Global Growth programme for exporters
This programme concerns internationalisation activities undertaken in the calendar year 2020. Participants will be eligible for co-funding of up to 50% of approved expenses, subject to a capping of Euro 10,000 in assistance per company (this capping may be adjusted downwards in the adjudication process to accomodate more eligible applicants).
The eligibility criteria to participate are listed in the guidelines for TradeMalta’s Trade Promotion Scheme, found here.
Eligible activities within the Market Development Plan
The eligible activities, found in the Incentive Guidelines for the Trade Promotion Scheme under “Schedule D”, are listed below for ease of reference:
> Design, development, production, duplication and printing of marketing material required to implement the Export Market Development Plan.
> Design and development of packaging and product information for legal or regulatory purposes as required for placing a product in target market.
> Translation costs of the marketing material from Maltese or English into other languages, as specifically required to implement the Export Market Development Plan.
> Internet Search Engine Optimisation (SEO) costs required in increasing visibility in target markets and implementing the Export Market Development Plan. Support for SEO shall be capped at € 1,000 per annum.
> Travel Costs and Per Diem subsistence covering one (1) representative (employee or director) attending pre-determined business meetings outside of Malta in one or more target markets as identified in the Export Market Development Plan. Travel and Per Diem will be calculated in line with Section 6.1. Per Diem may only be paid to cover the days in which the undertaking can prove participation in at least one (1) business meeting. The maximum number of days which can be covered by the Per Diem subsistence in a single trip is capped at five (5) days.
> Travel cost (as per section 6.1 of the Incentives Guidelines) excluding Per Diem, incurred by the undertaking in holding business meetings in Malta with unrelated undertakings established in a market identified in the Export Market Development Plan.
> Participation in conferences, fairs and similar events related to the undertaking’s activity.
Note: Companies may still apply for financial support to exhibit in trade fairs under Schedule A, independently from this Scheme, but funds allocated under both Schedule A (Trade Fairs) and Schedule D (Global Growth) will be subjected to the same overall capping of EUR 25,000 for the Trade Promotion Scheme as a whole.
Companies will be selected after a competitive adjudication. The weighted criteria for adjudication are listed here.
How to apply
In order to apply click on the tab marked ‘Application Form 2020’ below. To access the application form, you must be logged in to the TradeMalta website. Before applying we recommend that you consult the checklist which can also be found at the bottom of this page.
Selected companies will be charged an administration fee of Euro 100+VAT, irrespective of what expenses are approved and claimed.
The deadline for entry is 31st January 2020.
Selected companies will be announced on the 4th March 2020.
The programme is being promoted with the support of HSBC Commercial Banking.
“The Global Growth Scheme by Trade Malta supported us in opening new opportunities in our targeted markets, putting us a step closer to achieve our goals and grow our export business.”
“The Global Growth grant provided Medserv with an invaluable additional source of funds to support our pursuit of such opportunities. Without the support of TradeMalta we would have been restricted in our ability to chase the number of new overseas market openings that were available to Medserv.”