Press Release: SME Chamber welcomes reactivation of Bank moratorium possibility
18 January 2021
FURTHER EXTENSIONS WILL BE NECESSARY The Malta Chamber of SMEs greatly welcomes the extension granted...
Parliament's committee on Industry,
Research and Energy (ITRE) voted on two major instruments to help SMEs achieve
better access to finance and improve their business environment. MEPs came to a
compromise on their negotiating mandate for the Horizon 2020 package, the
research and innovation programme for 2014-2020.
COSME (the programme for the
Competitiveness of Enterprises and SMEs) was also adopted in ITRE which will
result in increased support for SMEs to boost their funding opportunities and
competitiveness by fostering a more entrepreneurial mind-set at European level
and increased market access for small businesses operating outside their home
countries. Originally, the programme carried a projected budget of €2.6
billion, however, the ITRE Committee called for a significant increase of the
allocated funds. COSME's final budget is subjected to the negotiations on the
EU's next Multi-annual Financial Framework.
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).