Digitalization is progressively becoming useful for small and medium enterprises to help accelerate their business growth and economies of scale. As a result of the COVID-19 pandemic, the world is facing an unprecedented slump in economic and social activity. As quoted by Amos Tong, an economics at UCLA, “ SMEs are still underperforming in terms of digitalization despite being the backbone of Malaysia’s business environment”

That being, the Government in collaboration with Malaysia Digital Economic (MDEC) has provided a SME digitalisation grant as a part of Budget 2020 initiative to encourage local businesses to adopt digitalisation in their business operations. Through this initiative, the government will provide each company with a 50% matching grant, up to a maximum of RM5,000 for the subscription of approved digital services.