Last February, the Malta Stock Exchange launched Prospects, its new capital market platform geared towards offering a cost-effective admission solution to small and medium-size enterprises (SMEs).  Since then, the Exchange has recognised four corporate advisors who are empowered to bring SMEs to the market, with a further four applications from entities seeking to be recognised as corporate advisors.

Prospect is aimed at SMEs looking to raise less than €5 million in capital through the issue of bonds or shares, or seeking a solution to addressing succession planning. It can help address succession-planning issues, which many family businesses tend to face beyond the second generation. In Malta, 99 per cent of all companies fall within the category of an SME and are generally family-run businesses.

Prospects is designed to open Malta’s capital market to small businesses, enabling them to grow, create jobs and to bolster our economy.  Under Prospects, the admission costs are SME-friendly, starting at just €5,000 p.a., which is significantly more affordable than traditional listing options.

More information on Prospects can be found on www.smeprospects.com or by contacting Business Development at the Malta Stock Exchange.