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RM5000 Grant


Now’s your chance to get your business digitalized! The Ministry of Finance (MOF) is now offering SME Digitalisation Initiative grants up to RM5000 for SME to adopt digitalisation in daily operations.

List Of Services Offered:

E-Commerce System Development

With Payment Gateway

Starts From RM6,000 To RM14,000
Per Project

Apply Now

SEO (Search Engine Optimization)

Free Google Listing

Starts From RM10,000 To RM20,000
Per Project (6 Months Project)

Apply Now

Google Advertising

Paid Google Listing

Starts From RM3,000 (Not Inclusive of Ads Spending)
Per Month (Minimum of 3 Months Campaign)

Apply Now

Facebook Ads

Paid Facebook Marketing

Starts From RM3,000 (Not Inclusive of Ads Spending)
Per Month (Minimum of 3 Months Campaign)

Apply Now

Terms & Conditions

SME Eligibility:

  • Available to SME and Cooperative (“Koperasi”) registered under the relevant laws of Malaysia;
  • The company is at least 60% owned by Malaysians.
  • The SME/ Coop has been in operation for at least (6) months; and
  • The SME/Coop has a minimum average annual sales turnover of RM50,000.

Required Documents:

  • Copy of Identity Card or Passport of Director (s) / Partner (s) / Proprietor (s), whichever is applicable.
  • Company’s bank statement for the last two (2) months.
  • Quotation/invoice and service agreement from authorized vendor lister by MDEC.
  • Complete Application Form & Declaration Form. 
  • Copy of business registration licenses (CCM, or any similar forms under the Companies Act 2016).

Application Flow:

  • SME to contact and appoint TSP for digitalisation service.
  • SME to complete and submit the application form along with required documents to TSP. 
  • TSP is to submit the application form together with the supporting documents to the Bank.
  • Once the SME’s application is approved, the SME is responsible to pay the difference of the total invoice after deducting the subsidized amount granted from the initiative for each digitalisation service to TSPs.
  • The Bank will make a direct 50% payment or up to RM5,000 to TSP.

Grant Value Of


Available To Be Claim By
Minda Trafik’s Client

Frequently Asked Questions (FAQ)

Is the company operation must be at least more than 1 year?

Yes. We are not focusing on mature companies.

If the contract is for 5 years, can we apply for the grant based on the 5 years invoice ?

No. TSP will need to separate the invoice to 1 year of service only. 

If a company sign up for 2 years and payment milestones are quarterly basis, will BSN/SME BANK accept the application?

Yes, if they meet the criteria. However, quarterly payment may be a little hassle and a 1-year pay-out is preferred.

If a company applies for 2 solutions, do they need to submit 2 applications?

No. Only 1 application is acceptable and up to 3 solutions with a max RM5000 grant.

If a company applies from multiple TSPs, do they have to apply for multiple applications?

No. Only 1 application and the solutions should not duplicate from 1 TSP to another.

Can the company apply for software enhancement/upgrade?

The application is only for new solutions and not for new versions or upgrades. The intention is for companies to adopt new technology.

Who shall apply for the grant?

SMEs will apply for the grant. 

If SMEs would like to pay the 50% to TSPS prior to approval from SME BANK/BSN, is this possible?

It is possible. However, TSPs will need to take the risk if the application is not approved.

If the company subscription is from 1 Jan 2020 until 31 December 2020, can they apply for the grant?

No. It’s for a new solution and after 17 Feb 2020 only (after the launch date).

Is it acceptable if the invoice is from a third party vendor?

The programme is between SMEs and TSPs within the ecosystem. The invoice should be from selected TSPs only. 

What are Technology Solution Providers (TSPs)?

TSPs are local technology companies identified to support Malaysian SMEs in digital adoption under the SME Business Digitalisation Grant.

Apply Now And Digitalize Your Business

Registration Form