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SME Digitalisation Initiative Grant
SME Digitalisation Initiative is a new grant initiative provided by the Ministry of Finance Malaysia to assist Small and Medium Enterprises ("SMEs") to adopt digitalisation in their business operations.
This matching grant is provided by the Government for a period of five (5) years. This grant will expire on 16 February 2025 or upon reaching 100,000 applications, whichever comes first.
Transform your business digitally at a lower cost
Save cost
Eligible SMEs may save up to 50% or RM 5,000 on their digital transformation adoption in the areas of Accounting, HR & Payroll.
Supported by the Government
This grant is specially provided by the Government to assist SMEs to thrive their business digitally.
Stay ahead of the competition
Keep abreast with the latest digital trends and remain competitive in your industry to expand your business and growth.
Transform your business digitally at a lower cost
Save cost
Eligible SMEs may save up to 50% or RM 5,000 on their digital transformation adoption in the areas of Accounting, HR & Payroll.
Supported by the Government
This grant is specially provided by the Government to assist SMEs to thrive their business digitally.
Stay ahead of the competition
Keep abreast with the latest digital trends and remain competitive in your industry to expand your business and growth.
How it works
SME Customers can apply for the grant via SmartBusiness.
Accounting
AutoCountAccess your business financials easily and conveniently with our mobile ready and friendly solution.
- Start easily
- Suitable for all SMEs
- Runs in the Cloud
HR and Payroll
HReasilyAutomate your HR and payroll processes to free up time and minimise human errors.
- Automate payroll, claims and attendance processes
- Allow employer and employees' access via mobile app
- Integrate seamlessly to company's software and hardware
Accounting
QNEEasily manage your business financials and meeting the requirement of local business practices and challenging environments.
Accounting
FinancioFinancio is a cloud accounting software designed for today’s smart businesses. With automations, real-time reports, and mobile app access, you can easily manage your business finances and stay compliant on tax matters.
- Accounting Automation
- Local Tax Compliance
- Unlimited Users
HR and Payroll
MyWaveEMPLX, an integrated HR & Payroll system, that covers end-to-end transaction processing, from the point an employee is hired to the point employee leaves the company.
How it works
SME Customers can apply for the grant via SmartBusiness.
Accounting
AutoCountAccess your business financials easily and conveniently with our mobile ready and friendly solution.
- Start easily
- Suitable for all SMEs
- Runs in the Cloud
HR and Payroll
HReasilyAutomate your HR and payroll processes to free up time and minimise human errors.
- Automate payroll, claims and attendance processes
- Allow employer and employees' access via mobile app
- Integrate seamlessly to company's software and hardware
Accounting
QNEEasily manage your business financials and meeting the requirement of local business practices and challenging environments.
Accounting
FinancioFinancio is a cloud accounting software designed for today’s smart businesses. With automations, real-time reports, and mobile app access, you can easily manage your business finances and stay compliant on tax matters.
- Accounting Automation
- Local Tax Compliance
- Unlimited Users
HR and Payroll
MyWaveEMPLX, an integrated HR & Payroll system, that covers end-to-end transaction processing, from the point an employee is hired to the point employee leaves the company.
Eligibility
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Title
-
Description
| Title | Description |
| Ownership | Ownership Registered Operations Turnover The Company is at least 60% owned by Malaysians |
| Registered | The Company is registered under the relevant laws of Malaysia |
| Operations | The Company has been in operation for at least one (1) year |
| Turnover | LESS THAN 2 YEARS IN OPERATION Company required to have a minimum annual sales turnover of RM100,000; or MORE THAN 2 YEARS IN OPERATION Company required to have a minimum annual sales turnover of RM50,000 (latest audited 2 consecutive years) |
| Title |
| Ownership |
| Registered |
| Operations |
| Turnover |
Frequently asked questions
Can I submit more than one application?
This matching grant is limited to one (1) application per SME only.
How can I apply for SME Digitalisation Initiative Grant?
SME Customers can apply for the grant via SmartBusiness for Accounting and HR & Payroll system.
AutoCount Sdn Bhd, QNE Software Sdn Bhd and HReasily Sdn Bhd are the appointed technology solution providers (TSPs) and partners of UOB SmartBusiness.
Who is eligible for the SME Digitalisation Initiative Grant?
SME customers who meet the eligibility criteria as shown under Eligibility (page-link to this section).
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