02 June, 2023

New EU Funding Schemes: How can you benefit?


Earlier this week, The Malta Chamber, in collaboration with EMCS, Fondi.eu and MBB organised an event which saw the launch of new EU schemes and included a number of speakers that highlighted how business can access such funds successfully.

President Chris Vassallo Cesareo emphasised that The Malta Chamber has always been very supportive of the use of such funds helping the business to grow, innovate and compete. He also highlighted 3 main points:

  • the use of public funds requires greater responsibility and transparency, it also believes that a balance needs to be found between the requirements of public procurement and the spirit of sound financial management that is expected from the private sector
  • The Malta  Chamber also welcomes the use of EU funding to support the Energy and Green Transition
  • schemes need to be aligned with market prices so that they will be as effective as possible

CEO Dr Marthese Portelli explained The Malta Chamber’s input on ensuring better access to funds for business and simplification of the application process. She also highlighted the pitfall to avoid and also gave tips on how to submit a successful application.

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