The SME Enhance grant scheme aims to support small and medium-sized enterprises (SMEs) in part-financing investment towards business expansion, diversification, and innovation of operations.
What can you invest in?
The eligible expenditure of this Grant Scheme supports eligible enterprises to procure:
1. Equipment, Plant and Machinery: Costs for the purchasing of the main component of the operation in terms of equipment, plant and machinery required by the Undertaking for the operation.
2. Related ancillary items: Costs for the purchasing of ancillary items in relation to the main activity of the project.
3. Lease of private operational premises: Costs for leasing of privately owned operational premises required for the operations of the Undertaking for the duration of 2 years (capped at 10% of the eligible cost of the main component).
Funding details
- Maximum funding is €120,000.
- Includes an additional 7% flat rate to finance any indirect costs.
- Multiple state aid attachments:
- De Minimis aid limit (€300,000 over 3 years) with a part-financing rate of 50% of the cost for investments in Malta and 60% in Gozo.
- GBER Art. 14 at 10-30% of the cost for investments in Malta and 25-35% of the cost for investments in Gozo.
- GBER Art. 22 (start-ups) at 60% of the cost for investments in Malta and 70% of the cost for investments in Gozo.
Application deadline
Cut off dates are currently available from now until 12 December, 2025 subject to the availability of funds.
How can we help?
Our team is ready to assist you in understanding how this scheme can best benefit your business and guide you through the application process.
Next steps
Reach out to learn more about how EU funds can transform your business or to start your application process. We can also support with project compliance and reporting, implementation, as well as in claiming reimbursement with the Managing Authority.
