Taking Your Business to New Heights Through MSME Digital Grant MADANI
The grant offers a 50% matching grant up to RM5,000 per entity for subscribing to services from elected Digitalisation Partners. Grants are limited and allocated on a first-come, first-served basis
Eligibility & Required Documents
Are You Eligible?
- Malaysian-Owned: MSMEs/Cooperatives must be at least 60% owned by Malaysian citizens.
- Registration Requirements: Must be registered with the Companies Commission of Malaysia (SSM)/Local Authorities (PBT) or Malaysia Co-operative Societies Commission (SKM).
- Operating Duration: The business should be operating for at least six months.
- Annual Turnover: Must have an annual turnover of an average of at least RM50,000.
- Previous Grants: MSMEs/Cooperatives must not have received previous Digitalisation Matching Grants.
What Are The Required Documents?
- Identification: Copy of identity card or passport of director(s)/partner(s)/proprietor(s), whichever is applicable.
- Business License: Business registration documents/SSM business profile/SKM registration docs.
- Financial Documents: Latest audited accounts, management accounts, or latest two-month bank statements.
- Invoice: Invoice/quotation issued by Digitalisation Partners.
Application & Selection
MSMEs/cooperatives can apply for the grant through our online portal, selecting the digital services they need from our Digitalisation Partners (DP). The grant is open to MSMEs/cooperatives meeting specific eligibility criteria.
Approval Process
Funding Societies will review applications. Approved MSMEs/cooperatives will be notified and must make a balance payment for the selected services within a 14-day period via a specific payment link.
Payment & Service Delivery
Upon payment, the chosen DPs will deliver the digital services to the MSMEs/cooperatives. The grant covers 50% of the invoiced amount or up to RM5,000.00.
Claim & Disbursement
Once services are delivered, DPs are to submit a claim form with proof of delivery. Upon approval, 50% of the total invoice amount (or up to RM5,000.00) will be disbursed to the DPs.
Digitalisation Areas to enhance your business through real-time performance visualisation for your retail store
Capture, consolidate, analyse, and visualise all of your retail transactional data in real-time!
Look at a combinations, transaction data to increase sales and marketing ROI.
Analyse which stores are doing well, which locations and timing for increased sales in different locations at a glance.
Discover more about SYCARDA and how it can supercharge your data to increase sales and reduce costs.
Pull data from any point-of-sales system to get comprehensive retail business performance
View 100+ retail business reports of your own data with easy to view data visualizations enabling quick and accurate strategy pivots for your business
Our Clients
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Join successful entrepreneurs already on the SYCARDA platform
We have over 100 tenants, and we want to gauge how are all these tenants are performing in terms of their sales, their business. Rather than we go and ask tenants manually and ensure that they submit sales, this is real-time submission. So, it saves a lot of time and manpower as well.
SYCARDA has played a crucial role in streamlining our operations and providing us with actionable insights. With accurate and real-time sales data, we can make informed decisions about our management strategies.
Cheryl & Alicia
Before SYCARDA, we were forced to use Excel, which we really didn’t want. Excel is a basic tool and we have to go into our POS system and copy paste one by one all these things on a daily or weekly basis. Now, everything just takes a few clicks of the button. We now know that sometimes we have weak sales due to inventory management. We currently have six outlets, and are expanding more, with more data coming in. Having SYCARDA really helps make everything smooth and easy for our teams.
Peter
Before SYCARDA, we used to analyze manually using the normal spreadsheet and then have our own discussion without really meaningful kind of information. So far, SYCARDA has helped a lot whenever I’d like to generate a report. Whenever I log in, a report will automatically be generated. When we opt for SYCARDA, we now process the information all the database automatically. The data can also suggest some of the angle that we have not thought about earlier, such as menu basket combinations, and wastage reduction, which adds value to our decision making.
Fahimi
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