Business Digitalisation Grant
Digitalise Your Business with JERP
Get your Matching Grant up to RM 5,000 with SME Digitalisation Initiative (Application Closed 20th June 2022）
What is SME Digitalisation Grant?
An Initiative Under Budget 2020
The government is actively encouraging more local businesses to move rapidly into the technology sphere.
The Grant
The government will provide a 50% matching grant of up to RM5,000 per company
for the adoption of the digital services from the list of approved Technology Software Provider.
Who Benefits
The matching grant will be worth RM500 million over 5 years, limited to the first 100,000 SME applicants.
SME Eligibility
- The SME is at least 60% owned by Malaysian invidually;
- The SME is registered under the relevant laws of Malaysia and classified as SME;
- The SME has been in operation for at least one (1) year; and
- For SMEs which has been in operation for one (1) year, the SME is required to have a minimum annual sales turnover of RM100,000.00 for the first year; and
- For SMEs which have been in operation for two (2) years or more, the SME is required to have a minimum annual sales turnover of RM50,000.00 for the preceding two (2) consecutive years.
Required Documents
- Completed SME Digitalisation Initiative Application Form.
- Copy of Identity Card or Passport of Director (s) / Partner (s) / Proprietor(s), whichever is applicable.
- Copy of business registration licenses (CCM, Form A/B, Form 24 & 49 and M&A or any similar forms under the Companies Act 2016).
- Audited financial statement for the last financial year and the latest management account. (if any) or evidences of sales turnover (if any).
- Company's bank statement for the last two (2) months.
- Company's profile (if any).
- Invoice/billing and service agreement from authorized vendor listed by MDEC.
- Any other information and documents as and when required by the bank.
SME Defination
Under the new definition, all SMEs must be entities registered with SSM or other equivalent bodies. It however, excludes:
- Entities that are public-listed on the main board; and
- Subsidiaries of:
- Publicly-listed companies on the main board;
- Multinational corporations (MNCs);
- Government-linked companies (GLCs);
- Syarikat Menteri Kewangan Diperbadankan (MKDs); and
- State-owned enterprises.
Why Choose Goldsoft
Approved by MDEC as one of the Technolgy Solution Provider
Anytime, Anywhere
Manage business operations anytime, anywhere through a web browser. No longer to be based at office to get work done.
End-to-end control purchases, inventory, accounts and reports for retail, consignee, franchisee, outright and online channels.
Real-Time Insights
Easily view your business sales through real-time dashboard from phones, tablets or pc.
Mobility Technology
Mobile responsive mobile scanning to increase stock accuracy throughout inventory processes.
FAQS
Here are answers to some questions regarding SME Digitalisation Grants.