Thrive X

Digitalise your Micro Business - Malta Scheme

2nd May 2023

In today’s global marketplace, small and micro businesses must compete not just with local counterparts, but with rivals from around the world. To succeed in this environment, investment in digital capabilities and processes is essential for future business growth. Fortunately, a new incentive is available to help SMEs in Malta achieve their digital goals.


Who can benefit from this grant?

The Digitalise Your Micro Business scheme provides non-repayable grants to assist small and medium-sized enterprises in financing their digitalisation efforts. By doing so, businesses can improve their resilience, efficiency, productivity, and customer experience. Eligibility is open to micro, small and medium-sized enterprises engaged in economic activity, regardless of their legal form, with few exclusions. 

What expenditure is eligible?

The grant scheme supports investment in tangible and intangible assets, including e-commerce websites, commercial off-the-shelf (COTS) and custom software, hardware (laptops, monitors, tablets etc), analytical tools, cyber security systems, cloud computing, and training costs. For subscription-based software, the cost of a 2-year subscription is eligible for consideration.

What is the amount of the grant?

Funding for digitalisation investment in digital technologies is part-financed, with the maximum funding amount at €10,000 per investment. Investments in Malta are eligible for up to 50% part-financing of eligible costs, while investments in Gozo are eligible for up to 60%.

How can we help you?

We have years of experience working with EU funding schemes and can help businesses identify opportunities for growth within their operations. Our team of professionals can assist you in making value-adding decisions and selecting the most suitable funding scheme available to you. We also provide support throughout the application process.

In conclusion, with the Digitalise Your Micro Business scheme, SMEs in Malta can take advantage of financial support to invest in digital technologies that will help them stay competitive in a global market. We are here to help! If you have any questions or require further guidance on eligibility or the application process, please do not hesitate to reach out to us today. Work smarter not harder! 

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