MDEC Business Digitalization Grant

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

✓ Business registered in Malaysia.

✓ Minimum average annual sales turnover of RM50,000.

✓ 60% owned by Malaysian.

✓ In operation for at least (6) months

7 Digitalisation Areas

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

E-Commerce

HR & Payroll System

ERP/Accounting & Tax

Digital Marketing &/Sales

Procurement

E-POS System

Remote Working

Applicant Eligibility

Is your business eligible to apply for the matching grant? Run a quick check here…..

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

The SME is at least 60% owned by Malaysian

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

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

Required Documents

We can help you to submit your application, but do get ready with these documents…

For SME applicants:

Completed SME Digitalisation Initiative Application Form.

A copy of the Identification Card or Passport of Director (s) / Partner (s) / Proprietor(s) of the SME / applicant appointed by the Coop , whichever is applicable.

A copy of the SME’s business registration licenses (CCM or any similar forms under the Companies Act 2016). For Coop, a copy of SKM registration certificate.

Latest audited financial statements or latest financial management account statement or the bank statement for the latest two (2) months;

Quotation/invoice for the selected digitalisation services from the Service Provider listed by MDEC; and

Any other information and documents as and when required by the bank.