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The Ministry of Finance in collaboration with Malaysia Digital Economic Corporation (MDEC), SME Bank and Bank Simpanan Nasional has rolled-out a digitalisation grant to encourage SMEs embrace digitalisation in their day-to-day operations. LOCUS-T is honoured to be one of the Technology Solution Providers (TSP) chosen to assist SMEs in their digitalisation efforts. If you are an SME looking at going digital, this is an opportunity not to be missed! The SME Digitalisation Initiative entitles eligible SME in Malaysia to a 50% matching grant up to RM5,000. This offer is limited to 100,000 SMEs, so, grab this chance to shine online at a subsidised cost. To learn more, get in touch with us today and propel your business online!

LOCUS-T Solutions

that are applicable for this grant

LOCUS-T’s digital marketing solutions offer SMEs the opportunity to grow your business online, expand your digital presence and reach out to more potential customers faster and effectively. The Good News? With the government’s SME Digitalisation Initiative, you can enjoy LOCUS-T’s digital solutions including Google SEO Service, Website Development, Google Ads, Facebook Ads, and E-Commerce up to RM5,000 matching grant from MDEC.


Search Engine Optimization

Why guarantee rankings, When you can guarantee performance.


E-Commerce

We deliver customised eCommerce development to promote your products and business online.


Web Development

We build websites with digital marketing in mind.

Google Ads
Google Ads

Drive quality traffic that converts to leads.

Facebook Ads
Facebook Ads

Why get likes when you can get leads.

Get In Touch With Us Today!

Does Your SME Qualify For The Grant?

  • At least 60% Malaysian-owned
  • Available to SME and Cooperative (“Koperasi”) registered under the relevant laws of Malaysia
  • The SME/Cooperative has been in operation for at least 6 months
  • The SME/Coop has a minimum average annual sales turnover of RM50,000

Required Documents

  • Completed SME Digitalisation Initiative Application Form
  • A copy of the Identification Card or Passport of Director (s) / Partner (s) / Proprietor(s) of the SME / applicant appointed by the Coop , whichever is applicable
  • Copy of business registration licenses (CTC required)
  • Latest 2 months bank statement with company stamp and signature
  • Latest full set audited report OR latest management account (P&L and balance sheet) with company stamp and signature.
  • Company’s profile
  • Invoice/Billing (Company stamp and signature, CTC not required)
  • Service agreement (Service Order Form) from authorized vendor listed by MDEC (Company stamp and signature, CTC not required)
  • Any other information and documents as and when required by the bank

OUR CLIENTS

Frequent Asked Questions

What is SME Digitalisation Grant?

SME Digitalisation Grant is a Budget 2020 initiative to encourage SMEs to adopt digitalisation in their business operations. Through this initiative, the government will provide each company with a 50% matching grant, up to RM5,000 for the subscription of approved digital services. The grant worth RM500 million over 5 years is limited to the first 100,000 SMEs.

The 5 Digitalisation services covered by the SME Digitalisation Initiative are:

  • Electronic Point of Sales (e-POS) System
  • Human Resource Payroll System (HR) / Customer Relationship Management (CRM)
  • Digital Marketing / Sales
  • Procurement
  • Enterprise Resource Planning (ERP) / Accounting & Tax
  • Remote Working
  • e-Commerce

What are Technology Solutions Providers (TSP)?

Technology Solutions Providers (TSPs) are local technology companies identified to support Malaysian SMEs in their digitalisation efforts through the SME Digitalisation Grant. SMEs can only engage with approved TSPs to be eligible for the grant.

LOCUS-T is one of the official TSPs approved by MDEC to provide Digital Marketing services.

Why choose LOCUS-T as your TSP?

As one of the leading Digital Marketing agencies in Malaysia, LOCUS-T is committed to providing a comprehensive service to SMEs – from consultation to execution, we will guide you throughout your digitalisation journey. We will also be providing full-on assistance on your grant application.

At this trying time, when SMEs are trying to stay afloat, LOCUS-T has undertaken a goodwill initiative where we are committing to full-service delivery even if the grant application is rejected, subject to terms and conditions.

What are the criteria to be eligible for the SME Digitalisation Grant?

SMEs has to fulfil the below criteria to be eligible for the grant:

  • At least 60% Malaysian-owned
  • Available to SME and Cooperative (“Koperasi”) registered under the relevant laws of Malaysia
  • The SME/Cooperative has been in operation for at least 6 months
  • The SME/Coop has a minimum average annual sales turnover of RM50,000

What are the documents to be submitted for the application?

Swipe left and right to read the full table content below

Required Documents

Type of Entity

Sdn Bhd Registered Before 31 Jan 2017

Sdn Bhd Registered After 31 Jan 2017

Partnership / Sole Proprietor

Cooperative

Completed SME Digitalisation Initiative Application Form

Copy of Identity Card or Passport

Director(s)
Director(s)
Partner(s) / Proprietor
Applicant appointed by the Coop
Copy of business registration licenses (CTC required)
  • Form 9, 24, 49 and M&A (Compulsory need to submit)
  • Form 13 (if any, not compulsory)
  • Section 17, 14 & 58 (Compulsory need to submit)
  • Section 28 & 78 (if any, not compulsory)
Form A / B / D
(Compulsory need to submit)

registered with Suruhanjaya Koperasi Malaysia (SKM) under the Co-operative Societies Act 1993

Full set of Audited financial statement for the 2020 company stamp and sign on every pages including the cover page OR Latest continuous management account from latest audited account with company stamp and sign OR Company's bank statement for the last two (2) months(Company stamp and signature are required, CTC not required) 

Company's profile

Invoice/Billing(Company stamp and signature, CTC not required)
Service agreement (Service Order Form) from authorized vendor listed by MDEC (Company stamp and signature, CTC not required)

Any other information and documents as and when required by the bank

Note: Official Receipt issued by LOCUS-T – It only needs to be submitted to the Bank after approval of the grant application.

How to apply?

Follow these steps to apply for your SME Digitalisation Grant:

Step 1: Contact and appoint LOCUS-T as your TSP to kick-start your digitalisation plans;
Step 2: Choose your digital marketing solutions with LOCUS-T;
Step 3: LOCUS-T will assist you with the documentation checking & audit before submitting them for approval;
Step 4: Once your application is approved, you will receive a notification from BSN;
Step 5: The bank will pay the balance 50% of your total invoice amount, up to a maximum of RM5,000 to LOCUS-T.

CONTACT US

We’re happy to help you in any way we can. Drop us a line and we’ll get back to you as soon as possible!