What support is the government offering SMEs to adopt digitalisation measures?

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Government Initiatives to Support SME Digitalisation

The government is providing several forms of financial and infrastructural support to encourage small and medium enterprises (SMEs) to adopt digitalisation measures. These initiatives include direct grants for technology adoption, funding for pilot projects, and the establishment of dedicated digital enhancement centres. The overall aim is to accelerate the country's digital transformation and enhance global competitiveness.
Matching Grants for Digitalisation and Automation

A significant component of the government's support is the introduction of matching grants. SMEs can receive a 50 percent matching grant, capped at RM5,000 per company, to implement digitalisation measures. Furthermore, a substantial RM550 million smart automation matching grant is earmarked for 1,000 manufacturing and 1,000 service companies, aimed at facilitating the automation of their business processes.
Funding for 5G Ecosystem Development

To foster advancements in next-generation technology, the government has allocated RM50 million for the development of the 5G ecosystem. An additional RM25 million in matching grants is available to stimulate further pilot projects focused on 5G technology. These measures are designed to expedite the growth of 5G and other emerging technologies within Malaysia.
Establishment of Digital Enhancement Centres

In an effort to provide accessible resources, the government is investing RM70 million through the Malaysia Digital Economy Corporation (MDEC) to establish 14 one-stop digital enhancement centres. These centres are intended to serve as hubs for businesses seeking to improve their digital capabilities and adopt new technologies.
Support for Digital Content Creation

Recognising the potential of the digital content sector, RM20 million has been allocated specifically to nurture local talent in creating digital content. This funding is particularly focused on areas such as electronic games and animation, aiming to grow local champions in these creative industries.

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What support is the government offering SMEs to adopt digitalisation measures?

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