EU Funding Programme

SME Growth Grant Scheme

This Grant Scheme falls under Priority Axis 3 ‘Enhancing Malta’s competitiveness through investment in SMEs’ of Operational Programme 1 2014 – 2020 ‘Fostering a competitive and sustainable economy to meet our challenges’.

This incentive seeks to support Undertakings through the provision of assistance in the form of non-repayable Grants to part-finance initial investments in tangible and intangible assets towards the implementation of their growth strategies related to the extension of the capacity of an existing establishment, or the setting up of a new establishment.

Some of the eligible costs are: leasing of privately owned operational premises; construction/Up-grading costs; purchasing of new equipment, machinery; patents/licences.