SME Digitalisation Grant is allocated by Malaysian Ministry of Finance (MOF) in the 2020 Budget to encourage more local businesses to move rapidly into the technology sphere. This is a 50% matching grant of up to RM5,000 per application, co-managed by Bank Simpanan Nasional and Malaysia Digital Economy Corporation (MDEC).
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The following SME and Cooperative are eligible to apply:
- registered under relevant laws of Malaysia;
- at least 60% owned by Malaysian;
- has been in operation for at least six (6) months;
- has minimum average annual sales turnover of RM50,000.
Application Flow:
- Subscribed to LEX10-Office;
- Pay 50% of invoiced amount to LEX10;
- Submit application form and supportive documents to BSN via LEX10.