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Home > blog > Global Business Tips > Business Grants in Malaysia
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
After securing funding, manage supplier payments and international business with WorldFirst:
Open a WorldFirst Business Account to simplify cross-border payments and scale your SME efficiently.
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