The SME Initiative was launched in on 15th July 2015. It is co-financed by the Republic of Malta, the European Commission and the EIB Group (i.e. the European Investment Bank and the European Investment Fund), with the EIF managing the scheme on behalf of the different contributors.
The Republic of Malta contribution of part of its European Structural and Investment Funds (ESIF), amounts to EUR 15 million and is expected, together with the resources from the other contributors, to generate more than EUR 60 million of new SME financing in Malta over the next few years.
EIF does not finance entrepreneurs or SMEs directly, only via financial intermediaries. If you are looking for finance and would like to see which financial intermediaries currently cooperate with us under the SME Initiative and other programmes active in Malta, please visit www.eif.org/what_we_do/where/mt/index.htm
For information about funding available under other EU initiatives, please visit http://europa.eu/youreurope/business/funding-grants/access-to-finance/