Many opportunities are available to all sort of Malta companies through EU funding across various industries, no matter how small or big your business is. To access such EU funds, one needs to find an opportunity for business growth, submit an application, succeed in the selection process and proceed with the gained funds to run the proposed project or business. Funding covers a broad range of areas such as business investments and expansion, employment inclusion, agriculture and fisheries development, innovation and research projects, assistance to family businesses and more. The specific criteria for eligibility are set out in each funding programme.
One of the most popular funding scheme with our clients is the MicroInvest Scheme launched by Malta Enterprise which is aimed to assist small and medium-sized enterprises to invest, improve, and expand their business by providing a tax credit based on eligible investment. For more info and deadlines about MicroInvest Scheme, refer to our partner’s page here.
Another popular scheme is the Business Enhance Grant Schemes. These schemes aim to support small and medium-sized enterprises (SMEs) in enhancing their operations, fostering innovation, and promoting sustainable growth. They provide co-financing for projects that improve competitiveness, encourage digitalisation, and facilitate internationalisation efforts. Eligible businesses can apply for funding to cover expenses related to process improvements, technology adoption, market development, and other strategic initiatives. The schemes are designed to bolster the local economy by empowering SMEs to adapt to evolving market demands and expand their reach. A selection of interesting Business Enhance Grant Schemes are:
• SME Enhance
• Digitalise your SME
• Business Reports for SMEs
• Digital your large business
• Digitalise your Micro Business
Lastly, there is the Family Business Office Incentives, where a family business established in Malta recognized under the Family Business Act of the Laws of Malta, can qualify for various incentives revolving around Bank Financing, Fiscal Incentives, Transfer of Immovable Property and Shares Interest, Advisory Services, Education and Training, and Governance Incentives.
At Fairwinds Management Limited, through our team of accountants and grant specialists, we are able to assist clients to secure grants through various measures. We can handle all the preparation works required for all documentation, business plans, budgeting and more. Contact us to know more and to find out if you are eligible for a grant.
This video showcases Dr. Chris Fearne at our premises, touring the office and meeting our team. This visit was made possible thanks to the EU funding we received through the Digitalise Your Business Scheme.
Watch our informative video about Funding Opportunities in Malta here.
