SME Enhance (GBER)

Scheme Objectives

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.

Eligible Organisations

Small-Medium Enterprises

Financing

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%
Medium 25% 20% 10%

NEXT CUT-OFF DATE: December 31, 2024 – Noon

FURTHER ANNOUNCED CUT-OFF DATES:

NOVEMBER 29, 2024 DECEMBER 31, 2024 JANUARY 31, 2025 FEBRUARY 28, 2025

Documents related to SME Enhance (GBER) can be found below:

The link to submit an application may be found here.

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