MSME Digital Grant 2024 | 50% Waived on All Services MSME Digital Grant 2024 | 50% Waived on All Services
MSME Business Digitalisation Grant2024-05-30T18:05:15+08:00

MSME Digitalisation Grant 2024

RM5,000

up for
grabs

when you digitalise

MSME Digitalisation Grant 2024

RM5,000

up for grabs when you digitalise

The MSME Digital Grant MADANI has reached the allocated amount this year and regrettably stopped accepting new applications at this time.

GET UP TO

50% Discount

for ALL our Digital Solutions!

Website Design

Creative Website Design
High SEO Ranking in Google
Fully Mobile Responsive

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SEO & Marketing

1st Page Google Ranking
Increase Organic Keyword Ranking
Improve Organic Traffic & Boost Conversions

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Security

CREST-certified Pentester
Compliant with ISO 27001
Vulnerability Assessment

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E-Commerce

Customized ecommerce
Customer Loyalty & Rewards
Grow Your Business Faster

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Software

System Development
Expert Web Developer
POS/ CRM/ IOT System

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Mobile App

Android & iOS App
Native & Hybrid Mobile App
Lazada / Shopee App

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Our Case Studies

People We’ve Worked With

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Eligibility

Eligibility for MSME Digital Grant MADANI 2024

  • Malaysian-Owned: The company is at least 60% owned by Malaysian.
  • Registration Requirement: The company is registered with either the Companies Commission of Malaysia (SSM), Local Authorities (PBT), or Malaysia Co-operative Societies Commission (SKM).
  • Operating Duration: The MSME has been in operation for at least 6 months.
  • Annual Turnover: MSMEs which have been in operation is required to have a minimum annual sales  turnover of RM50,000.
  • Previous Grants: MSMEs/Cooperatives must not have received previous Digitalisation Matching Grants.

Documents

Documents Required

The specific set of documents to be submitted is dependent on the type of business entity of the applicant.

Required Documents
Type of Entity
Sdn Bhd Registered
Before 31 Jan 2017
Sdn Bhd Registered
After 31 Jan 2017
Sole Proprietor Partnership Penjaja
Copy of Identity Card Director(s) Director(s) Proprietor(s) Partner(s) Owner
Copy of business registration licenses
Click here for Reference
Form 9, 24, 49, and M&A
Form 13 (if any)
Section 17, 14, and 58
Section 28 and 78 (if any)
Form A / B Form A / B Form Lesen PBT
Company’s bank statement for the last two (2) months tick-icon tick-icon tick-icon tick-icon tick-icon
Quotation / Invoice from VeecoTech tick-icon tick-icon tick-icon tick-icon tick-icon

Application

How To Apply

1.Get a Quote

Get any of the epic packages we’re offering today! We will then issue you a quotation.

  • Website & Ecommerce
  • Google SEO & SEM
  • FB & Digital Marketing
  • Video Marketing
  • POS/ CRM/ IOT System
  • Cyber Security
  • Mobile App

3. Making Payments

After receiving a confirmation email, you can proceed to make the payment (excluding the grant amount) via FPX on Funding Societies.

Webinar HOT!

Let us be your RM5000 MSME Digital Grant MADINI Guru

Our Free Webinar is back! This time we are doing it with DIGITAL PENANG & you are invited!

Our webinar will include:

  • How to Apply
  • Free Gifts!
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Updates HOT!

How to Apply:
The Quick Guide

Watch this quick under 3-minute breakdown on how to apply and which documents are needed!

Faq

Frequently Asked Questions

MSME Digital Grant MADANI is a new grant initiative provided by the Ministry of Finance Malaysia to assist Micro, Small and Medium Enterprises (“MSME”) to adopt digitalisation in their business operations.

This program, launched under Budget 2023, is a collaborative effort between the Malaysian government, including the Malaysian Digital Economy Corporation (MDEC), Bank Simpanan Nasional (BSN Bank), and the Malaysian Communications and Multimedia Commission (MCMC).

It specifically targets micro, small, and medium enterprises in Malaysia, helping them digitize their operations for greater efficiency and growth.

There are seven (7) types of digitalisation services available as follows:

  1. Digital Marketing/Sales
  2. Digital Payment/e-POS System
  3. HR Payroll System/Customer Relationship Management (CRM)
  4. Enterprise Resource Planning (ERP)/Accounting & Tax
  5. Digital Signature
  6. IoT/Intelligent System
  7. Cyber Security

No. MSMEs or cooperatives that have previously obtained a Digitalisation Matching Grant are not eligible for the MSME Digital Grant MADANI.

This grant supports up to 50% of the invoiced total or a maximum of RM5,000.00 for each qualified MSME or cooperative to facilitate digitalisation.

Absolutely, you can apply for up to three different digital services using the MSME Digital Grant MADANI.

The application process typically lasts for up to 3 working days. Upon submitting your application, it undergoes a review for approval. You will receive an email notification regarding the status of your application.

You will need to provide:

  • Completed online application form
  • A copy of the Owner/Director/Partner’s NRIC
  • Your business registration license or SSM business profile
  • Most recent audited/management accounts or the last two months’ bank statements

You will need to clear the remaining invoice balance (minus the grant) to the Digitalisation Partner through Funding Societies’ payment services within 14 days. 

After the service is provided, the Digitalisation Partner will get 50% of the total invoice amount or up to RM5,000.

You will receive an email containing an unique payment link. Please make your payment through that link.

Once you have the grant approval notice, kindly forward your payment receipt and the grant approval notice to mdec@veecotech.com. We will then reach out to you shortly.

What are you waiting for? While the grant is available

Digitalise your business at 50% OFF

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Eligibility

Eligibility For SME
Digitalisation Grant

  • The company is at least 60% owned by Malaysian.
  • The company registered under the relevant laws of Malaysia.
  • The SME has been in operation for at least 6 months.
  • Company operation in one (1) year, company required to have a minimum annual sales turnover of RM 50,000.
  • Company operation > two(2) years, company required to have a minimum annual sales turnover of RM 50,000 (preceding two (2) consecutive years).
  • Read The Full Terms & Conditions

Application

How To Apply

1. Get A Quote

Get any of the epic packages we’re offering today! We will then issue you a quotation.

  • Website Design
  • Ecommerce Solution
  • Search Engine Optimisation (SEO)
  • Paid Advertising (PPC)
  • Video Marketing
  • Cybersecurity
2. Submit Documents

Complete the application form on Funding Societies, and choose ‘VeecoTech Solutions Sdn Bhd‘ as your Digitalisation Partner (DP).

Click the button below to Funding Societies Grant Application page.

Submit My Documents

3. Making Payments

After receiving a confirmation email, you can proceed to make the payment (excluding the grant amount) via FPX on Funding Societies.

4. Project Begins

Send your payment receipt and grant approval notice to mdec@veecotech.com, and we will be in touch shortly.

How to Apply?

Get a quote of any digital solutions you are interested in VeecoTech.

  • Website Design
  • Ecommerce Solution
  • SEO/SEM
  • Mobile Application
  • Software Development
  • Digital Marketing
  • Facebook Marketing
  • Video Marketing
  • Point of Sales System (POS)

Complete the SME Digitalisation Initiative Application Form.
Download Form Here

Quotation amount devide by 50

Prepare required documents:

  • Copy of IC or passport of Director (s) / Partner (s) / Proprietor(s)
  • Copy of business registration licenses (CCM, Form A/B, Form 24 & 49, and M&A)
  • Company’s bank statement for the last two (2) months
  • Quotation/Invoice from VeecoTech
No State Email Contact Person Contact Number
1 Selangor SMEDigitalizationGrantSelangor@bsn.com.my Nur Hidayah Abdul Kadir 03-5543 3000
2 K.Lumpur SMEDigitalizationGrantKualaLumpur@bsn.com.my Yu Chin Yin 03-2028 3222
3 Kedah SMEDigitalizationGrantKedah@bsn.com.my Mohd Suhaimi Abd.Ghaffar 04-7740 444
4 Penang SMEDigitalizationGrantPulauPinang@bsn.com.my Abdul Hakim M.Zainuddin/Nooraisidah Noordin 04-222 6400
5 Perak SMEDigitalizationGrantPerak@bsn.com.my Nuraida Mohd Suhi 05-2452222
6 N.Sembilan SMEDigitalizationGrantNegeriSembilan@bsn.com.my Iza Shafinaz Mohamed 06-768 6500
7 Melaka SMEDigitalizationGrantMelaka@bsn.com.my Norhassida Johari 06-289 5800
8 Johor SMEDigitalizationGrantJohor@bsn.com.my Radzuwan Ibrahim 07-208 3555
9 Pahang SMEDigitalizationGrantPahang@bsn.com.my Nor Azlina Mahamud 09-565 0565
10 Terengganu SMEDigitalizationGrantTerengganu@bsn.com.my Azmi Mohd Noh 09-620 0400
11 Kelantan SMEDigitalizationGrantKelantan@bsn.com.my Nurulaisah Mohamed 09 –745 7070
12 Sabah SMEDigitalizationGrantSabah@bsn.com.my Jowita @ Norhayati Mujin 088-355 600
13 Sarawak SMEDigitalizationGrantSarawak@bsn.com.my Jamilah Abdul Kadir 082-227 800

Grants Available NOW for your Business

E-Trade Programme RM 20,000

MATRADE is reimbursing your Digital Marketing expenses!

Best suited for:
Manufacturing & Trading Companies

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NCER CoE Grant RM 100K

Calling companies THE opportunity to automate your business is now!

Best suited for:
E&E, AgriTech, MediTech & more

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Grants are subject to fund availability so SIGN UP NOW! T&C Apply