Get a 50% matching grant up to RM 5,000

It’s time to digitalise your business by taking advantage of the MDEC SME Digitalisation Grant!

* For a limited time only
* Limited to first 100,000 SMEs application

Elevate Your Business to the Next Level

The Ministry of Finance (MOF) is collaborating with Malaysia Digital Economic Corporation (MDEC), Bank Simpanan Nasional (BSN), and SME Bank to offer grant to eligible Small & Medium Enterprises (SMEs) to adopt digitalisation into their business operation. Do not miss this opportunity if you are going digital.

We are honoured to be chosen as one of the Technology Services Provider (TSP) of this program to assist the SMEs journey to digitalisation.

O2O Digital Services you can apply for this Grant

With more than 10 years of experience in the industry, we are here to help you grow your business effectively. 
Apply SME Digitalisation Grant now!

E-commerce website development

E-commerce Website Development

Providing a feature-rich platform that allows businesses to sell and market online.
E-commerce website development

Corporate Website Development

Professional website design that prioritise visuals and functionality
of a business website.
E-commerce website development

Search Engine Optimisation

Ultimate SEO strategy to strengthen your online business presence.

E-commerce website development

Google Ads

It’s important to increase brand awareness and brand equity of your product & services.
E-commerce website development

Facebook Ads

We focus on targeting the right audience.

SME Digitalisation Grant Eligibility

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 (6) months; and

The SME/Coop has minimum average annual sales turnover of RM50,000.

Required Documents

  • Completed SME Digitalisation Initiative Application Form.
  • A copy of the Identification Card or Passport of Director (s) / Partner (s) / Proprietor(s) of the SME, whichever is applicable.
  • A copy of the SME's business registration licences (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 SME’s bank statement for the last two (2) months;
  • Quotation/invoice for the selected digitalisation services from the Service Provider listed by MDEC
  • Any other information and documents as and when required by the bank.

How to Apply SME Digitalisation Grant ?

Step 1 Contact us for quotation on a service that is applicable for SME Digitalisation Grant.

Step 2 Applicant to complete and submit application form together with required the supporting documents and Service provider will assist with submission.

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.

Step 4 The Bank will then make a direct 50% payment of the total invoice amount or up to RM5,000.00 to the Service Provider in one lump sum payment or in stages based on the Bank’s discretion.

Frequently Asked Questions

  • 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 over a period of 5 years for the subscription of digital services that will enhance their productivity and competitiveness.

  • What are the grant details for the SME Digitalisation Initiative?
  • What are the Digitalisation services available under the SME Digitalisation Initiative?
  • Who is eligible to apply for the SME Digitalisation Initiative?

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