03.09.2024
Funding and Grant Opportunities in Malta
Malta offers a vibrant ecosystem for businesses, with diverse funding and grant opportunities catering to various industries and company sizes. Whether you’re a new entrepreneur or an established enterprise, securing these financial resources can be a crucial stepping stone towards growth and success. At Fairwinds Management Limited, our team of expert accountants and grant specialists is dedicated to guiding you through the complex process of securing funding and grants, maximizing your chances of success.
EU funding programs present a vast landscape of possibilities for Maltese companies, regardless of size or sector. From business expansion and employment inclusion to innovation and research projects, these programs span numerous areas. To harness these resources, businesses must identify suitable opportunities, prepare meticulous applications, and navigate the selection process effectively.
MicroInvest Scheme: Empowering Small and Medium Enterprises
One of the most sought-after funding schemes is the MicroInvest Scheme, managed by Malta Enterprise. This initiative empowers small and medium enterprises (SMEs) to invest, enhance, and expand their businesses through attractive tax credits. Eligible investments encompass diverse areas, including:
- Increase in wage costs
- Refurbishment of business premises
- Capital investments
- Motor vehicles
- Certification costs
Eligibility for this scheme is contingent on meeting specific criteria, such as employment size, turnover, and active operations. Our team at Fairwinds Management Limited possesses in-depth knowledge of these requirements, and we can streamline your application process, ensuring compliance and maximizing your chances of securing tax credits.
Business Enhance Grant Schemes: Driving Sustainable Growth
The Business Enhance Grant Schemes focus on bolstering business growth, innovation, and resilience. These grants empower enterprises to invest in projects designed to amplify competitiveness and navigate market challenges effectively. Specific schemes cater to diverse needs, including digitalisation, consultancy services, equipment procurement, and more.
Family Business Office Incentives: Nurturing Family-Owned Businesses
Malta recognises the vital role of family businesses and offers dedicated support through the Family Business Office Incentives. These incentives encompass financial assistance, tax benefits, transfer of immovable property and shares, advisory services, education, training, and governance initiatives.
Fairwinds Management: Your Trusted Partner
At Fairwinds Management, we offer comprehensive assistance in securing funding and grants across various measures. Our seasoned professionals will handle all the preparation works, including documentation, business plans, budgeting, and more. Contact us today on info@fairwindsmanagement.net. to explore your eligibility and embark on a journey towards sustainable growth.
Fairwinds Management Limited is a MFSA licensed firm offering Business Solutions in Malta. As part of our services, we offer Accounting, Administration, Corporate and Legal solutions. Fairwinds Management also manages the brand Accounting Services. More information about us and our key services please visit our website. You may reach Fairwinds Management on +356 2704 0903 or info@fairwindsmanagement.net.
Article written by Ms Charlene Sciberras, B.A. (Hons), guest writer, a marketing and business administration specialist with a special focus on corporate, accounting, and legal matters.