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• The SME has Malaysian equity ownership of at least 60%.
•  The SME is registered under the relevant laws of Malaysia.
•  The SME has been in operation for at least six month (6 month) ; and
•  For SMEs has been in operation for one (1) year, the SME is required to have a minimum annual sales turnover of RM50,000.00 for the first year; and
•  For SMEs which has been in operation for two (2) years or more, the SME is required to have a minimum annual sales turnover of RM50,000.00 for the preceding two (2) consecutive years

Require Documents Checklist

•  Completed SME Digitalisation Initiative Application Form.
•  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 evidences of sales turnover (if any).
•  Company's bank statement for the last two (2) months.
•  Company's profile (if any).
•  Payment Slip ,Invoice/billing and service agreement from an authorized vendor listed by MDEC.
•  Any other information and documents as and when required by the bank.