Minister for Enterprise Miriam Dalli together with Malta Enterprise CEO Kurt Farrugia, this morning announced a new grant aimed at SMEs in order to encourage ESG Reporting.
Support will be disbursed over 3 years. in Year 1, companies applying for support will be eligible for a cash grant of €3,000, capped at 75% of the costs associated with engaging an advisor to assist with portal reporting.
Moreover, businesses will receive an additional €1,000 cash grant available in both Year 2 and Year 3.
The Environment, Social and Corporate Governance (ESG) framework provides measurable goals and processes for tracking, managing and reporting on a company’s impact on the environment and on different stakeholders, as well as its approach to governance. The ESG Grant was developed to assist businesses in reporting and assessing their ESG impact.
Malta Enterprise will be accepting applications until 31st October 2023. All applications are to be submitted through the Corporations Client Portal.
First time users will be required to create an account and register their business.
Following an article on The Shift News, entitiled: “Pharmacists concerned about supply of chemotherapy medication by President’s Foundation”, published on the 3rd of August, the Malta Chamber of SME Council has taken note of the comments reported. The article quotes Mr Mario Debono as SME Chamber representative making a number of statements with regards to the Malta Community Chest Fund and its Chairperson.
In a statement, The Malta Chamber of SMEs Council states that the SME Chamber completely disassociates with the statements made. The SME Chamber was not informed by Mr Debono on the matter and his actions in this respect were unauthorised and certainly not representative of the Chamber’s values and official stance. The SME Chamber has for the time being suspended Mr Debono from his position as Council Member pending further procedures as outlined in the SME Chamber’s Statute.
The SME Chamber officials have already apologised directly to Mr Huber and we reassure Mr Huber of our support in his work as MCCFF Chairperson and our support to the valid work of the Malta Community Chest Fund.
With consecutive days of unplanned power cuts affecting countless households and businesses across Malta in the midst of a heatwave, the Malta Chamber of SMEs called for a form of compensation for those affected.
Malta Chamber of SMEs CEO Abigail Agius Mamo, in comments to the media said that “we need a guaranteed service, it is not acceptable, I’ve seen a lot of distress from both businesses and consumers. Everyone wants to be able to carry on with their business.”
Throughout this difficult period, the SME Chamber met Enemalta officials the get further information on the situation and also participated during an MCESD meeting chaired by the Prime Minister, during which the Government pledged to double Malta’s yearly budget allocation to the country’s energy distribution network.
The Malta Chamber of SMEs is asking all sorts of businesses – from small shops to factories and hotels – to quantify how much they lost as a result of the series of prolonged outages that hit the islands.
Businesses are asked to prepare their claims and passing them on to the SME Chamber to facilitate the process in formulating a compensation scheme.
The SME Chamber is available to guide members, interested members may contact us on
As part of the MERCA project, a collaboration between the Malta Chamber of SMEs, and the Energy & Water Agency, currently EWA is conducting energy and water audits in 14 food retail shops around Malta of various sizes.
Once these audits are completed, these companies will have a full report on their consumption patterns and a plan to reduce this consumption.
The findings of the MERCA project will also provide an insight about the sector and information sessions to guide the food retail sector will be carried out.
A formal introductory meeting was held with the MFSA Chairperson, Mr Jesmond Gatt and MFSA CEO, Mr Kenneth Farrugia. The SME Chamber was represented by CEO Abigail Agius Mamo, Head of Policy Andrew Aquilina and Council Member Marthese Micallef. The SME Chamber was also accompanied by a number of members representing different sectors.
The SME Chamber and MFSA discussed closer cooperation in order to support each other on a number of areas as well as experiences different sectors go through that can be worked on to improve the ease of doing business and make operations more sustainable.
The Ministry for the Environment, Energy and Enterprise is currently in the process of drafting a programme of events as part of the European Sustainable Development Week 2023, the core week of which to be held between the 20th and 26th September 2023.
Recognising the importance of community and civil society actors, academia, local councils, constituted bodies as well as the private sector in their role and activism towards sustainability, the Ministry is looking forward to showcasing your work and any initiatives undertaken in this regard.
What kind of initiative/s?
Initiatives can be any activities held between the 18th of September2023 and the 8th of October 2023 and must be linked with the UN 2030 Agenda with its 17 SDGs. Your initiative could be anything ranging from information sessions, community projects, awareness raising campaigns or digital initiatives.
How can you register?
Initiatives can be registered by filling in the Google form here. Furthermore, it would be appreciated if you could also send us an image/banner of the initiative.
How the initiatives will be showcased
The Ministry for the Environment, Energy and Enterprise will showcase the initiatives on its website, social media and press events.
Deadline for submissions
The deadline for submissions is Thursday, 7th September 2023. If you have any questions, feel free to contact us on .
As the application process for the Malta Business Awards 2023 closed on Monday 31st July, a record number of 400 applications were received for the 2nd edition of these prestigious awards. This meant an increase of over 30% in applications over the first edition.
The Malta Business Awards are organised by the Malta Chamber of SMEs in collaboration with Malta Enterprise.
The application process which started on the 12th of June, kick-started the process for the 2nd edition of the Malta Business Award. All the applications received will now go through the first part of the adjudication stage by 3 members of the adjudication board for each award. The shortlisted companies will be announced on the 11th of September and the finalists will be announced on the 30th of October following the second stage of adjudication.
The 4 award categories are, Distinct Initiatives,Green Ambassadors, Celebrating Business & Business Innovation.
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