Malta Enterprise is putting up €485,000 to help the export of locally manufactured products.
The two programmes cater for industries that are new to export as well as for those that wish to expand their current export market.
The Go Global Programme focuses on companies whose export revenue is less than 20 per cent. It includes a free assessment of export readiness, an export management master class and financial assistance to conduct market research as well as support to undertake export promotion initiatives. Around 20 new exporters are expected to benefit from this programme.
The Global Growth Competition is a competition through which 12 market development plans will be selected. The companies would receive help to put their plans into action over a three-year period at a co-funding rate of 50 per cent. Subject to certain conditions, the maximum grant value can be €80,000 over three years.
These programmes are being supported by HSBC Bank Malta through the Malta Trade for Growth Fund.