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SIDEC

SIDEC SME Digitalisation Matching Grant

The Selangor government is providing a 50% matching grant or a maximum of RM5,000 for state SMEs to subscribe to the chosen digital service provider. The grant, worth a total of RM5 million, aims to help Selangor SMEs to digitalise their businesses in weathering the Covid-19 storm.

Registered Under the Relevant Laws of Malaysia

Must be at least 51% owned by Malaysians

Business Address or Operation Address Registered in Selangor only

In Operation for at least 1 year

Required to have a Minimum Annual Sales Turnover of RM300,000 and not Exceeding RM3 million

Limited to one (1) application per company only. However, SMEs are allowed to apply to up to three (3) digital services with one (1) or more service providers that ore endorsed by Sidec

SIDEC

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 (SIDEC) form together with the required supporting documents to service provider.
  3. Once the SME’s application is approved by SIDEC via email, pay the difference of the total invoice after deducting the subsidized amount granted from the Initiative, we shall kick start your project, provide proof of activation, report & acceptance letter from SMEs to SIDEC.
MDEC

APPLICATION PROCESS

APPLICATION
APPLICATION
Open for SMEs/DSPs to apply
01
EVALUATION
EVALUATION
Application reviewed by Special Evaluation Committee
02
APPROVAL
APPROVAL
DSPs & SMEs will receive notification of approval via email (21 working days)
03
ACTIVATION
ACTIVATION
Digitalisation systems to be properly implemented within 1 month
04
PROOOF OF ACTIVATION
PROOOF OF ACTIVATION
DSPs must provide proof of activation and report to Sidec
05
APPROVAL
APPROVAL
Grant payment will be issued to DSPs’ accounts (21 working days)
06
SIDEC

CHECKLIST

Sdn Bhd Company Sole Proprietorship
Copy Of MyKad
Copy of business registration licenses CCM, Form A/B, Form 24 & 49 and M&A or any similar forms under the Companies Act 2016 CCM, Form 9 or any similar forms under the Companies Act 2016A
Utilities bill
Audited financial statement for the last financial year or the latest management accounts
Company’s bank statement last two (2) months last six (6) months
Company’s profile
Quotation from authorised vendor listed by Sidec