As part of its ongoing commitment to bring more awareness to businesses on EU funding, KPMG in Malta recently organised an information session on EU funding for Gozitan enterprises in San Lawrenz, Gozo. The session was led by the firm's Public Sector and EU Advisory team in collaboration with the Gozo Business Chamber.
EU Funds for Gozitan Enterprises
In his opening remarks, Michael Galea, President of the Gozo Business Chamber, emphasised the need for greater visibility around funding opportunities. He noted that for Gozitan enterprises to remain competitive and scale effectively, taking advantage of these funds is crucial. Daniel Borg, CEO of the Gozo Business Chamber, underlined the value of professional guidance in this space, noting that consultancy firms such as KPMG in Malta can play an important role in assisting small and medium-sized enterprises (SMEs) to tap into EU funds.
Introducing the EU funding ecosystem, Karl Aquilina, Associate Director at KPMG in Malta, acknowledged that while awareness exists, the perceived complexity surrounding funds and incentives often deters businesses. He also clarified that several grants are industry-agnostic and designed to support a wide range of initiatives, including advisory services and capital investments.
Overview of EU Grant Schemes
Dylan Felice, Manager at KPMG in Malta, presented an overview of the Business Enhance grant schemes, explaining the eligibility rules and types of support available. Tangible examples of EU-funded projects were shared to help participants relate their investment plans, including those related to digital transformation, purchasing of new equipment and machinery, and training, amongst other eligible activities.
Spotlight on KPMG Digital Solutions
To illustrate how KPMG in Malta supports clients throughout the funding lifecycle and beyond, Adriana Camilleri from KPMG Digital Solutions shared how her team works closely with the funding and incentives teams to support clients through the entire process of a funding application, from project design and assistance in the selection of digital technologies, to support with project implementation.
Tax Incentives: An Additional Funding Route
Doreen Fenech, Tax Partner at KPMG in Malta, highlighted Malta Enterprise's tax incentives as a complementary route to support investment. These can be pursued either in parallel with or independently from EU funding, depending on project scope and eligibility. It was described how through its multidisciplinary expertise, KPMG in Malta is well-positioned to help clients navigate both EU and domestic incentives to maximise value.
Key Takeaways from the Audience
Over 40 participants from diverse sectors attended the session. An interactive poll conducted by KPMG in Malta Advisor, Martina Spiteri revealed a familiar trend: most attendees are aware of the existence of EU funding opportunities, but many remain unsure of how to proceed or where to seek guidance. This reinforces the need for clearer communication and support in navigating available schemes.
KPMG in Malta's Continued Commitment to Gozo
Beyond support for private enterprises, KPMG in Malta is actively contributing to Gozo’s sustainable development. The firm has been engaged by the Gozo Regional Development Authority (GRDA) to support the creation of a Climate Neutrality Plan under the European Commission’s 100 Climate-Neutral and Smart Cities initiative. This collaboration reflects the firm's long-term commitment to regional growth, environmental sustainability, and the use of EU funding as a driver for impactful investment.
To explore current EU funding opportunities or plan for upcoming schemes, please contact Karl Aquilina (karlaquilina@kpmg.com.mt) or Dylan Felice (dylanfelice@kpmg.com.mt).
