SME Business Digitalisation Grant
Grant Overview
The Government will provide a 50% matching grant of up to RM5,000 per company for the subscription of the above services. This matching grant will be worth RM500 million over 5 years, limited to the first 100,000 SMEs applying to digitalise their business operation.
Grant Details
Grant Type
Matching Grant
Eligibility Criteria
1. The company is at least 60% owned by Malaysian.
2. The company registered under the relevant laws of Malaysia
3. The SME has been in operation for atleast one (1) year
4. Company operation in one (1) year, company required to have a minimum annual sales turnover of RM 100,000
5. Company operation > two(2) years, company required to have a minimum annual sales turnover of RM 50,000 (preceding two (2) consecutive years).
2. The company registered under the relevant laws of Malaysia
3. The SME has been in operation for atleast one (1) year
4. Company operation in one (1) year, company required to have a minimum annual sales turnover of RM 100,000
5. Company operation > two(2) years, company required to have a minimum annual sales turnover of RM 50,000 (preceding two (2) consecutive years).
SectionAdministering Agency / Organization
Agency/Company Name
Malaysia Digital Economy Corporation
Agency/Company Description
MDEC was established in 1996 as the lead agency to implement the MSC Malaysia initiative. Today, we are an agency under the Ministry of Communications and Multimedia Malaysia (KKMM) with a close to 25-year track-record of successfully leading the ICT and digital economy growth in Malaysia. Malaysia’s central geographical location in ASEAN, its young & digitally-savvy population, multicultural & multilingual tapestry, easy access to capital & regional markets, ease of doing business, certainty of business operating environment and legal system, comparative value and high standard of living, makes it the natural choice to land and grow your digital business here.
MDEC’s aspiration is to firmly establish Malaysia as the Heart of Digital ASEAN, a regional digital powerhouse launching global champions to lead the Fourth Industrial Revolution, ensuring our digital economy will drive shared prosperity for all Malaysians.
MDEC’s aspiration is to firmly establish Malaysia as the Heart of Digital ASEAN, a regional digital powerhouse launching global champions to lead the Fourth Industrial Revolution, ensuring our digital economy will drive shared prosperity for all Malaysians.