Market targeting has a huge impact on the internationalisation process since the business environment can clearly differentiate from a country to another. Participation in International Business Promotion Fairs remains an important instrument in targeting markets and provides SMEs with an opportunity to start building a network of business connections and to overcome barriers to entering the targeted foreign market. Moreover, participation in business promotion fairs is a source of significant information for SMEs when operating in the international business field.
This Grant Scheme seeks to support SMEs through the provision of Grants to part-finance costs to actively participate in International Business Promotion Fairs held outside the territory of the Republic of Malta, aimed at the internationalisation of the Undertaking by introducing their products/services to new markets and by strengthening their international market presence.
Maximum Grant capped at €10,000, part-financing eligible expenditure up to 50%.
Active participation in International Business Promotion Fairs held outside the territory of the Republic of Malta where active participation means having a stand and exhibiting products/services at the fair.
- Rental of the exhibition space/stand
- Contractual Services related to the construction and setting-up of the stand
- Air travel
- Design and printing of branding material
- Shipment of exhibits
- Participation fee