The MCMC (Malaysian Communications and Multimedia Commission) is currently offering a RM1000 cash grant to Malaysian micro entrepreneurs in a bid to encourage them to get their business online. Without an internet presence, most businesses are not going to grow much as you would have lost many opportunities for international buyers and sellers to get in touch with you since no one out there knew that you existed.
So with a RM50 million budget for 2013, the application window is open from 1st January 2013 to 31st December 2013 with an objective of encouraging 50,000 Malaysian micro entrepreneurs to get their business online.
So what are the steps to get MCMC grant RM1000 for your business? You would need to meet the below qualifications in order to apply to the MCMC online :
Malaysian citizens aged between 18 -65 years old and who have a registered Malaysian business license with less than 10 employees or have a yearly revenue of less than RM200,000 could apply for the MCMC RM1000 cash grant. They must also an active business website with a Malaysian domain (ending with a .my) along with a registered Malaysian broadband account as well.
Those who already have a Malaysian business website could also apply provided they meet the criteria. Each applicant can only apply once.
The part where most entrepreneurs find difficult or have not much understanding or knowledge of is to have a Malaysian domain name registered along with setting up their own online business website. This is true especially for those that are from the rural areas who own simple cottage industries.
Hence the RM1000 grant is for the use of getting a domain name registered along with setting up proper business website. Those who need help getting this done could also approach local ecommerce solutions provider, InstanteStore who has been helping many businesses get online for more than 10 years in the ecommerce field.
Applicants should also bear in mind that before they apply for the MCMC grant, they need to make sure that they have a working business website along with a Malaysian domain and that they meet the mentioned criteria. Otherwise, the MCMC may reject the application due to incomplete details and information.
This has been a positive initiative by the Malaysian government as some of the success stories are truly touching and encouraging. Here’s a short video showing how broadband and getting online has made a positive impact to this locat Malaysian entrepreneur :