Early last month, on February 8^th ,the Malta Chamber of SMEs together with Malta Enterprise held a Webinar covering ‘Grants for Cost Saving Investment’.

This webinar was aimed at providing information on 3 schemes from which businesses can currently benefit from, including the Change to Grow scheme, Smart and Sustainable, and the Investment Aid for Energy Efficiency Projects. These schemes have been devised to put companies at an advantage within their market by upgrading their current operations to a more digitized and sustainable process.

1. Change to Grow Incentive

This scheme gives businesses a maximum grant of €10,000 to reimburse 75% of eligible costs incurred when getting Advisory services, and can be used as a stepping stone for business growth which, upon reviewing current operations, advisors can help identify growth opportunities and investments that can be implemented by the company.

2. Smart and Sustainable Investment Grant

This grant offers the opportunity to receive a 50% reimbursement of up to €50,000 per project and top up for tax credit ranging from 10-20%. Through this, businesses aim at reducing their carbon emission footprint through improving processes in their operations.

3. Investment Aid for Energy Efficiency Projects  

This can be given in the form of cash grants or a tax credit and this scheme aims to make possible for businesses to invest in technological solutions aimed at providing better energy efficiency.

Watch the full Webinar here.

We can help you assess and identify which schemes your business can benefit from. Get in touch on freesupport@businessdoctorsmalta.com to book your free Business Health Check. Together we can help you build a bigger and brighter future for your business!