Get your Matching Grant up to RM5,000 with SME Digitalisation Initiative


SMEs Eligibility

In order to further develop Malaysia’s eCommerce ecosystem, we’ve set out key strategic initiatives that would guide us in our actions.

Required Documents

  • Completed SME Digitalisation Initiative Application Form.
  • Copy of Identity Card or Passport of Director (s) / Partner (s) / Proprietor(s), whichever is applicable.
  • Copy of business registration licenses (CCM, Form A/B, Form 24 & 49 and M&A or any similar forms under the Companies Act 2016).
  • Audited financial statement for the last financial year and the latest management account. (if any) or evidences of sales turnover (if any).
  • Company’s bank statement for the last two (2) months.
  • Company’s profile (if any).
  • Invoice/billing and service agreement from authorized vendor listed by MDEC.
  • Any other information and documents as and when required by the bank.

Application Steps

  1. The SME must contact and appoint one or more panel of Service Providers to perform any of the digitalisation services available (maximum of 3 panels).
  2. The SME must complete and submit the application form together with the required supporting documents to any of the Bank’s branches.
  3. Once the SME’s application is approved, the SME is responsible to pay the total invoice amount and to provide proof of payment to any of the Bank’s branches.
  4. After proof of payment is provided, subject to the total invoice amount, the Bank will make a direct 50% payment of the total invoice amount or up to RM 5,000.00 to the SME in one lump sum payment or in stages based on the Bank’s discretion.


Get your Matching Grant up to RM 5,000 with SME Digitalisation Initiative


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Billing Management

Purchase credits and manage your account at one-go.
checknow feature-04

Location Management

Keep track of what products are with which agent/ reseller to manage stock distribution effortlessly.
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Stock Movement

Get to know where your products and stocks are and where they have been.

Optional Features

User Management


Product Management

Serial Number Management

Campaign Management

Ownership registry & management

White Label Management


Loyalty Management

Business Insights

API Integration

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