SME Digitalisation Grant is a Budget 2020 initiative to encourage SMEs to adopt digitalisation in their business operations. Through this initiative, the government will provide each company with a 50% matching grant, up to RM5,000 for the subscription of approved digital services. The grant worth RM500 million over 5 years is limited to the first 100,000 SMEs.

• Digital Marketing / Sales
• Electronic Point of Sales (e-POS) System
• HR Payroll System / CRM
• Procurement
• ERP / Accounting & Tax
• Remote Working
• e-Commerce

• 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 six (6) months; and
• The SME/Coop has minimum average annual sales turnover of RM50,000.

• 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.

• The Applicant must contact and appoint one or more services of Service Providers listed by MDEC to perform any of the digitalisation services available (maximum of 3 digital services).
• The Applicant must complete and submit the application form together with the required supporting documents to the Service Provider.
• The Service Provider is to submit the application form together with the supporting document to the Bank.
• Once the application is approved, the applicant is responsible to pay the 50% from the total invoice or more which Bank will only make payment 50% or up to RM5,000.00 to the Service Provider.