SME Digitalisation Initiative Grant

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.

SME Digitalisation Initiative Grant

Eligibility

This matching grant is limited to one (1) application per SME only.

SME Customers can apply for the grant via SmartBusiness for HR Payroll System. HReasily Sdn Bhd is the appointed technology solution provider (TSP) and partner of UOB SmartBusiness, providing HR Payroll System.

Ownership	Registered	Operations	Turnover
The Company is at least 60% owned by Malaysians.	The Company is registered under the relevant laws of Malaysia.	The Company has been in operation for at least one (1) year.	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).

Ownership

Registered

Operations

Turnover

The Company is at least 60% owned by Malaysians.

The Company is registered under the relevant laws of Malaysia.

The Company has been in operation for at least one (1) year.

LESS than 2 years in operation

Company required to have a minimum annual sales turnover of RM100,000

MORE than 2 years in operation

Company required to have a minimum annual sales turnover of RM50,000 (latest audited 2 consecutive years).