collaboration sme business malaysia digital grant
SME Digitalization Initiative
Claim your SME Business Grant Today!
Claim 50% SME Digitalization Initiative today when you purchase POS System Bundle from us! POS Market is honored to be one of the Technology Solution Providers (TSP) chosen to assist SMEs in their digitalization efforts. If you are an SME looking at going digital, this is an opportunity not to be missed! Get in touch with us today and propel your business online!
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SME Business Digitalization Grant Malaysia for POS System Bundle

Getting tired of doing routine operations manually? Now's your chance to get your business digitalized! Claim 50% SME DIGITALIZATION INITIATIVE today when you purchase POS System Bundle from POS Market!

  • 1 year Cloud Access
  • Android Application
  • POS Software
  • Free Hardware
  • Contact & Membership Module
mini pc malaysia digital grant bundle
RM4000

*T&C applies. Subject to grant application and approval by MDEC

qms bundle malaysia digital grant
RM5400

*T&C applies. Subject to grant application and approval by MDEC

SME Business Digitalization Grant Malaysia for Queue System Bundle

Are you looking for a solution to disperse waiting for line crowds? Now is your chance to improve customer queueing experience. Claim 50% SME DIGITALIZATION INITIATIVE today when you purchase our Queue System Bundle!

  • Queue Manager Software
  • Queue Calling Software
  • Queue Display Software
  • FREE QMS Queue System Hardware (P1500, P901, Thermal Receipt Printer, Keyboard, Speaker, QD100, Setup & Installation)

SME Business Digitalization Grant Malaysia for e-Leave HRM Bundle

Getting tired of doing HR operations manually? Now's your chance to get your HR department digitized. Claim 50% SME DIGITALIZATION INITIATIVE today when you purchase e-leave HRM Bundle! e-Leave HRM includes all core HR modules to facilitate and assist companies efficiently manage human resources in various areas.

e-leave hrm bundle malaysia digital grant
RM4800

*T&C applies. Subject to grant application and approval by MDEC

QR Code Attendance System

Tracking attendance or facilitating check-ins through QR codes is genuinely engaging and convenient for the employees. e-Leave HRM modules and attendance device to fulfill the government's Covid-19 SOP and facilitates companies to efficiently manage human resources in various areas. Just let your employees sign in on-the-go, scan QR code by using HR app!

  • 1 year Cloud Access
  • 100 Employee
  • Attendance Software
  • e-Leave Software
  • e-Claim Software
  • Payroll Software
  • Hardware: 3.5″ TFT Resistive Touch Screen with SPI Interface
Fingerprint Attendance System

e-Leave HRM helps SMEs HR operations easier. We do that by combining hardware devices and software. Robust and comprehensive fingerprint attendance system. If you are an SME looking at going digital for HR management for tracking employee attendance, this is an opportunity not to be missed!

  • 1 year Cloud Access
  • 100 Employee
  • Attendance Software
  • e-Leave Software
  • e-Claim Software
  • Payroll Software
  • Hardware: 9 Inches Touch Screen & U are U Fingerprint Reader 4500
e-leave hrm bundle p1500 malaysia digital grant
RM4800

*T&C applies. Subject to grant application and approval by MDEC

sme digitalisation grant malaysia pos system

What is SME Business Digitalization Grant?

SME Business Digitalisation Grant is offered to small and medium enterprises under the 2020 Budget to obtain digitalization services from service providers registered with the Malaysia Digital Economy Corporation (MDEC) to guide and provide digitalization services to SMEs. e-POS is one of the selected areas because of the use of software such as Point-Of-Sale is designed to help SMEs run businesses more effectively.

Malaysian SMEs apply for Government-Matched Grants

The Malaysian Government is now providing a 50% matching grant of up to RM5,000 per company, for small and medium enterprises (SMEs) to digitize their business operations with online software such as BMO POS System. This grant opportunity which was announced during Budget 2020, is limited to 100,000 SMEs on a first-come-first-serve basis.

government matched grants

SME Digitalisation Grant Requirement

Your SME business is eligible to apply for the Malaysian grant if it fulfills the following requirements:

malaysian people

The company is at least 60% owned by
Malaysian.

registered company

The company registered under the relevant laws of Malaysia

company sme operation

The SME has been in operation for atleast one
(1) year

annual sales

Company operation in one (1) year, company required to have a minimum annual sales turnover of RM 100,000

annual sales turnover

Company operation > two(2) years, company required to have a minimum annual sales turnover of RM 50,000 (preceding two (2) consecutive years)

application guidelines

Check out the application guidelines
DOWNLOAD HERE

Application Process

  1. Complete the SME Digitalisation Initiative Application Form.
  2. Prepare the following documents:
  • Copy of Identity Card or Passport of Director (s) / Partner (s) / Proprietor(s).
  • Copy of business registration licenses (CCM, Form A/B, Form 24 & 49 and M&A).
  • 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 digitalization services available.
  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 difference of the total invoice after deducting the subsidized amount granted from the Initiative 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 Service Provider in one lump sum payment or in stages based on the Bank's discretion.