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MDEC SME Digitalisation Grant
50% Grant
Claim 50% matching grant up to RM5,000 per company
Approved Provider
Dropee is an Approved Technology Service Provider (TSP) by MDEC
Limited
This grant is limited to the first 100,000 eligible SMEs
Your one-stop B2B eCommerce solution for businesses
Source products for your business.
Dropee Marketplace is a platform for retail businesses to look for new wholesale products and sellers for their stores. Brands and distributors can reach out to new customers easily on our marketplace.
Personalised, flexible and fast to launch.
Dropee Direct is for brands and distributors to easily build and customise your own B2B platform – digitising sales processes and streamlining business operations has never been easier. A platform for your B2B customers to place orders online.
Is My Company Eligible To Claim The Grant?
You will have to meet the eligibility criteria listed here & the grant can only be used to acquire products / services of Technology Service Providers (TSP) approved by MDEC.
Dropee is an approved TSP & you can claim 50% of the invoiced amount (up to a total of RM 5,000) from the grant.
Eg. You are eligible to claim 50% of the invoice amount up to the value of RM 5,000 (whichever is lower). If your invoice is RM 12,000, you are able to claim up to RM 5,000 only.
You are only allowed to submit one (1) application per company, with a combination of up to 3 TSPs per application.
SME Eligibility Criteria
- The company is at least 60% owned by Malaysians
- The company has been in operation for at least one (1) year
- Company operation in one (1) year, company required to have a minimum annual sales turnover of RM 100,000
- Company operation > two(2) years, company required to have a minimum annual sales turnover of RM 50,000 (preceding two (2) consecutive years)
MDEC Business Digitalisation Grant
Application Process
If you need any help, our team will be able to guide you through the application process
Part One
APPOINT SERVICE PROVIDER
You can appoint one or up to 3 Approved Technology Service Providers (TSPs) to procure the digitalisation products/services offered by the TSPs.
Note: The Grant can only be used to purchase new products & services. If you are an existing Dropee client, you can utilise this grant for any new paid plans/services offered by Dropee. Please contact our Customer Success team to learn more on the coverage of this Grant.
SUBMIT PAYMENT RECEIPT
Dropee will issue an invoice & service agreement to you, which will require you to make a payment. Once payment is made, Dropee will provide a payment receipt to you.
COMMENCEMENT OF SERVICE
Upon receiving payment, Dropee will immediately begin the onboarding process.
Part Two
APPLICATION FORM
You can fill up the form provided by either BSN or SME Bank as the official grant application channels.
You will need a bank account with either BSN or SME Bank to submit the application.
Do reach out to the Dropee team to get help on filling up the application form.
SUBMIT FORM & DOCUMENTS
Together with the application form & invoice, you must submit the following documents (in-person) to Bank Simpanan Nasional, Wisma BSN, 117, Jalan Ampang, 50450 Kuala Lumpur:
- Copy of Identity Card or Passport of Director (s) / Partner (s) / Proprietor(s), whichever is applicable
- Copy of business registration licenses (CCM, Form A/B, Form 24 & 49 and M&A or any similar forms under the Companies Act 2016) Audited financial statement for the last financial year and the latest management account or evidence of sales turnover (if any).
- Company’s bank statement for the last two (2) months
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Company’s profile (if any)
*IMPORTANT: Kindly inform Dropee once you have submitted these documents.
APPLICATION APPROVAL
BSN & SME Bank as the official grant application channels will take approximately 15 working days to process the application.
DISBURSEMENT OF GRANT
The bank will take up to 5 working days to disburse the applied grant amount to Dropee or other TSP.
Welcome aboard!
Interested in the MDEC Digitalisation Grant?
Get in Touch with Us
SELLERS
- Dropee Direct
- Seller Guides
- Sell on Dropee
- Create Your Own B2B Wholesale Portal