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SME Technology Transformation Fund (STTF)

SME Technology Transformation Fund (STTF)

Supports Malaysian small and medium sized enterprises by funding digital adoption and automation upgrades through Islamic financing.

OpenSmall Medium Enterprise Development Bank Malaysia BerhadMalaysia
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About

The SME Technology Transformation Fund (STTF) is a Shariah-compliant financing programme administered by SME Bank Malaysia to provide financial assistance to Micro, Small and Medium Enterprises adopting digitalisation and/or automation technologies. The programme was originally launched under Malaysia's PENJANA (Pelan Jana Semula Ekonomi Negara) economic recovery plan, with a combined initial allo…

What this grant funds

Shariah-compliant financing for Malaysian MSMEs to adopt digitalisation and automation technologies, originally launched under the PENJANA recovery plan with a combined RM2.1 billion allocation.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Loan
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.MYR 2.1B
Funding analytics

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Industries

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Eligibility criteria

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Application process

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Last verified: 22 Jul 2026Source: www.smebank.com.my