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.

This program, launched under Budget 2023, is a collaborative effort between the Malaysian government, including the Malaysian Digital Economy Corporation (MDEC), Bank Simpanan Nasional (BSN Bank), and the Malaysian Communications and Multimedia Commission (MCMC).

It specifically targets micro, small, and medium enterprises (MSMEs) in Malaysia, helping them digitize their operations for greater efficiency and growth.

MSME stands for Micro, Small, and Medium Enterprises. These are businesses categorized based on their annual turnover or number of employees. The classification of MSMEs varies across countries, but they generally refer to small-scale businesses that play a significant role in the economy.

Digitalization offers numerous benefits for MSMEs, including improved operational efficiency, enhanced customer engagement, expanded market reach, and access to new business opportunities. By embracing digital technologies, MSMEs can automate processes, streamline operations, reduce costs, and gain a competitive edge in the digital economy.

There are seven (7) types of digitalisation services available as follows:

1. Electronic Point of Sale System (e-POS)
2. Human Resource Payroll System/Customer Relationship Management (CRM)
3. Digital Marketing / Sales
4. Procurement
5. Enterprise Resource Planning (ERP) /Accounting and Taxation
6. Remote Working
7. E-Commerce

No. MSMEs or cooperatives that have previously obtained a Digitalisation Matching Grant are not eligible for the MSME Digital Grant MADANI.

Yes, you can apply.

This grant supports up to 50% of the invoiced total or a maximum of RM5,000.00 for each qualified MSME or cooperative to facilitate digitalisation.

Once you have the grant approval notice, kindly forward your payment receipt and the grant approval notice to [email protected]. We will then reach out to you shortly.

The Malaysian government has launched the Geran Digital PMKS Madani initiative (GDPM) to help MSMEs (micro, small, and medium enterprises) improve digitalization applications in their daily business operations by allocating RM100 million under the Madani Budget 2023. The grant will provide a matching grant of 50% or up to RM5,000 for eligible businesses. The program is part of the government's efforts to reform the digital economy and increase the exposure of MSMEs to the digital era. Bank Simpanan Nasional (BSN) partners with Malaysia Digital Economy Corporation (MDEC) dan Malaysian Communications and Multimedia Commission (MCMC) in advancing this commitment, further championing the vital role played by these economic pillars