Selangor SME Digitalisation Matching Grant

Digitalisation is currently the buzzword among businesses. Yet, are you finding it difficult to digitalise your business due to a tight cash flow?

The Selangor state government is providing a 50% matching grant or a maximum of RM5,000 for state SMEs to subscribe to the chosen digital service provider. The grant – worth a total of RM5 million – aims to help Selangor SMEs to digitalise their businesses.

Sidec

5 Digitalisation Areas

E-Commerce

HR and Payroll System

Cloud Accounting

Digital Marketing

E-PoS and Payment Gateway

SME

7 Digitalisation Areas

E-Commerce

HR/CRM

Procurement

ERP / Accounting & Taxation

Digital Marketing / Sales

Remote Working

Electronic Point of Sale System (e-POS)

Sidec

5 Digitalisation Areas

E-Commerce

HR and Payroll System

Cloud Accounting

Digital Marketing

E-PoS and Payment Gateway

SME

7 Digitalisation Areas

E-Commerce

HR/CRM

Procurement

ERP / Accounting & Taxation

Remote Working

Digital Marketing / Sales

Electronic Point of Sale System (e-POS)

SIDEC SMEs Eligibility

Registered under the relevant laws of Malaysia

Must be at least 51% owned by Malaysians

Business address or operation address registered in Selangor only

In operation for at least 1 year

Required to have a minimum annual sales turnover of RM300,000 and not exceeding RM3 million

Limited to one (1) application per company only. However, SMEs are allowed to apply to up to three (3) digital services with one (1) or more service providers that are endorsed by Sidec

SIDEC Supporting Document

SIDEC Process Flow

SME Applicant Eligibility

Available to SME and Cooperative registered under the relevant laws of Malaysia

At least 60% owned by Malaysian

In operation for at least six (6) months

Minimum average annual sales turnover of RM50,000.

Limited to one (1) application per company only. However, SMEs are allowed to apply to up to three (3) digital services with one (1) or more service providers that are endorsed by SME

SME Supporting Document

SME Process Flow

SIDEC SMEs Eligibility

Registered under the relevant laws of Malaysia

Must be at least 51% owned by Malaysians

Business address or operation address registered in Selangor only

In operation for at least 1 year

Required to have a minimum annual sales turnover of RM300,000 and not exceeding RM3 million

Limited to one (1) application per company only. However, SMEs are allowed to apply to up to three (3) digital services with one (1) or more service providers that are endorsed by Sidec

SIDEC Supporting Document

SIDEC Process Flow

SME Applicant Eligibility

Available to SME and Cooperative registered under the relevant laws of Malaysia

At least 60% owned by Malaysian

In operation for at least six (6) months

Minimum average annual sales turnover of RM50,000.

Limited to one (1) application per company only. However, SMEs are allowed to apply to up to three (3) digital services with one (1) or more service providers that are endorsed by SME

SME Supporting Document

SME Process Flow

Supporting Documents

Sdn Bhd Company

Sole Proprietorship

SIDEC Process Flow

Application

Applications open for SMEs

Approval

SMEs will receive notification of approval via email

Activation

Training modules and digitalisation systems to be properly implemented within 1 month

Proof of Payment

DSPs must provide proof of activation and report to Sidec

Grant Release

Grant payment will be issued to DSPs’ accounts

**Note:**
If the DSP fails to implement the digital system within the time period, the grant payment will be deferred.

Required Documents

SME Process Flow

Application

Applications open for SMEs

Approval

SMEs will receive notification of approval via SMS

Proof of Payment

SMEs must provide official receipt to BSN via email

Grant Release

Grant payment will be issued to TSPs' accounts