Information Sessions: Equipment and Machinery Grant for SMEs
On January 26 and on February 2, Servizzi Ewropej f’Malta (SEM) and the Measures and Support Division within the Ministry for the Economy, European Funds and Lands held two information sessions on the open funding call to finance equipment and machinery for SMEs.
This incentive seeks to support micro, small and medium enterprises (SMEs) through the provision of assistance in the form of non-repayable grants to part-finance investment in equipment and machinery aimed at directly improving the productivity of the enterprise.
The scheme is intended to promote entrepreneurship, in particular by facilitating the economic exploitation of new ideas and fostering the creation of new firms, including through business incubators.
During the information sessions, participants were provided with more information on the open call, defining the parameters of the scheme, allowing them to gain more awareness of SEM’s funding assistance services, and raise any queries they may have.
Individuals interested in learning more about the scheme are invited to view the recording of the session provided below.
Applications have opened on February 1 and may be accessed here.
More information on the scheme can be accessed here.
For more information or for further assistance, please send an email with your query to info.sem@gov.mt.