BUILDING DIGITAL COMPANIES

The favourable provisions for digital adoption set out in the 2020 Budget denotes the government is actively encouraging more local businesses to move rapidly into the technology sphere.

The Government will provide a 50% matching grant of up to RM5,000 per company for the subscription of the above services. This matching grant will be worth RM500 million over 5 years, limited to the first 100,000 SMEs applying to digitalise their business operation..

Strategic Collaboration Efforts

The government through Ministry of Finance (MOF) is working together with Bank Simpanan Nasional, SME Bank and Malaysia Digital Economy Corporation (MDEC) in managing the grant to eligible Small & Medium Enterprises (SMEs) to adopt digitalisation in daily operations.

7 Digitalisation Areas

The Government has identified 7 Key Digitalisation Areas that should be adopted by SMEs.

DIGITAL MARKETING &/SALES

ELECTRONIC POINT OF SALES (e-POS) SYSTEM

HR PAYROLL SYSTEM/CRM

PROCUREMENT

ECOMMERCE

REMOTE WORKING

ERP/ACCOUNTING & TAX

SMEs Eligibility

In order to further develop Malaysia’s digital adoption ecosystem, we’ve set out key strategic initiatives that would guide us in our actions.

The company is at least 60% owned by Malaysian.
The company registered under the relevant laws of Malaysia
The SME has been in operation for atleast one (1) year
Company operation in one (1) year, company required to have a minimum annual sales turnover of RM 100,000.
Company operation > two(2) years, company required to have a minimum annual sales turnover of RM 50,000 (preceding two (2) consecutive years).

Check out the Application Guidelines

CLICK HERE

TRANSFORM YOUR BUSINESS TODAY

Get your Matching Grant up to RM 5,000 with SME Digitalisation Initiative

Apply Now

BE A PART OF THE TECHNOLOGY SOLUTION PROVIDERS

Technology Solution Providers (TSPs) are local technology companies identified to support Malaysian SMEs in digital adoption under the SME Business Digitalisation Grant

APPLY NOW

LIST OF TECHNOLOGY SOLUTION PROVIDERS

VIEW FREQUENTLY ASKED QUESTIONS (FAQ)

IMPORTANT DATE


SEPTEMBER

SUBMISSION CLOSING DATE:
30 SEPT 2020

PRESENTATION TO GRANT COMMITTEE: 23 OCT 2020

OCTOBER

SUBMISSION CLOSING DATE:
30 OCT 2020

PRESENTATION TO GRANT COMMITTEE: 23 NOV 2020

NOVEMBER

SUBMISSION CLOSING DATE:
30 NOV 2020

PRESENTATION TO GRANT COMMITTEE: 23 DEC 2020

DECEMBER

SUBMISSION CLOSING DATE: 30 DEC 2020

PRESENTATION TO GRANT COMMITTEE: 23 JAN 2020

Note: There might be some minor changes on the dates above.