SME DIGITALISATION INITIATIVE

Malaysian Government is Giving Out 50% Subsidy to Small & Medium Enterprises (SMEs)

Enjoy up to 50% Government Subsidy

What is SME Digitalisation Initiative?

SME Digitalisation Initiative is a new grant initiative provided by the Ministry of Finance Malaysia to assist Small and Medium Enterprises (“SME”) to adopt digitalisation in their business operations. As announced in Malaysia’s 2020 Budget presentation, the Government will provide a 50% matching grant of up to RM5,000.00 per SME for the subscription of digital services that will enhance their productivity and competitiveness. Sign up now before the grant runs out and propel your business to the forefront of the online business now!

Get your matching grant up to RM5,000 with us.

Certified TSP

Lead By

Partner

An Initiative Under

7 Digitalisation Areas

DIGITAL MARKETING & SALES

ELECTRONIC POINT OF SALES (e-POS) SYSTEM

HR PAYROLL SYSTEM/CRM

PROCUREMENT

ECOMMERCE

REMOTE WORKING

ERP/ACCOUNTING & TAX

SMEs Eligibility

Now’s your chance to get your business digitalized!

The company is at least 60% owned by Malaysian.

The company registered under the relevant laws of Malaysia

The SME has been in operation for at least one (1) year

Company operation in one (1) year, company required to have a minimum annual sales turnover of RM 100,000.

Company operation > two(2) years, company required to have a minimum annual sales turnover of RM 50,000 (preceding two (2) consecutive years)

How To Apply For The SME Digitalisation Grant?

Step 1 : The SME must contact and appoint one or more services provided by Infollective Solutions Sdn Bhd (Technology Solution Provider Authorized by MDEC) to perform any of the digitalisation services available (maximum of 3 digital services).

Step 2 : The SME must complete and submit the application form together with the required supporting documents to the Service Provider (Infollective Solutions Sdn Bhd).

Step 3 : Once the SME’s application is approved, subject to the total invoice amount, the SME is responsible to pay the difference of the total invoice after deducting the subsidised amount granted from the Initiative for each digitalisation service to the Service Provider (Infollective Solutions Sdn Bhd).

Step 4 : Once the SME’s application is approved, subject to the total invoice amount, the SME is responsible to pay the difference of the total invoice after deducting the subsidized amount granted from the Initiative for each digitalisation service to Service Provider (Infollective Solutions Sdn Bhd).

Step 5 : The Bank will then make a direct 50% payment of the total invoice amount or up to RM5,000.00 to the Service Provider (Infollective Solutions Sdn Bhd) in one lump sum payment or in stages based on the Bank’s discretion.

Check your eligibility for the MDEC Grant

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