here [click]
- Effective 1st June 2022, a fee of RM600 will be charged for SCORE assessment per company.
How to register?
- Please visit https://mybpi.smecorp.gov.my/
For further information, please contact:
SCORE SECRETARIAT
SME Corp. Malaysia
Level 5, SME 1, Block B, Platinum Sentral
Jalan Stesen Sentral 2
Kuala Lumpur Sentral
50470 Kuala Lumpur
Secretariat: 03-2775 6308 / 6066 / 6068
Email : This email address is being protected from spambots. You need JavaScript enabled to view it.
