The Malaysian Government will be giving MSME companies a matching grant up to RM 5000 for any digital marketing services
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Eligibility
Eligibility for MSME Digital Grant MADANI 2023
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Malaysian-Owned: The company is at least 60% owned by Malaysian.
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Registration Requirement: The company is registered with either the Companies Commission of Malaysia (SSM), Local Authorities (PBT), or Malaysia Co-operative Societies Commission (SKM).
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Operating Duration: The MSME has been in operation for at least 6 months.
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Annual Turnover: MSMEs which have been in operation is required to have a minimum annual sales turnover of RM50,000.
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Previous Grants: MSMEs/Cooperatives must not have received previous Digitalisation Matching Grants.
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
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.
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.
Faq
Frequently Asked Questions
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:
- Electronic Point of Sale System (e-POS)
- Human Resource Payroll System/Customer Relationship Management (CRM)
- Digital Marketing / Sales
- Procurement
- Enterprise Resource Planning (ERP) /Accounting and Taxation
- Remote Working
- E-Commerce
No. MSMEs or cooperatives that have previously obtained a Digitalisation Matching Grant are not eligible for the MSME Digital Grant MADANI.
Yes, you can apply.
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.
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