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MDEC

SME DIGITALISATION MATCHING GRANT

The Malaysia government has allocated RM500 million to help the first 100,000 Malaysia SMEs to adopt and digitalise the business with 50% Matching Grant application of up to RM5,000 per company.

The SME is at least 60% owned by Malaysian

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

The SME has been operating for at least six (6) months.

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

MDEC

HOW TO APPLY

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  1. Contact and appoint us as panel of Service Providers to perform any of the digitalisation services available (maximum of 3 panels).
  2. Complete and submit the application (MDEC) form together with the required supporting documents to any of the BSN’s branches.
  3. Once the SME’s application is approved, pay the difference of the total invoice after deducting the subsidized amount granted from the Initiative and to provide proof of payment to any of the BSN’s branches.
MDEC

APPLICATION PROCESS

ORDER FORM/QUOTATION
ORDER FORM/QUOTATION
Chop & sign the order form / quotation, email the signed copy to us email: sales@beanse.com as confirmation.
01
INVOICING
INVOICING
BeanSE’s will issue invoice to you
02
DOCUMENTATION
DOCUMENTATION
Please prepare the documents based on the checklist
03
SUBMISSION
SUBMISSION
BeanSE team will assist applicant for the documentation checking & submit to BSN banker.
04
APPROVAL / REJECT
APPROVAL / REJECT
Applicant will receive SMS from BSN banker for the grant approval status.
05
PAYMENT
PAYMENT
Based on the approval of the grant amount, applicant shall need to pay for the balance after deduct from the grant amount. Official receipt will issue and submit to BSN banker by BeanSE.
06
GRANT PAYMENT
GRANT PAYMENT
Grant payment will be issue by BSN to BeanSE – Technology Service Provider (TSP)
07
MDEC

CHECKLIST

Required Documents
Type of Entity
Sdn Bhd Registered
Before 31 Jan 2017		Sdn Bhd Registered
After 31 Jan 2017		PartnershipSole Proprietor
SME Digitalisation Initiative Application Form (BSN)
Copy of Identity Card or PassportDirector(s)Director(s)Partner(s)Proprietor(s)
Copy of business registration licenses• Form 9, 24, 49, and M&A (Compulsory need to submit)
• Form 13 (if any)		• Section 17, 14, and 58 (Compulsory need to submit)
• Section 28 and 78 (if any)		Form A / B
(Compulsory need to submit)		Form A / B
(Compulsory need to submit)
Latest audited financial statements or latest financial management account statements
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.