MCMC: Over RM40m grant still available for SMEs to grab for setting up online business

Fri, Jun 21, 2013: Under the Budget 2013, Malaysian Communications and Multimedia Commission (MCMC) offers RM50 million grant to assist 50,000 small and medium-sized entrepreneurs to promote their businesses by increasing their sales online with RM1,000 per successful applicant. However, less than 7,000 applications received by MCMC since it was launched in Jan 2013 but only 1,550 entrepreneurs have received the grant as per first week of June, The Star reported.

To eligible for the grant, you must be a Malaysian aged between 18 and 65 that having a registered company, a .MY domain and a valid bank account to receive the grant. The grant is offered on a first-come-first-served basis for up to 50,000 businesses and will end when the limit is reached or on Dec 31 this year. For more info, please visit

Author: VSDaily Editor

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