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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

CHECKLIST

Required Documents
Type of Entity
Sdn Bhd Registered Before 31 Jan 2017 Sdn Bhd Registered After 31 Jan 2017 Partnership Sole Proprietor
SME Digitalisation Initiative Application Form (BSN)
Copy of Identity Card or Passport Director(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 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.