SME Digitalization Grant Official Discontinued

SME Digitalization Grant Official Discontinued

SME Digitalization Grant is a Budget 2020 effort to assist SMEs to incorporate digitalization in their business operations. For the subscription of authorized digital services, The Ministry of Finance (MOF), in collaboration with Bank Simpanan Nasional, SME Bank and Malaysia Digital Economy Corporation (MDEC) will offer each company a 50% matching incentive, up to RM5,000, through this project. The first 100,000 SMEs can only receive the incentive, valued RM500 million over five years. Digitalization reduces transaction costs by providing better and quicker access to information, and communication between staff, suppliers and networks.

We are sad to inform you that we received an email from MDEC to announce that the SME Digitalization Grant which was established on 17 February 2020 and this grant will be officially discontinued from 27 October 2022. Therefore, we are not receiving the SME Digitalization Grant anymore from the clients. The grant will be open back until further notice from the MDEC. We will continue to receive the SME Digitalization Grant once it’s open back.

For those who are still under application, we will continue to help to follow up with Bank Simpanan Nasional (BSN) for the approval of the grant.

If anyone has any questions, please feel free to contact us at:
https://go.bigdomain.my/marketing