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:
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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