• MICRO, SMALL AND MEDIUM ENTERPRISE DIGITAL GRANT (MSME) MADANI
    Evolve your business to the digital forefront

    Benefits 

    • Grant amounting up to 50% or a maximum of RM 5,000 from total invoice amount
    • Great deals on digital solutions from a wide list of panels listed by MDEC
    • Wide range of digitalisation areas:
      1. Digital Payment / Electronic Point of Sale (e-POS)
      2. Human Resource Payroll System (HR) / Customer Relationship Management (CRM)
      3. Digital Marketing / Sales
      4. Cybersecurity
      5. Enterprise Resource Planning (ERP) / Accounting & Taxation
      6. Digital Signature
      7. IOT / Smart System
      8. Intelligence (Ai)
      9. E-Invoice
    Apply Now
    MICRO, SMALL AND MEDIUM ENTERPRISE DIGITAL GRANT (MSME) MADANI
    Evolve your business to the digital forefront

    Benefits 

    • Grant amounting up to 50% or a maximum of RM 5,000 from total invoice amount
    • Great deals on digital solutions from a wide list of panels listed by MDEC
    • Wide range of digitalisation areas:
      1. Digital Payment / Electronic Point of Sale (e-POS)
      2. Human Resource Payroll System (HR) / Customer Relationship Management (CRM)
      3. Digital Marketing / Sales
      4. Cybersecurity
      5. Enterprise Resource Planning (ERP) / Accounting & Taxation
      6. Digital Signature
      7. IOT / Smart System
      8. Intelligence (Ai)
      9. E-Invoice
    Apply Now

This is your chance to digitize your business! In line with the Madani Budget 2025, the Malaysian Ministry of Finance (MOF) is now offering grants to Micro, Small & Medium Enterprise (MSME) to digitize your business operations!

APPLICANT ELIGIBILITY

  • PMKS/Cooperatives/Professional Service Providers are owned by at least 60% Malaysian citizens.
  • PMKS is registered with the Companies Commission of Malaysia (SSM) / Business License with Local Authorities (PBT) and is also open to Cooperatives registered with the Malaysian Cooperative Commission (SKM) and Professional Service Providers registered under the respective statutory or regulatory authority or body.
  • PMKS/Cooperatives/Professional Service Providers have been in operation for a minimum of six (6) months.
  • PMKS/Cooperatives/Professional Service Providers have an annual average sales turnover of at least RM50,000.

REQUIRED DOCUMENTS

  • A copy of the identification card or passport of the Owner / Director / Partner of PMKS / representative appointed by the Cooperative/Professional Service Providers, as applicable.
  • A copy of the PMKS registration license (SSM or any similar form under the Companies Act 2016), while for Cooperatives, a copy of the registration certificate from the Malaysian Cooperative Commission and for Professional Service Providers, the relevant certificate of registration from the respective statutory or regulatory bodies.
  • The latest audited financial statements or the latest financial management account statement or PMKS bank statements for the last two (2) months.
  • Quotations / payment invoices from appointed service providers.
  • Other documents and information required by BSN from time to time.

APPLICATION STEPS

  1. PMKS should communicate and appoint one or more service provider panels to carry out any Digital Service (up to a maximum of three (3) Digital Services).
  2. PMKS must submit their applications through the provided online platform.
  3. If any provided information is found to be inaccurate and/or false, BSN reserves the right to request additional documents from PMKS and/or reject PMKS's application.
  4. Within fourteen (14) days after the approval of PMKS's application, PMKS must pay the difference amount to the service provider for the entire invoice amount after deducting the grant amount provided under this Initiative for each Digital Service.
  5. Upon receiving proof of payment, BSN will make full or staggered payments to the service provider at BSN's discretion.
  6. The allocation of RM5,000.00 (Malaysian Ringgit FiveThousand) is subject to any directives issued by the Ministry of Finance Malaysia from time to time.
  7. The allocation of RM5,000.00 (Malaysian Ringgit FiveThousand) is subject to any directives issued by the Ministry of Finance Malaysia from time to time.
  8. PMKS must ensure that training modules and other digitalization activities specified by the service provider are implemented perfectly.
  9. PMKS must submit Proof of Activation if requested by BSN at any time.
  10. PMKS must ensure that the implementation process of Digital Services funded by this Initiative is carried out in full.
  11. While participating in this Initiative, PMKS must prioritize the importance of maintaining the reputation of PMKS, BSN, MDEC, MCMC, and the Ministry of Finance. PMKS is strictly prohibited from engaging in illegal business activities that could tarnish the image of PMKS, BSN, MDEC, MCMC, and the Ministry of Finance.
  12. If PMKS fails to comply with any conditions, BSN and MDEC will take appropriate action, and the company's name will be blacklisted from participating in any digitalization initiatives organized by BSN or any other government agency.

NOTES:

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