The Feasibility Study scheme is a strategic initiative designed to assist enterprises in de-risking the early stages of business development. By subsidizing the costs associated with researching new business ideas, the program helps undertakings determine the viability and sustainability of their proposals before committing significant resources. This scheme is integral to Malta’s 2021–2027 programming period, which aims to elevate national R&D expenditure and foster a robust culture of innovation and entrepreneurship across the country’s most promising economic sectors.
Strategic Areas of Specialization (S3)
- Health and Well-being Focused on advancing medical research and innovative health solutions.
- Sustainable Resource Management Supporting projects dedicated to climate change mitigation and adaptation strategies.
- Smart Manufacturing Funding for the development of high-tech industrial processes and efficient production systems.
- Marine & Maritime Technology Investment in blue economy innovations and maritime engineering research.
- Aviation and Aerospace Targeted support for technical feasibility within the aerospace sector.
- Future Digital Technologies Exploration of emerging digital infrastructures, software, and high-tech connectivity.
Financial Provisions and Grant Limits
- Maximum Grant Award The total funding available is capped at €100,000 per undertaking.
- Multi-Application Limit While enterprises may submit more than one application, the cumulative grant value across all approved projects cannot exceed the €100,000 threshold.
- Economic Objectives Steering investment toward the Research and Innovation (R&I) landscape to boost GDP-related R&D expenditure.
- Resource Identification The grant specifically covers costs associated with identifying the technical and financial resources required for successful project implementation.
Application and Evaluation Process
- Project Concept Note The initial stage of the application requires the submission of a formal Concept Note to the Measures and Support Division.
- Open Submission Window Interested parties can submit their Concept Notes at any time via email to the dedicated "Business Enhance" portal.
- Feedback and Guidance Following the review of the Concept Note, the Division provides feedback and directs the applicant toward the formal application steps.
- Technical Documentation Applicants are expected to adhere to the latest Guidance Notes (V2.3) and User Guides (V2.1) for compliant submissions.
- Consultative Support The process is designed to guide applicants from a preliminary idea to a fully developed business case.
By providing a structured pathway from concept to conclusion, the Feasibility Study scheme empowers Maltese enterprises to pursue ambitious innovations with a clear understanding of their prospects for success. The program ensures that high-potential ideas in critical sectors—ranging from digital technology to climate adaptation—receive the necessary scrutiny and financial backing to transition into sustainable business models. This initiative ultimately strengthens Malta's competitive position by turning creative concepts into evidence-based investment opportunities.