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MSME Digital Grant MADANI

Evolve your business to the digital forefront

  • 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

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Digitalisation Areas to enhance your business through
innovative digital solutions tailored to your needs.

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Digital Marketing/Sales

Enhance reach and sales through targeted online strategies.

02
Digital Payment/e-POS System

Streamline payments and sales with secure, fast solutions.

03
HR Payroll System/Customer Relationship Management (CRM)

Automate payroll and customer relationships for growth.

04
Enterprise Resource Planning (ERP)/Accounting & Tax

Simplify finance management with real-time insights.

05
Digital Signature

Secure authenticity with legally recognized e-signatures.

06
IoT/Intelligent System

Connect operations for efficiency with smart technology.

07
Cyber Security

Protect digital assets and information with robust defenses.

1
E-Invoice

Digitize and automate invoicing to improve accuracy and compliance.

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Artificial Intelligence (AI)

Leverage AI to enhance decision-making, automation, and business insights.

Eligibility & Required Documents

Are You Eligible?

  • Malaysian-Owned: MSMEs/Cooperatives must be at least 60% owned by Malaysian citizens.

  • Registration Requirements: Must be registered with the Companies Commission of Malaysia (SSM)/Local Authorities (PBT) or Malaysia Co-operative Societies Commission (SKM).

  • Operating Duration: The business should be operating for at least six months.

  • Annual Turnover: Must have an annual turnover of an average of at least RM50,000.

  • Previous Grants: MSMEs/cooperatives are only eligible if they have not received a Digitalisation Matching Grant before, except for e-invoicing applications.

What are the required documents?

  • Identification: Copy of identity card or passport of director(s)/partner(s)/proprietor(s), whichever is applicable.

  • Business License: Business registration documents/SSM business profile/SKM registration docs.

  • Financial Documents: Latest audited accounts, management accounts, or latest two-month bank statements.

  • Invoice: Invoice/quotation issued by Digitalisation Partners.

Here's a quick overview of how the grant works:

1

Application & Selection


MSMEs/cooperatives can apply for the grant through our online portal, selecting the digital services they need from our Digitalisation Partners (DP). The grant is open to MSMEs/cooperatives meeting specific eligibility criteria.

2

Approval Process


Funding Societies will review applications. Approved MSMEs/cooperatives will be notified and must make a balance payment for the selected services within a 14-day period via a specific payment link.

3

Payment & Service Delivery


Upon payment, the chosen DPs will deliver the digital services to the MSMEs/cooperatives. The grant covers 50% of the invoiced amount or up to RM5,000.00.

4

Claim & Disbursement


Once services are delivered, DPs are to submit a claim form with proof of delivery. Upon approval, 50% of the total invoice amount (or up to RM5,000.00) will be disbursed to the DPs.

Apply now for your Digital Grant

 

Why Funding Societies?

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Registered with Securities Commission Malaysia
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Largest SME
Digital Financing Platform
in Southeast Asia
money
Disbursed more than
RM 20 billion to over
5 million notes
human
More than 300,000
registered Investors
across SEA
safe
Investors' funds managed by Malaysian Trustees Berhad

Frequently asked questions