Maximum Grant €4000, part financing of 80% of eligible costs.

This Grant Scheme supports SMEs through the provision of non-repayable Grants in the form of a lump sum to part-finance a business report procured from external Consultancy Service Providers.

Eligible Undertaking

Micro, Small and Medium-sized Enterprises engaged in an economic activity, irrespective of their legal form

Actions

External consultancy services shall be procured to support the decision-taking process, by providing:

• Process and Systems Review aimed at rendering the Undertaking potentially more efficient; or
• Business Plan addressing the proposed investment initiatives, aimed at rendering the Undertaking potentially more competitive.

Costs

Business Plan or Process and Systems Review procured from an external Consultancy Service Provider which is registered with the IB and is autonomous and unrelated to the Beneficiary Undertaking.