Selangor Journal

Application deadline for digitalisation matching grant for Selangor SMEs extended to June 15

SHAH ALAM, May 10 — The application deadline for the Selangor SME Digitalisation Matching Grant has been extended to June 15 from May 15 following the enforced movement control order (MCO) in several districts in the state.

Selangor Information Technology and Digital Economy Corporation (Sidec) in a statement today said the extension was based on the feedback received from SMEs whereby more time is needed to complete the application process as the MCO would bring a major impact on the operations of the SMEs.

“Since the opening of the registration on April 15, the grant has received an overwhelming response with 200 applications as of May 10.

“It is hoped that the extension of the closing date for the Selangor SME Digitalisation Matching Grant from May 15 to June 15 can help more Selangor SMEs to digitalise their businesses,” the statement read.

The matching grant worth RM5 million, which aims to help SMEs in the state in the digitalisation transformation, was launched by Menteri Besar Dato’ Seri Amirudin Shari on April 12

Amirudin had said that the initiative aims to benefit at least 1,000 businesses and was introduced to aid the digitalisation of the SMEs that are facing challenges from the Covid-19 pandemic.

The Selangor SMEs can apply to five digitalisation areas offered including e-commerce, HR and payroll system, cloud accounting, digital marketing, electronic point of sales (ePos) system, and payment gateway.

  • The eligibility criteria for the participating SMEs are as follow:
  • Registered under the relevant laws of Malaysia
  • Must be at least 51 per cent owned by Malaysians
  • Business address or operation address registered in Selangor only
  • In operation for at least 1 year
  • Required to have a minimum annual sales turnover of RM300,000 and not exceeding RM1 million
  • Limited to one application per company only. However, SMEs are allowed to apply to up to three digital services with one or more service providers that are endorsed by Sidec.

For further information, visit www.sidec.com.my/selangorgrant2021.

 

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