On the 7th of October 2021, Malta Enterpise published their guidelines for the Smart and Sustainable Investment Grants which allow businesses to apply for funding and invest in new technology that will help them conduct their business more efficiently.

Projects of value between €10,000 and €100,000 could be eligible for up to 50% cash reimbursement of the expenses incurred during the implementation phase. In addition, depending on various aspects of the project, additional tax credits may be granted on top of the cash reimbursement.

Prospective applicants might also be interested in the Change to Grow grants also promoted by Malta Enterprise. These grants are given to small businesses wishing to obtain the services of an advisor and plan their upcoming digitalization efforts.

Pushing the limit

When looking at what to automate for your business, do not limit yourself to the traditional examples. To truly stand out from the competition, you must be ready to go all the way.

  • A catering company offering its services for a large corporate or wedding event might want to collect orders from guests directly at their tables using an online mobile application.

  • A doctor or clinic could digitize and sign their medical prescriptions and notes, using the European Union's qualified e-Signatures, to verify orders or notes digitally and securely without the risk of fraud.

  • A bank or credit institution could set up a portal to streamline massive loan applications using a Workflow Engine such that prospective applicants and other involved parties can upload and manage the status of an application as it goes through the process.

Reach out

We here at Phalanx Software can go over your business processes and identify key areas which you can improve to save costs, reduce mistakes and offer a better service to your customers. Furthermore, our team of software developers can push your project over the finish line as we take care of the design, implementation and testing of any new systems.

With the availability of grants, such as those listed above and others, it is now easier than ever to start automating your business's workflows. Contact us on contact@phalanx.software to book your free consultation.


Photo by Deva Darshan on Unsplash

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