Dita Selia

eTrade Programme 2.0

eTRADE Programme 2.0 is an enhancement of eTRADE Programme under the RMK-11 with the purpose to accelerate exports via sustained participation in cross-border eCommerce platforms.

Introduction

eTRADE Programme 2.0 is an enhancement of eTRADE Programme under the RMK-11 with the purpose to accelerate exports via sustained participation in cross-border eCommerce platforms.

  1. To assist new companies to onboard cross-border eCommerce platform for export with incentive up to RM5,000 for any cross-border eCommerce platform(s), for one year subscription.
  2. At the same time, a new incentive with maximum amount up to RM20,000 per company will be provided to companies that are already doing eCommerce to undertake activities that can sustain their participation in the cross border eCommerce platform.

The incentive is to be utilized within one (1) year.

Objectives

  1. To continue assisting Malaysian SMEs that are new to cross-border eCommerce to enlist their products on cross-border eCommerce for exports in order to accelerate exports.
  2. To assist Malaysian SMEs to have sustainable and valuable presence on cross-border eCommerce platforms via activities that can help to maintain their online business such as digital marketing, eCommerce training, online export promotions, etc. in order to increase their exposure and business opportunities on cross-border eCommerce platforms.
  • Claimable Expenses
  • SME Eligibility
  • Required Documents
  • Application Steps

ONBOARDING SCHEME

DIGITAL MARKETING & TRAINING (DMT) SCHEME

Eligibility

ONBOARDING SCHEME DIGITAL MARKETING & TRAINING (DMT) SCHEME
Registered with SSM – open to ROC / ROB / LLP / Co-operatives registered with SKM under the Co-operative Societies Act 1993
Company must be REGISTERED with MATRADE, subscribe MyExport & have done the Export Readiness Assessment Tool (ERAT) score
Made in Malaysia – selling Malaysian made products or Malaysian brand registered with MyIPO
Malaysian Owned – at least 60% Malaysian ownership
SME – in accordance to SMECorp SME Definition
Notes: *The main business activity of the Co-operative is trading/exporting.
Open for Manufacturer / Trading Company only
Company registered with SSM or Cooperatives registered with SKM must be operating NOT less than six (6) months
Company registered with SSM or Cooperatives registered with SKM must be operating NOT less than one (1) year
Company can onboard any eCommerce platforms as long as it is cross-border (has export elements).
Company already selling on cross-border eCommerce platform(s) NOT less than one (1) year

Comparison Between eTrade Programme 2.0 and the SME Digital Grant

eTRADE (Onboarding) eTRADE (DMT) SME DIGITAL GRANT
Product
Selling Malaysian made products or Malaysian brand registered with MyIPO
Selling Malaysian made products or Malaysian brand registered with MyIPO
Can be any product
Prerequisite
Claimer MUST be a MATRADE member and have undertaken Exporters Readiness Assessment Test (ERAT) & must registered for MyExport
Claimer MUST be a MATRADE member and have undertaken Exporters Readiness Assessment Test (ERAT) & must registered for MyExport
Don’t have to join or be in any membership
Industry
Manufacturer / Trading Company only
Manufacturer / Trading Company only
Open to any SME type and Co-operatives registered with SKM
Claimable amount
The one-off financial incentive up to RM5,000 per company (100% reimbursement). Can claim the incentive under any cross-border eCommerce platform or multiple platforms activities.
Up to RM20,000 per company within one (1) year, for two (2) activities under the scheme at any cross-border eCommerce platform or multiple platforms activities (refer to eTrade Programme Guidelines)
Up to 50% or a maximum of RM 5,000 from total invoice amount on specific digital solutions.
General Eligibility
Eligible for services within 6 (six) months after onboarding the eCommerce platform(s).
Company already selling on cross-border eCommerce platform(s) NOT less than one (1) year
Eligible for ANY NEW digital solutions and the solutions/services provided by TSP.
Method of application
Direct application with MATRADE (online)
Direct application with MATRADE (online)
Submission to BSN’s branches (Offline)
Method of reimbursement
Incentive is in the form of reimbursement to be paid directly to the company.
Incentive is in the form of reimbursement to be paid directly to the company.
50:50 commitment. Bank will make a direct 50% payment of the total invoice amount or up to RM 5,000.00 to the Service Provider
Claim Procedure
Submission MUST be within 6 months after products are listed on eCommerce platform or multiple platforms and has attended training programme provided by eCommerce platform(s), its channel partner or eAggregator.
Maximum four (4) times claim submission within a year. Claim submission is within 30 working days after the activities done or services rendered by the service providers (eCommerce platforms and TSPs).
One-off Grant reimbursement
Method of application & documentation
Need to submit with Screenshot of products listed on cross-border eCommerce platform, screenshot of other services provided as per invoice (including digital marketing & content creation, Invoice for listing,Receipt, Training Certificate and company forms.
Need to submit with a detail Digital Marketing / Training Plan, Quotation(s) by eCommerce service provider, Digital Marketing Template, Invoice/receipt, Training Certificate and company forms
Application form, company forms, invoice/quotation from TSP, proof of partial payment to TSP

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