Selangor Journal
Selangor state executive councillor Dato’ Teng Chang Khim. — Picture by FIKRI YUSOF/SELANGORKINI

Almost RM500,000 approved for 350 applications of SME grant

SHAH ALAM, June 23 — The state government has approved 350 applications and close to RM500,000 for the Selangor SME Digitalisation Matching Grant.

The initiative aims to help small and medium enterprises (SMEs) in the state to go digital.

Selangor Investment, Industry and Trade, Small and Medium Industries Committee chairman Dato’ Teng Chang Khim said the initiative had attracted more than 500 applications.

“Although registration for the first group ended last week, SMEs can still register in August for the next round,” he said during a virtual press conference on the Selangor Raya e-bazaar campaign and launch of Sidec TV today.

Teng said Selangor’s seriousness in digitalising SMEs is evident in programmes held by the Selangor Information Technology & Digital Economy Corporation (Sidec), including Sidec TV and the latest Selangor e-bazaar campaign.

He said the state administration is proud that many new sellers have ventured into e-commerce through the state’s latest campaigns.

“We can see how traditional businesses chose to go online via the Selangor Raya e-bazaar campaign during the movement control order (MCO) and made profits.

“This success showed how e-commerce became the main platform for SMEs’ survival by ensuring the economy stays open while the people stay at home,” he said.

Teng added that various restrictions imposed during the MCO had forced the Selangor government to come up with the low touch economy solution.

“Now we are proud to see Selangor’s digitalisation has borne fruit. SMEs are advised to continue digitalising their businesses to generate higher profits, thus helping strengthen the state government’s economy,” he said.

The matching grant worth RM5 million that aims to benefit at least 1,000 businesses, was launched by Selangor Menteri Besar Dato’ Seri Amirudin Shari on April 12.

A 50 per cent matching grant or a maximum of RM5,000 is allocated to each SME to subscribe to the chosen digital service providers.

Application for the grant began on April 15 until May 15 but was extended to June 15 following the enforced MCO in the state.

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