Develop A Business Model Canvas (BMC), Business Plan and BMC Explanation from A Cases Below

Each student is required to develop a business idea generation through a BMC, 1-page Business Plan and BMC explanation considering you are:

1. Runs a business / partnership during MCO in 2021 as mentioned in Case Study 1;
2. Using the some of the PENJANA Initiatives mentioned in the Case Study 2, assuming you are eligible to all these initiative for your propose business;

Use the situation and opportunities mentioned in Case Study 1 and 2 to develop your propose business idea.

CASE STUDY 1: BAZAARS, SCHOOLS TO CLOSE, NO DINE-IN UNDER TARGETED MCO, SAY SOURCES

Source: https://www.thestar.com.myewsation/2021/05/02/pm-mco-to-be-reviewed

PETALING JAYA, Sunday, 02 May 2021: The movement control order will be reviewed, especially in states where there has been a surge in the number of Covid-19 infections, says Prime Minister Tan Sri Muhyiddin Yassin.

This re-evaluation is necessary to curb the increasing spread of the virus which is happening not only in Malaysia, but also globally, he said.

He said that premises which had been visited by a big number of those found positive for Covid-19 would be asked to close.

In a statement yesterday, he said the government had used an early warning system known as Hotspots Identification for Dynamic Engagement (HIDE) to identify areas and premises which were at high risk of transmitting the disease.

This approach is in line with the governments decision to have a targeted approach in controlling and curbing Covid-19.

Through this system, monitoring is done every day to identify high-risk public locations, said Muhyiddin.

Sources told The Star that a two-week targeted MCO will be enforced in Selangor, Kuala Lumpur, Penang, Johor and Sarawak from tomorrow. According to them, the new MCO will be similar to MCO 2.0, which took place between Jan 11 and 26 in parts of the country, in which economic activities were allowed but schools were closed and social and religious activities barred.

It is learnt that no dine-in will be allowed at eateries.

One source said an announcement on the new (targeted) MCO will likely be made tomorrow.

He said the government had to tread carefully in implementing the MCO as it would impact Hari Raya celebrations as well as the possibility of affecting the many Ramadan bazaars which were allowed to operate during the fasting month.

It is learnt that Ramadan bazaars in areas under the targeted MCO will have to close. In Penang, those located in the southwest district will not be affected.

The MCO in five districts in Kedah yesterday is part of the proposal which was presented to the National Security Council on Friday. But we decided to impose it on Kedah earlier as the situation is alarming, he said.

Health Minister Datuk Seri Dr Adham Baba signed a gazette yesterday declaring MCO in five districts in Kedah, namely Kota Setar, Kuala Muda, Bandar Baru, Baling and Kulim.

The government has agreed to implement MCO in these five districts in Kedah beginning today (yesterday) until May 14, he said.

This is a decision made for the safety of the people, he said when contacted.

In explaining the MCO, one source said: Economic activities will continue as people have to go to work, but those who can work from home will be encouraged to do so.

Schools in MCO states will also likely be closed this time due to many education clusters, the source said.

Furthermore, there are only five more school days before schools close for the Raya break, and another two weeks of online learning, as announced by the Education Ministry.

As for social and religious functions, he said such events would either be put on hold or permitted with a minimal number of people in attendance.

We will most likely be having a Raya celebration similar to the one last year where only immediate family members in the same household were allowed. And no open houses.

Interstate travel for balik kampung is not allowed, he said, adding that the number of people in a vehicle could also be restricted.

CASE STUDY 2: PENJANA INITIATIVES; PENJANA THRUST 2: PROPEL BUSINESSES.

Source: https://www.pmo.gov.my/penjana-initiatives/?tx_post_tag=penjana-thrust-2

The Government of Malaysia under the leadership of the Prime Minister is committed to helping its citizen who is in need, especially during the COVID-19 pandemic.

Here are some of the initiatives introduced under the PENJANA for quick reference:

Funds to Assist SMEs

Additional fund of RM 500 million under the Micro Credit Scheme through BSN at 2% interest rate without collateral Financing up to RM 300,000 to SMEs with businesses less than 4 years under Credit Guarantee Corporation Malaysia Berhad.

Micro and SMEs E-Commerce Campaign

Eligible Micro, Small and Medium-Sized Enterprises (MSMEs) will be on-boarded onto e-commerce to shift towards business digitalization. Participating e-commerce platforms will support MSMEs in on-boarding training, seller subsidy and sales support

SMART Automation Grant

SMEs and mid- tier companies in the services sector are now able to kickstart their digital adoption journey and increase their digital capabilities to continue striving forward in this new norm. Each successful application will receive up to 50% of the total project cost, subject to a ceiling limit up to RM200,000 or, whichever is the lowest.

MyAssist SME One Stop Centre

To provide guidance and facilitate the recovery process for Micro enterprises and SMEs. An online one-stop business advisory platform for the Micro enterprises and SMEs will be set up to enhance the outreach of the existing physical SME Hub.

Bumiputera Entrepreneurship Financing

To ensure sustainability of Bumiputera entrepreneurs through financial support. Financing can be applied from PUNB as well as MARA.

SME Go Scheme

To assist contractors who have been awarded a contract from Federal or State Governments, Ministries, Departments or Agencies. The contract will be financed by SME Bank via MySMEBina for construction or infrastructure contracts and/or MySMEBekal for supply or maintenance contracts.

Shop Malaysia Online

The Shop Malaysia Online campaign is to encourage e-commerce consumption using e-vouchers which is co-funded by the government and e-commerce platforms.

PENJANA Tourism Financing

To finance transformation initiatives by SMEs in the tourism sector to remain viable and competitive in the new normal

Social Impact Matching (SIM) Grant

The SIM grant totaling RM10 million, a PENJANA initiative, was introduced to support social enterprises and social innovation in Malaysia. For every ringgit earned through crowdfunding, SIM Grant will match that amount, in a 1:1 ratio.

Formatting of the documents:

Part C: Maximum 2 pages is allowed. You must use Times New Roman, without any spacing, font size ranging from 9 to 11 point.

PART C: BUSINESS MODEL CANVAS EXPLANATION (10 Marks) Explanation BMC Element Key Partnership Key Activities Value Proposition Customer Relationships Customer Segments Key Resources Channels Cost Structure Revenue Streams