What did the Malta Chamber of SMEs bring through for business in this year’s budget?
18 October 2021
The Malta Chamber of SMEs has noted a number of positive initiatives that will aim...
Competitiveness: The ERDF International Competitiveness Grant Scheme supports enterprises to expand into new international markets.
This scheme will reimburse 50% of the marketing costs, trade fair costs, product certification and the wage costs of a business development manager as part of a specified internationalisation project.
The total budget allocation under this call is capped at 800,000 Euros.
Start-up:The ERDF Small Start-up Grant Scheme supports the growth of new enterprises having less than 50 employees. The scheme will reimburse 25% of the wage costs, rent, water and electricity bills and advisory services for Start-ups that have been operating for less than 3 years.
The ERDF Small Start-up Grant Scheme Incentive Guideline is the official publication governing this incentive.
The total budget allocation under this call is capped at 625,000 Euros.
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).