The previous SME Digitalisation Grant was introduced as part of Budget 2020 to encourage SMEs to embrace digitlisation and boost competitiveness and productivity.
The Digital Transformation Acceleration Programme (DTAP) aims to provide Malaysian companies with the necessary tools to help kickstart their digital transformation journey.
National Technology and Innovation Sandbox (NTIS) is a facility that allows researchers, innovators, startups and high-tech entrepreneurs to test their products, services, business models and delivery mechanisms in a live environment.
Given that there have been many developments in the economy since 2005 such as price inflation, structural changes and change in business trends, a review of the definition was undertaken in 2013 and a new SME definition was endorsed at the 14th NSDC Meeting in July 2013. The definition covers all sectors, namely services, manufacturing, agriculture, construction and mining & quarrying.
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