Application Status

sme digital flow ENG – SME Digitalisation Grant Application
1. The SME must contact and appoint one or more services of Service Providers (ANC Group) listed by MDEC to perform any of the digitalisation services available (maximum of 3 digital services).
2. The SME must complete and submit the application form together with the required supporting documents to the Service Provider.
3. The Service Provider is to submit the application form together with the supporting document to the Bank.
4. Once the SME’s application is approved, subject to the total invoice amount, the SME is responsible to pay the difference of the total invoice after deducting the subsidised amount granted from the Initiative for each digitalisation service to the Service Provider.
5. The Bank will then make a direct 50% payment of the total invoice amount or up to RM5,000.00 to the Service Provider in one lump sum payment or in stages based on the Bank’s discretion.

Guide for SME Grant Application

First, SME needs to apply Letter Offer (LO) from BSN

  1. SME follow Grant Application Checklist and prepare all documents required;
  2.  SME / Dealer key in Software / SQL details here;
  3. ANC Group will prepare the final invoice, service agreement and official receipt with Company stamp
  4. Original copy will be courier to SME/Dealer for onward submission to nearest BSN / submitted by ANC Group to BSN

Finally, wait for LO approved by BSN (estimate duration 1 month)

  1. BSN will contact SME to BSN submission branch to sign Letter Offer LO once ready
  2. Grant will be credited into ANC Group’s BSN account after 2 weeks