This incentive seeks to support SMEs through non-repayable Grants to part-finance investment towards expansion, diversification, innovation of the operations and initial investment, aimed at potentially improving the productivity of the enterprise.
MAXIMUM GRANT CAPPED AT €500,000
This scheme is funded through the European Regional Development Fund and will part-finance the project eligible costs as per table hereunder with a minimum funding amount of €10,000 and maximum funding amount of €500,000 per operation.
|Size of Undertaking||Aid Intensity|
|Projects in Gozo||Projects in Malta (in assisted areas designated in Malta’s Regional Aid map, as outlined in Annex I)||Projects in Malta (in localities not falling within the Regional Aid map)|
|Micro and Small||35%||30%||20%|
NEXT CUT-OFF DATE: December 29, 2023 – Noon
FURTHER ANNOUNCED CUT-OFF DATES:
|DECEMBER 29, 2023||JANUARY 31, 2024||FEBRUARY 29, 2024|
|MARCH 29, 2024||APRIL 30, 2024||MAY 31, 2024||JUNE 28, 2024|
Documents related to SME Enhance (GBER) can be found below:
The link to submit an application may be found here.