Access Funding for Better Business Growth

The Business Reports for SMEs scheme provides support for Maltese SMEs to obtain an externally prepared business report that can guide planning, improve decision-making and support competitiveness.

The scheme provides a lump-sum grant of €4,000, representing 80% aid intensity of eligible consultancy costs. The report may take the form of a business plan or a process and systems review, depending on the needs of the enterprise.

In practical terms, it gives businesses the opportunity to step back, assess their current position and plan their next move with greater confidence.

What does the scheme cover?

The scheme funds an external consultancy report prepared by an independent advisor. The report can be used to:

• review current processes and systems to identify areas for improvement;
• prepare a business plan linked to proposed investment initiatives; and
• support clearer operational, financial and strategic decision-making.

The value lies in understanding where the business stands today and what should be prioritised next.

Why this matters

Growth decisions are strongest when they are supported by evidence, not assumptions. A focused report can help SMEs assess options, identify constraints and prioritise actions that are commercially realistic.

A structured report can provide:

• a clearer understanding of current performance and operational gaps;
• a practical basis for future investment or improvement; and
• a more organised approach to planning and implementation.

For SMEs with limited internal capacity, this can be a practical first step towards more disciplined growth.

Insights to consider

• The strongest reports are focused on clear business questions, not broad descriptions.
• Operational reviews should highlight both improvement areas and growth opportunities.
• A well-prepared report can support future applications for larger investment or digitalisation schemes.

How Grant Thornton Malta can support you

Grant Thornton Malta can support businesses throughout the process, from preparing the application and developing the required business report, to assisting with reimbursement documentation once the report is complete.

Our approach is practical and outcome-focused. We work with clients to:

• define the scope and focus of the report;
• prepare and structure the funding application;
• develop a clear and practical report that supports informed decisions; and
• guide the reimbursement process and related documentation.

For SMEs considering their next stage of growth, the scheme offers a practical way to access external expertise and build a clearer basis for decision-making.