SME DIGITALISATION
Start and Enhance your online business or make your website better with SME Digitalisation.
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What is SME Digitalisation Initiative?
SME Digitalisation Initiative is a new grant initiative provided for Small and Medium Enterprises (“SME”) in Malaysia to adopt digitalisation of business operations. As announced in Malaysia’s 2020 Budget presentation, Government will provide a 50% matching grant of up to RM5,000.00 per SME over a period of 5 years for digital services subscription that will enhance their productivity. Sign up now before the grant runs out and bring your business to the forefront of the online business now!
Claim your grant up to RM5,000 with us.
Everything you need for Business Digitalisation
Domain Name
Online presence of a business starts with domain name. Get your desired domain name to match your online business. We will assist you in building and expanding your online footprint.
Web Hosting
Choose from variety of reliable, powerful and affordable web hosting services. We offer Linux & Windows Web Hosting, Business Hosting, WordPress Hosting, VPS Hosting, Dedicated Server Hosting, Colocation Service and full range of SSL certificates.
Web Design
We have designed hundreds of website for over 8 years and we understand your online business needs. We provide a wide range of web design services from WordPress websites to E-commerce websites.
E-Commerce
Easily expand and enhance your website to a powerful e-commerce online shop providing the best online shopping experience to your target customers. Various payment methods included such as the latest mobile wallets.
SEO Marketing
Build an online marketing strategy for an overall advantage of your online advertising including Google Ads and Facebook Ads. Our online marketing solutions are managed by a team of SEO experts to guarantee top ranking for keyword searches.
Grant Application Workflow
- STEP 1: SME to contact and appoint Mondoze for digitalisation service.
- STEP 2: SME to complete and submit application form along with required documents to Bank Simpanan Nasional (BSN) preferably in Shah Alam HQ.
- STEP 3: BSN process application.
- STEP 4: Upon approval, BSN will contact SME to sign Letter of Offer (LOA).
- STEP 5: SME to pay 50% of the invoice value, submit the payment receipt and the signed LOA to Mondoze.
- STEP 6: Mondoze to submit the payment receipt and LOA to BSN.
- STEP 7: BSN disburses remaining amount to Mondoze's account.
Grant Features
- 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:
- Electronic Point of Sale System (e-POS)
- Human Resource Payroll System (HR) / Customer Relationship Management (CRM)
- Digital Marketing / Sales
- Procurement
- Enterprise Resource Planning (ERP) / Accounting & Taxation
- Remote Working
SME Eligibility
- The SME is at least 60% owned by Malaysians.
- The SME is registered under the relevant laws of Malaysia and classified as SME.
- For SMEs which has been in operation for one (1) year, the SME is required to have a minimum annual sales turnover of RM100,000.00 for the first year
- For SMEs that have operated for more than two (2) years: minimum annual sales turnover of RM 50,000 in two (2) consecutive years.
Required Documents
- Completed SME Digitalisation Initiative Application Form.
- Copy of Identity Card or Passport of Director (s) / Partner (s) / Proprietor(s), whichever is applicable.
- Copy of business registration licenses (CCM, Form A/B, Form 24 & 49 and M&A or any similar forms under the Companies Act 2016).
- Company’s bank statement for the last two (2) months.
- Company’s profile (if any).
- Invoice/billing and service agreement from authorized vendor listed by MDEC.
- Any other information and documents as and when required by the bank.
Application Steps
- 1. The SME must contact and appoint one or more panel of Service Providers to perform any of the digitalisation services available (maximum of 3 panels).
- 2. The SME must complete and submit the application form together with the required supporting documents to any of the Bank’s branches.
- 3. 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 and to provide proof of payment to any of the Bank’s branches.
- 4. After proof of payment is provided, subject to the total invoice amount, the Bank will make a direct 50% payment of the total invoice amount or up to RM 5,000.00 to the Service Provider in one lump sum payment or in stages based on the Bank’s discretion.
* Note: Only the SME is authorized to complete and submit the application form with the relevant supporting documents to any of the Banks’ branches or via company official email. Appointment of any third party for collection and submission of application forms to the Bank is not allowed.
Contact Information
Your application form and all supporting documents can be emailed to any BSN branch of your choice. Mondoze has no control over your grant approval and is subject to compliance by BSN and SME Bank. Contact us for more information.
SME Digitalisation Initiative Contact Form
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SME Digital Grant Program
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