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Business Grants in Malaysia

Contents

Malaysia offers a wide range of business grants Malaysia and SME grants Malaysia to help entrepreneurs expand, adopt digital tools, and grow internationally. Whether you’re scaling your small business or taking your startup to the next level, understanding available government grants Malaysia can unlock funding, training, and resources to accelerate growth.

This guide covers the top grants for digitalisation, export expansion, and high-impact product development, with actionable details for SMEs looking to thrive in 2025.

Quick Summary (Click to Each Grant)

  1. Dana Usahawan NCER – Automation & digitalisation
  2. CIP SPRINT – Tech commercialisation
  3. CIP SPARK – Pre-commercialisation tech grant
  4. MSME Digital Grant – Digitalisation for MSMEs
  5. Penjaja Digital Grant – Micro-street vendor grant
  6. Malaysia Digital X-Port Grant – Export expansion
  7. Market Development Grant (MDG) – Global promotion support
  8. eTRADE Programme 2.0 – Cross-border ecommerce
  9. Program Agropreneur Muda (PAM) – Youth agropreneur support
  10. Geran Padanan High Impact Product (HIP) – Food/agri SME grants
  11. Geran Padanan Change Upgrade Product (CUP) – Microenterprise product grants

1. Dana Usahawan NCER

Agency: NTIC Technology Innovation Centre (NCER)
Purpose: Fund SME projects focusing on automation, digital adoption, ESG compliance, and higher-level product or market development.
Funding: Up to 15% of Qualifying Project Cost or RM2 million max.
Eligibility: Bumiputera SMEs, product/process development, approved CoE providers, strategic projects.

2. CIP SPRINT

Agency: Cradle Fund Sdn Bhd
Purpose: Support tech-based business commercialisation.
Funding: Up to RM600,000 over 18 months.
Eligibility: Conditional convertible grant, 60% for commercialisation, 40% for product development.

3. CIP SPARK

Agency: Cradle Fund
Purpose: Digital business financing for pre-commercialisation and tech startup development.
Funding: Up to RM150,000 over 18 months.
Eligibility: Conditional development grant, open to companies and individuals.

4. MSME Digital Grant

Agency: MCMC
Purpose: Help micro, small, and medium enterprises digitalise operations.
Funding: 50% matching grant up to RM5,000.
Eligibility: ≥60% Malaysian ownership, annual sales ≥RM50,000, minimum 6 months in operation. Eligible uses: digital marketing, cashless payments, CRM, e-invoicing, AI, IoT, cybersecurity.

5. Penjaja Digital Grant

Agencies: MCMC, MDEC, BSN
Purpose: Promote digital adoption among street vendors and micro-enterprises.
Funding: One-off RM1,000.
Eligibility: Malaysian nationals, registered with SSM or local authority, not previously received similar grants.

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6. Malaysia Digital X-Port Grant (MDXG)

Agency: MDEC
Purpose: Help tech companies expand exports via digitalisation.
Funding: Up to RM1M (50% project cost) for Malaysian-owned, RM1M (30%) for majority foreign-owned.
Eligibility: Must hold Malaysia Digital/MSC status, >50% project team Malaysian, generate export revenue.

7. Market Development Grant (MDG)

Agency: MATRADE
Purpose: Assist exporters in promoting Malaysian-made products/services globally.
Funding: Up to RM300,000 lifetime limit.
Eligible Activities: Trade fairs, export missions, listing fees, virtual B2B events.
Eligibility: SMEs, professional services, trade associations, cooperatives.

8. eTRADE Programme 2.0

Agency: MATRADE
Purpose: Encourage sustained participation in cross-border ecommerce platforms.
Funding: RM5,000 onboarding + RM20,000 for digital marketing/training.
Eligibility: Malaysian SMEs ≥60% local ownership, SSM registered, sell Malaysian-made or MyIPO registered brands.

9. Program Agropreneur Muda (PAM)

Agency: Ministry of Agriculture & Food Security
Purpose: Support young agro-based entrepreneurs across farming, fisheries, and food/agro-based industries.
Funding: Up to RM20,000 in-kind + 2% low-interest financing.
Eligibility: Malaysian citizens 18–43, net income <RM5,000, agricultural premises ownership or lease.

10. Geran Padanan High Impact Product (HIP)

Purpose: Matching grant 50% up to RM200,000 for SMEs in food/agriculture with annual sales RM300K–RM5M.
Eligibility: Registered under Companies Act or relevant agriculture/co-op acts, valid business premises/license.

11. Geran Padanan Change Upgrade Product (CUP)

Purpose: 70% matching grant up to RM60,000 for micro-enterprises.
Eligibility: Registered under Companies Act or relevant agricultural acts, completed one-year under approved agro programs.

Tips to Secure Malaysia Grants

  • Keep SSM documents, licences, and tax records up-to-date.
  • Prepare a clear business plan with projections.
  • Explore multiple grants to maximise funding opportunities.
  • Stay compliant with grant rules to avoid disqualification.

Streamline International Payments for Growth

After securing funding, manage supplier payments and international business with WorldFirst:

  • Automate B2B payments and invoices
  • Save on currency conversion
  • Maintain cash-flow oversight
  • Send/receive money globally

Open a WorldFirst Business Account to simplify cross-border payments and scale your SME efficiently.

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