Transformation Scheme News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Malta Chamber of Commerce, Enterprise and Industry has welcomed the launch of the regeneration incentives announced by the government in addition to top-ups to existing direct support schemes. It said the regeneration incentives go beyond addressing the immediate liquidity needs and are aimed at supporting and re-energising businesses and the Maltese economy in the process of recovery. The chamber said it applauded the enhanced Business Re-Engineering and Transformation Scheme – ‘Change to Grow’, which it championed since its inception back in June 2020. This scheme is now open to a...

It goes without saying that Covid-19 took with it not just lives, but an increasing number of livelihoods as well. Unemployment and retrenchments have grown since the pandemic hit. These days, it’s not uncommon to hear of someone who remains unemployed — even after looking for months. Under the rallying call of Emerging Stronger Together, the Budget 2021 announcement by...

Local companies can tap a range of avenues to access capital that they may need to innovate, transform and scale up their businesses. "To catalyse the flow of capital and bridge market gaps, the Government will step up risksharing arrangements with providers of capital and provide grants to support businesses at various stages of growth," Deputy Prime Minister Heng Swee Keat said yesterday. For high-growth companies including start-ups, the Venture Debt Programme will be extended and enhanced - with an increase in the cap on loan quantum support from $5 million to $8 million. "With this, we e...