Did you know matching grant up to RM 5,000 will be available soon for SMEs business digitalisation?
Under the Malaysian Government’s Budget 2020 grant for SMEs digitalisation, local SMEs can enjoy up to 50% or RM 5,000 of rebate on a total spend of RM10,000 when they adopt digitalisation measures in business operations. It is important to note that this grant is only available to the first 100,000 SMEs applications only.Key highlights:
- The Government will provide 50% SME Matching Grant of up to RM 5,000 per company for the subscription of the services including electronic Point of Sales systems (e-POS), Enterprise Resource Planning (ERP) and Electronic Payroll systems.
- This matching grant will be worth total RM 500 million over 5 years, limited to the first 100,000 SMEs applying to upgrade their systems.
There is about 900,000+ SMEs establishment in Malaysia. Hurry! Start re-evaluating your business software needs for upgrade and add-on modules to enjoy your share on the grant before the allocation exhausted.
**Updates: Please be informed that the SMEs Business Digitalization Matching Grant program has ended. Don't hesitate to contact us for the latest update on other available promotions.