New ERDF business startup and growth grants for SMEs

Grant Thornton Malta’s EU Advisory Services arm is offering consultancy services to Small and Medium Enterprises interested in raising finance through the newly launched Business Enhance ERDF Grant Scheme Initiatives.

The first two schemes being launched under this initiative are the SME Growth Grant Scheme with an allocation of €8 million and the Startup Investment Grant Scheme with an allocation of €7 million. Around 90 enterprises are expected to benefit from these two schemes.

The Business Enhance ERDF Grant Schemes Initiative is valued at over €51m and aims to offer support to SMEs by helping them maximize their investment and growth potential.

Grant Thornton has a long and success track record when it comes to assisting clients tap such EU funds and has continued to invest in more human resources to provide the client with a whole range of services from scoping of the project, to grant application and project management.

Applications for project proposals under the first two schemes are now open. To apply or for more information, one is invited to contact Grant Thornton’s EU Advisory team by email or by calling on +356 21 320134.