BSN-MDEC SME
Digitalisation Grant
BSN-MDEC SME Digitalization Grant
As an initiative to encourage Malaysian SME to transform digitalization, under the Budget 2020, The Ministry of Finance Malaysia was in collaboration with Malaysia Digital Economic Corporation (MDEC), Bank Simpanan Nasional (BSN) and SME bank to introduce “SME Digitalisation Initiative” by providing matching grant for the Malaysian SME’s digitalization transformation.
Our company Maximus System Solutions Sdn Bhd is honoured to be one of the Technology Solution Providers (TSP) chosen to assist SMEs in their digitalisation transformation.
If your company is SME, and is looking for digitalisation, we are here for you. The SME Digitalisation Initiative Grant entitles eligible SME in Malaysia to claim 50% matching grant up to RM5,000. This offer is limited to first 100,000 SMEs, so, grab this opportunity before it is too late !
Our Solutions Under This BSN Digitalization Grant
1) Web Design
Develop a new website via our Web Designs services. We provide a total website development services to ensure your company is ready for the digitalization era.
You can claim the grant up to RM 5,000 for Web Design Service
2) SEO Services
Also known as Search Engine Optimization (SEO), is a process to optimize your website to get better traffics from search engines, especially Google. In layman term, it means “Rank your website in Google 1st page”. You could learn more about SEO here.
You can claim the Grant up to RM 5,000 for SEO Service
3) Google Ads
Previously known as “Google Adwords” , is an online advertising platform developed by Google. You pay Google and your website will be ranked in Google with the keywords you targeted, that’s simple.
You can claim the grant up to RM 5,000 for Google Ads Service
DOES YOUR COMPANY QUALIFY FOR THE GRANT?
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At least 60% Malaysian-owned
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Registered under the relevant laws of Malaysia
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Has been in operation for at least 1 year
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Minimum annual sales turnover of RM100,000 for companies in operation for 1 year
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Minimum annual sales turnover of RM50,000 in the preceding two consecutive years for companies in operation for more than 2 years
REQUIRED DOCUMENTS
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Completed SME Digitalisation Initiative Application Form (Download here)
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Copy of Identity Card or Passport of Director(s) / Partner(s) / Proprietor(s), whichever is applicable.
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Copy of business registration licenses (CCM, Form A/B, Form 24 & 49 and M&A or any similar forms under the Companies Act 2016)
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Company’s bank statement for the last two (2) months
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Company’s profile
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Invoice/Billing and Service agreement (Service Order Form) from authorized vendor listed by MDEC (Both documents need client’s official company stamp and signature)
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Any other information and documents as and when required by the bank
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Latest audited account with official company stamp and signature on every relevant page, inclusive of page 1 and all pages of the statement of changes in equity, statement of cash flow, and notes to financial statements.
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Latest 6 months management account (P&L and Balance Sheet) with official company stamp and signature