MDEC Digitalization Grant Malaysia 2020
To help the SME (Small and Medium Enterprise) Malaysia to embrace digital transformation, Malaysia Government introduced a new grant which is called “SME Digitalisation Grant”
SME Digitalisation Initiative Grant is a new grant initiative provided by the Ministry of Finance Malaysia to assist SME to adopt digitalisation in their business operations.
This matching grant is provided by the Government for a period of five (5) years. This grant will expire on 16th February 2025 or upon reaching 100,000 applications, whichever comes first.
This matching grant is limited to one (1) application per SME only.
How Does This Digitalisation Grant Benefit SME ?
Put it simple, You Pay 50%, The Government Pay 50%.
The Government will sponsor you 50% (up to a maximum of RM5,000) on digital services such as web design, SEO (Search Engine Optimization) Google Ads and more.
What’s Next ?
You need to find a TSP (technology Service Provider) which is approved/certified by MDEC in order to apply the grant and subscribe to the services which is provided by the TSP.
You can find more details about the MDEC SME Digitalisation Grant here from Maximus, a web design and SEO services company in Malaysia, which is also a certified Google Ads Partner and Approved TSP by MDEC.