Three dashboard mock-ups of SYCARDA's retail data analysis and business intelligence platform.

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

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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.

Overview of How The Grant Works

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!

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SYCARDA's retail data analysis and business intelligence solution is suitable for all areas of your business.

Look at a combinations, transaction data to increase sales and marketing ROI.

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Cross check sales with stock for better management and reduction of fraud.

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What they like, what they pair with, and when they purchase.

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Reduce theft and fraud, understand what's moving and what's not.

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Analyse which stores are doing well, which locations and timing for increased sales in different locations at a glance.

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Receive automated data insights with SYCARDA's retail data analysis and business intelligence platform.

Discover more about SYCARDA and how it can supercharge your data to increase sales and reduce costs.

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SYCARDA's sales summary dashboard screenshot.

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

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