What is MSME Digitalization Grant 2024?
This program is an initiative by the government to encourage local “Micro” and “SME” businesses to implement digitalization. The grant covers 50% of the invoiced amount or up to RM5,000.00 for each eligible MSME.
Are You Eligible?
- Malaysian-Owned : MSMEs / Cooperatives must be at least 60% owned by Malaysian citizens.
- Registration Requirements : Must be registered with the Companies Commission of Malaysia (SSM) / Local Authorities (PBT) or Malaysia Co-operative Societies Commission (SKM).
- Operating Duration : The business should be operating for at least six months.
- Annual Turnover : Must have an annual turnover of an average of at least RM50,000.
- Previous Grants : MSMEs/Cooperatives must not have received previous Digitalisation Matching Grants.
Required Documents
- Identification : Copy of identity card or passport of director(s) / partner(s) / proprietor(s), whichever is applicable.
- Business License : Business registration documents / SSM business profile / SKM registration docs
- Financial Documents : Latest audited accounts, management accounts, or latest two-month bank statements.
MSME Digitalization Grant 2024 Registration Form