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No, MSMEs or cooperatives that have received a Digitalisation Matching Grant in the past are not eligible for the MSME Digital Grant MADANI.
The grant covers 50% of the invoiced amount or up to RM5,000.00 for each eligible MSME or cooperative to implement digitalisation.
MSME must pay the remaining invoice amount (after deducting the grant) to the Digitalisation Partner via Funding Societies’ payment services within 14 days. Upon service delivery, Digitalisation Partners will receive 50% of the total invoice amount or up to RM5,000
The application process duration can take up to 3 working days. After you submit your application, it will be reviewed for approval. You will be notified via email about the status of your application.
You will need to provide a completed online application form, NRIC copy of the Owner/Director/Partner, business registration license/SSM business profile, and your latest audited/management accounts or latest two-month bank statements.
If your application is approved, you will be notified via email. You are then required to pay the remaining invoice amount (after deducting the subsidy) within 14 days. Upon successful payment, your Digitalisation Partner will commence delivering the service.
You will receive an email with a unique payment link. You are required to make the payment via the payment link.
If you fail to make the payment within the specified period, your grant approval will be automatically cancelled and you would have to reapply for the grant.
You will be notified via email about the progress of your application status.
Yes, you can apply for up to three types of digital services under the MSME Digital Grant MADANI.