|Current Status||Revenue Generating, Pre-Profit|
|Funding Required||RM600,001 to RM1,000,000|
|Description||The trend in education today in Malaysia is changing its pattern as government is urging vocational education in both government and private institution. It is set to fill up 900,000 skills position in the workforce by year 2020. Student nowadays are seeking for education which leads to job placement, where vocational education can do it by collaboration with industrial partner for immediate placement after the study. Currently we are offering Malaysian Skills Certificate & Malaysia Skills Diploma and also IT-based short courses for working adults.|
|Business Opportunity||To date, there’s no vocational college in Malaysia that offers a wide range of courses; where most of them only offers 1 or 2 specialisation of programme. We aim to expand to become the largest vocational college in Malaysia that offers at least 15 different skills programme that caters the job vacancy needs by the industry by year 2020; where the industry thinks of fresh workforce, they think of us. (Take for example, TAFE South Australia, one of our current collaboration partners).|
|Revenue / Business Model||To the expansion of a variety of programme and the increase of facilities & space after funding, the college can accommodate 300-500 students. The turnover of students is 18 months (Malaysian Skills Certificate) with average annual tuition fees of RM14,400 per student. This will bring a gross revenue of between RM4.32 million to RM7.2 million. Students have option to pay the fees by self-funding, government study loan (PTPK), private cooperation loan (KOJADI) or EPF withdrawal. Extra revenue can be generated via hostel renting, in-house cafe and stationary supplies.|
|Management Team||1. MR CS WONG – The key person who set the company’s direction and recruit management team. He owned a graphic design & printing business formerly and he was appointed as Pegawai JASA (Information Officer) under the Ministry of Communications and Multimedia Malaysia. His experience in both business and government sector has earned him credits to bring in to the current company for future development
2. MDM CHARLENNE ONG – The person who started the institute by offering the professional short course to the working adults. She then later found out that the industry needs for the highly-skilled workers are the high demands and therefore the expansion to offer vocational education is created. She started the vocational education wing in Architectural Drafting, where she was educated and graduated in Bachelor of Architectural Science, Curtin University.
3. MDM SITI ZUBAIDAH BT ZUKI – The head of creative marketing department, which is expertise in the social media marketing strategy from her previous experience working with MIHAS and FCC Malaysia.
|Company Background||Matrix Trinity Sdn Bhd (MTTC), started in year 2011 and based in Puchong, Selangor, offers training programs and workshop for the public and medium to large corporations. The programs offer in MTTC aims to provide delegates a platform to elevate their software performance skills in the exhilarating and rapidly expanding area of creative technology. MTTC are geared towards training professionals who are able to communicate in design-related businesses through visualization and gain a competitive edge for their organizations.
In 2012, MTTC has been granted as Autodesk Inc.’s (United States) Authorized Training Center (ATC) &Authorized Certification Center (ACC) in Malaysia. MTTC is also the sole V-Ray Training Center (VTC) in Malaysia. This allows MTTC to hold the legal licenses & official marketing materials that helps the company in the marketing scheme.
MTTC is also registered as the Approved Training Provider under the Ministry of Finance (MOF) and Pembangunan Sumber Manusia Berhad (PSMB) under HRDF SBL Claimable Scheme for company/corporates that are eligible to claim the fund of training.
MTTC collaborates with Institute of Professional Development, Open University Malaysia, IPD-OUM to offer Professional Certificate course & Executive Diploma course. This allows working adults to enhance their skill related to their working field. The course also allows the delegates to withdraw EPF for the course fees.
In year 2013, MTTC is appointed as the training partner of Multimedia Development Corporation (MDeC) to provide Revit Architecture training & certification under government’s partial sponsorship to working adults. This has encouraged and boosted the participants’ registration to this programme due to very minimal training fees.
Moving further to another milestone, MTTC is now one of the accredited center under the Department of Skills Development of Malaysia whereby we are able to offer Foundation and Diploma studies under Malaysia Skill Certificate for school graduates.
MTTC is also one of the member in the Federation of JPK Accredited Centers, Malaysia or FeMAC from 2015 onwards whereby it is an association made up of members of accredited training provider in various industry.
In addition, MTTC is a well-organized with its organizational chart and fully supported by the experienced full time and part time, certified Instructors; a group of responsible and well trained Administration Executives and the Training/Education Consultation Executives. Each of the staff is playing an essential role in MTTC and is full of passion to bring MTTC to success.
|Funding Milestone||Funding target: RM840,000
Proposed use of fund:
Stage 1: RM440,000 – for facilities expansion & renovation, purchase equipments
Stage 2: RM100,000 – for additional programme application & hiring lecturer
Stage 3: RM300,000 – for exhibition, marketing & branding via different channels
|% Equity Allocation||49|
|Risks and Mitigation||Risks:
– The limitation of government’s funding quota to students’ loan
– The lack of awareness about vocational education among the parents and students in Malaysia
– The high achievers students are mostly not interested in vocational education
|Exit Strategies||Investor can exit in 5 years time by IPO.|
|Company Name||Matrix Trinity Sdn Bhd|
|Business Address||10-1, Jalan Suria Puchong 4, Pusat Perniagaan Suria Puchong|
|Contact Person||Charlenne Ong|