SMEs Eligibility – Who can apply the MSME Digital Grant Madani
- Malaysian-Owned : MSMEs /Cooperatives must be t least 60% owned by Malaysian citizens.
- Registration Requirements : Must be registered with the Companies Commission of Malaysia (SS<)/Local Authorities (PBT) or Malaysia Co-operative Societies Commission (SKM).
- Operating Duration : The business should be operating for at least six months.
Annual turnover : Must have an annual turnover of an average of at least RM 50,000. - Previous Grants : MSMEs /Cooperatives must not have received previous
- Digitalisation Matching Grants.
Required Documents when applied grant with BSN Bank
- Identification : Copy of identity card or passport of director(s)/partner (s)/ proprietor (s), whichever is applicable.
- Business License : Business registration documents /SSM business profile /SKM registration docs.
- Financial Documents : latest audited accounts, management accounts, or latest two-month bank statements.
- Invoice : Invoice/ quotation issued by Digitalisation Partners.
Application – Successful Application Flow for SMEs
Application & Selection
MSMEs /cooperatives can apply for the grant through online portal, selecting the digital services they need from Digitalisation Partners (DP).
https://fundingsocieties.com.my/msme-digital-grant-madani#application-form