The favourable provisions for digital adoption set out in the 2020 Budget denotes the government is actively encouraging more local businesses to move rapidly into the technology sphere.

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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..

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Type of Cmapany
Natural of Business
Sales a Year
Company Registered How Long (Year)
Propose of Grant
Cost of the project (RM)
Malaysian shareholder

Eligibility

  • Available to SME and Cooperative (“Koperasi”) registered under the relevant laws of Malaysia

  • Owned by at least 60% of Malaysian

  • Operating for at least six (6) months

  • Has minimum average annual sales turnover of RM50,000

  • Wide range of digitalisation areas:

    1. Electronic Point of Sale System (e-POS)

    2. Human Resource Payroll System (HR) / Customer Relationship Management (CRM)

    3. Digital Marketing / Sales

    4. Procurement

    5. Enterprise Resource Planning (ERP) / Accounting & Taxation

    6. Remote Working

    7. e-Commerce