The topic of Access to Finance, specifically focusing on the opportunity of Equity Sharing and how to strengthen this alternative in Malta, discussed this morning in a conference as part of an initiative being taken by the Malta Development Bank, with the support of Deloitte
During a panel discussion, SME Chamber CEO Abigail Agius Mamo presented the views of SMEs on the subject. She emphasized that the access to finance ecosystem in Malta, in general, comes with a number of gaps and some of this gap can be filled in by Equity Sharing. Having said this much more awareness and education is needed on the subject as well as a support framework, which includes a number of safeguards so that a higher success rate can be secured for this option.