For many SMEs, important business decisions are made while managing day-to-day pressures. Whether the focus is expansion, operational improvement or a new investment, having a structured view of the business can help turn intent into informed action.
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.