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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

The SME is 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 account with official company stamp and signature on every relevant page, inclusive of page 1 and all pages of the statement of changes in equity, statement of cash flow, and notes to financial statements.
Latest 2 months management account (P&L and Balance Sheet) with official company stamp and signature
Company’s bank statement for the last two (2) months
Company’s profile (optional)
Invoice/Billing and Service agreement (Service Order Form) from authorized vendor listed by MDEC (Both documents need client’s official company stamp and signature)
Any other information and documents as and when required by the bank