What is Inclusive Business (IB)

Based on the ASEAN Inclusive Business Framework (AIBF) endorsed in 2017, Inclusive Business (IB) models are businesses that provide goods, services, and livelihoods on a commercially-viable basis, either at scale or scalable, to people at the Base of the Economic Pyramid (BoP), making them part of the value chain of companies’ core business as suppliers, distributors, retailers, or customers.

Inclusive Business Value Chain Development Initiative  (IB-VCDI)

SME Corp. Malaysia is reaching out to businesses including GLCs, MNCs, large companies and MSMEs with aspiration for sustainable development to collaborate through the Inclusive Business Value Chain Development Initiative (IB-VCDI). IB-VCDI provides opportunity for the inclusive community to be integrated into the value/supply chain of IB Principal Companies that adopt Inclusive Business (IB) elements in their respective operations.

Launched in August 2022 as a pilot project, IB-VCDI aims to assist potential micro enterprises & inclusive communities including BoP community to generate income via integration into the value chains / supply chains of Principal IB Companies that are identified from amongst SMEs & large companies implementing IB models in their businesses to provide appropriate interventions to their respective target groups

Implementation Mechanism

1. Coaching is provided to potential IB company to assist them to design IB business model prior to appointment as IB Principal Company (SP-IB)
2. Appointed SP-IB to provide training to the inclusive community to ensure compliance with the IB project implementation requirements.
3. Monitoring is undertaken on SP-IB and inclusive community during project implementation

IB Project

A synergistic approach to project implementation requires intervention by both the government and private sector. Interventions vary according to the projects undertaken by the anchor companies in order to integrate the inclusive community into their value/supply chain.

• Farm Fresh IB Entrepreneurs & Home Dealer Project
• Serai Malaya IB Project
• IB Pilot Project in F&B Sector
• IB Entrepreneurship Project through Natural Dye & Eco Printing
• The Rural Community Herbal Garden IB Project
• GK Aqua IB Freshwater Prawn Aquaculture Project
• The Rabbit Farming IB Project
• Sabah Ethnic Motif Design IB Project

Need any clarification or simply want to pitch a project proposal? We are happy to help. Reach out to us via This email address is being protected from spambots. You need JavaScript enabled to view it.