S T A R T U P M A L A Y S I A

Increase your SME's productivity while reducing costs by leveraging on new technology.

Increase your SME's productivity while reducing costs by leveraging on new technology.

Are you eligible?

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

  • Registered under the relevant laws of Malaysia
  • Must be at least 51% 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 (1) application per company. However, SMEs are allowed to up to three (3) digital services with one (1) or more service providers that are endorsed by SIDEC

  • Registered with SSM – open to ROC / ROB / LLP / Co-operatives registered with SKM
  • Made in Malaysia – selling Malaysian made products or Malaysian brand registered with MyIPO
  • Malaysian Owned – at least 60% Malaysian ownership
  • SME – in accordance to SMECorp SME Definition
  • Must be a MATRADE member and have undertaken Exporters Readiness Assessment Test (ERAT)
  • Must have registered for MyExport
  • Open for Manufacturer / Trading Company only

Additional Criteria for Onboarding Scheme

  • Minimum six (6) months in operation
  • Have NOT received the eTRADE incentive before

Additional Criteria for DMT Scheme

  • Minimum one (1) year in operation
  • eCommerce ready – must been selling on cross-border eCommerce
    platform(s) for no less than one (1) year

Apply Easily

Get started in 5 steps.

01
Let's talk!

We discuss your challenges, agree on our scope of work and discuss how to get the most value out of the grant.

02
Grant application

We'll guide you at each step of the application process including submission of application form with required supporting documents.

03
BSN processes application

Turn around time subject to bank approval.

04
Activation

Once your application is approved, you'll receive the agreed solutions and we'll walk you through the setting up process.

05
Grant Release

Grant payment will be issued to the service provider's account.

Ready to start going digital?

Take The First Step Now

© 2021 Startup Malaysia. All rights reserved. Proudly made in MY