MDB issues new scheme with revised collateral requirement after the Malta Chamber of SMEs highlights difficulties
23 September 2020
Following problems flagged by members on accessing the MDB loan scheme, the Malta Chamber of...
Abela has been GRTU's President for the last 8 years and his practical experience is in port operation and the import and export of grains and
commodities. Paul Abela has also wide experience in manufacturing, in tourism
and in estate development.
Abela has also been approved a member of the Malta Enterprise Investment
Committee representing the interest of local entrepreneurs. GRTU has long
experience on the Malta Enterprise Board. Since its inception Director General
Vincent Farrugia represented GRTU and the interest of small and micro local
investors with his long experience in investment promotion in businesses, Vince
Farrugia is now chairing the GRTU investment advisory committee where Paul
Abela and entrepreneurs Mario Debono, Manual Azzopardi and Noel Gauci are
The advisory committee analyses the position of GRTU
on various issues related to the promotion of investment and support schemes to
assist SMEs to grow within the Framework of Malta's Stability and Convergence
Plan and the National Reform Programme.
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).