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SMEs Digital Grant Penjana 2021

 

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PROPELLING SMES INTO THE DIGITAL WORLD
Technology Solution Providers (TSPs) are local technology companies identified to support Malaysian SMEs in digital adoption under the SME
Business Digitalisation Grant


 

BUILDING DIGITAL COMPANIES

The favourable provisions for digital adoption set out in the 2020 Budget denotes the government is actively encouraging more local businesses to move rapidly into the technology sphere.

The Government will provide a 50% matching grant of up to RM5,000 per company for the subscription of the above services. This matching grant will be worth RM500 million over 5 years, limited to the first 100,000 SMEs applying to digitalise their business operation.


Strategic Collaboration Efforts

The government through Ministry of Finance (MOF) is working together with Bank Simpanan Nasional and Malaysia Digital Economy Corporation (MDEC) in managing the grant to eligible Small & Medium Enterprises (SMEs) to adopt digitalisation in daily operations.