The Selangor Information Technology & Digital Economy Corporation (SIDEC) is working together with Wilstech, a Malaysian-based business digitalisation company, in hopes of kickstarting the digital transformation journey of 200 local Small and Medium Enterprises (SMEs).
Through the Selangor SME Digitalisation Matching Grant, SMEs will gain access to a 50% grant on the fees or a max of RM 5,000 (USD 1,200) to digitalise their business across a variety of aspects. SIDEC is providing the total value of the grants being offered that amount to RM 5 million (USD 1.2 million).
The Selangor SME Digitalisation Matching Grant looks to digitalise SMEs across five core practice areas – eCommerce, HR & payroll systems, cloud accounting, digital marketing, and ePOS and payment gateway functionalities – with Wilstech catering to the eCommerce and HR & payroll systems aspects of the programme.
Elaborating on the overall goal of the Grant, SIDEC stated, “SMEs form the bedrock of Malaysia’s economy, with over 98% of businesses in the country registered as SMEs - they are a huge economic contributor.
“For close to two years now, the pandemic has ravaged them. Many have struggled against the limitations of the pandemic. They have found it difficult to adapt and survive to the more digital nature of business today. This is what the Selangor SME Digitalisation Matching Grant aims to address.”
