Stand a chance to get a grant matching up to 50% of your invoice value or up to RM5,000 when you digitalize your business with Food Market Hub today!
In the announcement of Malaysia’s Budget 2021 presented by our Finance Minister Tengku Zafrul Abdul Aziz, the government has continued to allocate a budget of RM500million over 5 years since 2020, for the first 100,000 SMEs applicants who have subscribed to solutions offered by the appointed technology solution providers (TSPs) to digitalize their businesses. The government will subsidize 50% of the invoice value in the form of a matching grant, up to RM5,000! =)
7 Areas to be Digitalized:
- Electronic Point of Sales (e-POS) System
- ERP/Accounting & Tax
- Digital Marketing and/or Sales
- HR Payroll System/CRM
- Remote Working
Here’s how you can start digitalizing your business and claim your Matching Grant up to RM5,000:
- The company is at least 60% owned by Malaysian.
- The company registered under the relevant laws of Malaysia
- The SME has been in operation for at least one (1) year
- Company operation in one (1) year, company required to have a minimum annual sales turnover of RM 100,000.
- Company operation > two (2) years, company required to have a minimum annual sales turnover of RM 50,000 (preceding two (2) consecutive years).
With this initiative from the government through the Ministry of Finance (MoF) partnering with Bank Simpanan Nasional, SME Bank and Malaysia Digital Economy Corporation (MDEC), Food Market Hub is proud to be selected as one of the few technology solution provider (TSP) within the procurement area, aligning with our mission to help F&B businesses to achieve sustainability through digitalization.
How Food Market Hub can contribute to your F&B Business
& help you get that grant!
Food Market Hub is a procurement and supply sales management platform, designed to modernize F&B businesses of both F&B restaurant owners and F&B suppliers.
On top of simplifying your procurement or supply sales processes, we are also able to integrate with your POS and ERP/Accounting & Tax systems.
With Food Market Hub, you can manage your procurement chats, ordering, receiving and reporting, all in one platform! Upon ordering, you can send out your purchase orders directly through the system to designated suppliers and make payment through the app. Your orders or sales data can also be automatically entered into an ERP/ accounting system directly from our app.
With predictive analysis and Artificial intelligence in place, we unravel hidden costs and bring halt to food wastage in the F&B industry!
Food Market Hub is trusted by brands such as KFC, Salad Atelier, Serai Group, Fei Fan HotPot, Paradise group, Rakuzen and many more!
If you fit the criteria and you would love to find out more on our solutions and the amazing grant, contact us by filling up the form below. Our team will be in touch to provide you a FREE demo of our solutions and advise the module which is best suited for your business needs. We will also be glad to assist you with the application of the grant upon successful sign-up at ZERO cost!