Deadline Date: December 12, 2025
The Business Reports for SMEs Grant Scheme by the IB provides non-repayable grants in the form of a lump sum to support SMEs through part-financing business reports procured from registered external consultancy service providers.
The focus areas and objectives of the scheme are Process and Systems Review aimed at rendering the Undertaking potentially more efficient; Business Plan addressing the proposed investment initiatives, aimed at rendering the Undertaking potentially more competitive; A more competitive and smarter Europe by promoting innovative and smart economic transformation and regional ICT connectivity; PO1: Promoting entrepreneurship, in particular by facilitating the economic exploitation of new ideas and fostering the creation of new firms, including through business incubators; RSO1.3. Enhancing sustainable growth and competitiveness of SMEs and job creation in SMEs, including by productive investments.
This scheme recognises that SMEs often lack sufficient internal resources and expertise to conduct decision-support studies that guide their investment planning. To address this limitation, the funding supports the procurement of external consultancy services that deliver a Business Report consisting of either a Business Plan or a Process and Systems Review aimed at improving operational efficiency or competitiveness.
Financial assistance will be granted through non-repayable support, designed to alleviate the cost of contracted consultancy services. The scheme aims to reinforce sound business planning and strategic development to enable SMEs to better position themselves for future investment initiatives.
The Grant value under this scheme is set at a lump sum of €4,000 representing an aid intensity of 80% of the eligible costs. The initial allocated budget for the scheme as of 1st January 2024 is €1,350,000, contributing to a total initial budget of €1,500,000 under the Business Reports for SMEs. The scheme will remain operational until 31st December 2026, subject to availability of funds.
Eligibility is open to Micro, Small and Medium-sized Enterprises engaged in an economic activity, irrespective of legal form, referred to as the Undertaking. Entities without legal personality upon establishment must be registered under the Second Schedule of the Civil Code of the Laws of Malta.
For more information, visit FONDI.eu.
