sme digitalisation grant

Propelling SMEs into the Digitals World

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 and Malaysia Digital Economy Corporation (MDEC) in managing the grant to eligible Small & Medium Enterprises (SMEs) to adopt digitalisation in daily operations.


Digitalisation Areas

The Government has identified 5 Key Digitalisation Areas that should be adopted by SMEs.

Applicant Eligibility

1

Available to SME and Cooperative (“Koperasi”) registered under the relevant laws of Malaysia

2

The SME is at least 60% owned by Malaysian

3

The SME/ Coop has been in operation for at least (6) months

4

The SME/Coop has minimum average annual sales turnover of RM50,000

TRANSFORM YOUR BUSINESS TODAY

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

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