Feasibility Studies

The Feasibility Study scheme seeks to help enterprises with the cost of researching their proposed business or new business idea to see if it could be viable and sustainable. The study should help the enterprise to reach firm conclusions about their business as well as identifying the resources required to carry it through and ultimately its prospects for success. With the aim to further increase gross R&D expenditure as a percentage of GDP and stimulate R&I capacities during the 2021-2027 programming period, investment in R&I has been identified as a means to promote growth in various sectors of the economy. In this context, investment will be steered towards contributing to Malta’s R&I landscape by fostering a culture for innovation, creativity and entrepreneurship in the areas as identified in Malta’s Smart Specialisation Strategy (S3) 2021-2027. The S3 areas identified for the period 2021- 2027 are as follows:

• Health and Well-being
• Sustainable Use of Resources for Climate Change Mitigation and Adaptation
• Smart Manufacturing
• Marine & Maritime Technology
• Aviation and Aerospace
• Future Digital Technologies

The maximum grant value under this scheme is set at €100,000 per undertaking. Should the undertaking be approved for more than 1 application, the total grant value of all approved applications shall not exceed €100,000.

First step in submitting an application under this call requires the submission of a Project Concept Note to the Measures and Support Division. Interested applicants may submit their Concept
Note anytime through email on applications.businessenhance@gov.mt. Following the feedback on the Concept Note, you will be guided with the next steps for the application.