March 17 2021, Shah Alam – In order to accelerate digital adoption, the Selangor state government will roll out a RM5 million SME Digital Matching Grant to encourage SMEs in the state to digitalise their business operations.
The grant aims to help Selangor SMEs to digitalise their businesses in weathering the Covid-19 storm. It is expected to benefit 1,000 Selangor SMEs who wish to digitalise their businesses.
The Selangor SME Digitalisation Matching Grant will be under the purview of the special evaluation committee chaired by the former COO of Malaysia Digital Economy Corporation (MDEC), Dato’ Ng Wan Peng.
Other committee members comprise of a number of well-known digital economy experts.
Selangor Information Technology & Digital Economy Corporation (SIDEC) is the secretariat of the Selangor SME Digitalisation Matching Grant.
Solution Providers that provide digital solutions for SMEs to digitalise their operations are invited to apply to become Digital Service Providers (DSPs) under the Selangor SME Digitalisation Matching Grant.
The Selangor state government is providing a 50% matching grant or a maximum of RM5,000 for SMEs to subscribe to the following digitalisation areas: E-Commerce, HR and Payroll System, Cloud Accounting, Digital Marketing, and Electronic Point of Sale (E-PoS) System & Payment Gateway.
Solution providers that are interested to apply as Digital Solution Providers (DSPs) must fulfil these criteria:
- Registered under the relevant laws of Malaysia
- At least 51% owned by Malaysians
- Registered in Selangor or have a business address in Selangor
- Paid-up capital of at least RM100,000
- In operation for more than 3 years or successfully deployed the digital solutions to at least 100 enterprises
For more information, please visit https://www.sidec.com.my/selangorsmegrant2021/
The deadline for the submission of Digital Solution Providers (DSPs) is April 5, 2021 (Monday).
Since the outbreak of Covid-19 last year, the Selangor government has allocated RM12 million to boost SMEs’ digitalisation and e-commerce in the state via Invest Selangor and SIDEC.
These programmes include RM5 million for the Selangor SME Digitalisation Matching Grant, RM2 million for Selangor E-Bazar CNY Campaign 2021, RM2 million for E-Bazar Raya Campaign 2021, RM2 million for E-Bazar November 11.11 Mega Sales 2020 and RM1 million for the E-Bazar Raya 2020 Campaign, respectively.
The allocations demonstrate the Selangor government’s aggressive digitalisation drive to emerge as Southeast Asia’s digital hub.