Breaking: MDEC’s RM1.5B Madani Grant Opens for MSMEs — Apply Now for Digital Tools & Training (2025)
KUALA LUMPUR, 25 March 2025 — The Malaysia Digital Economy Corporation (MDEC) has officially opened applications for its RM1.5 billion Madani Grant, a landmark initiative under the Madani Government to accelerate digital adoption among Micro, Small, and Medium Enterprises (MSMEs). The program offers funding, training, and cutting-edge digital tools—including AI-driven platforms and e-invoicing solutions—to help businesses thrive in the digital economy.
Key Highlights of the Madani Grant
- Financial Support: Access to RM1.5 billion in grants and low-interest financing via partnerships with banks, P2P lenders, and digital banks.
- Free/Low-Cost E-Invoicing: 21 MDEC-accredited providers offer Peppol-compliant solutions to simplify tax compliance and streamline operations.
- Training & Mentorship: Hands-on programs with SME Corp Malaysia to bridge skills gaps in digital tools, e-commerce, and cloud computing.
- Global Tech Partnerships: Negotiations underway with AWS, Microsoft, and Tencent to provide subsidized access to advanced technologies.
Why This Matters
Digital Minister Gobind Singh Deo stressed that over 650,000 MSMEs remain at basic digitalization levels, citing cost and technical barriers as key hurdles. “This grant isn’t just about compliance—it’s about future-proofing businesses,” he said.
How to Apply
- Eligibility: All registered MSMEs in sectors like retail, manufacturing, agriculture, and services.
- Deadline: Rolling applications starting 25 March 2025.
- Process: Submit via MDEC’s BDI Portal with business and digitalization plans.
To support MSMEs in transitioning to digital operations, 21 service providers accredited by MDEC will deliver e-invoicing solutions with free tiers and budget-friendly options. Learn more about the Business Digitalisation Initiative (BDI) at MDEC.