Feasibility Study – funding innovative ideas
Purpose of the scheme
The Feasibility Study scheme supports enterprises in exploring and validating innovative ideas before committing to major investments. It enables businesses to assess the technical, financial, and commercial viability of proposed research or development projects. By funding studies that analyse market potential, technology options, and implementation strategies, the scheme helps reduce uncertainty and guides companies in making informed decisions. This early-stage support increases the chances of successful innovation and paves the way for further R&D or commercialization initiatives.
Who can apply?
- micro, small, medium-sized, and small mid-cap enterprises engaged in an economic activity, regardless of their legal form
- legally registered entities in Malta or Gozo, including self-employed persons and partnerships registered under the second schedule of the Civil Code
- businesses operating in one of Malta’s six smart specialisation areas: health & well-being, sustainable use of resources, smart manufacturing, marine & maritime technology, aviation & aerospace, or future digital technologies
- enterprises capable of private co-financing, providing evidence of financial capacity to match-fund their feasibility study project
- public entities such as ministries, government departments, and authorities
- undertakings in excluded sectors, including those involved in gambling and betting, tobacco manufacturing, or illegal economic activities
- businesses developing or providing the same services or products as those funded by the scheme
- projects linked to excluded activities, e.g. airport infrastructure (unless for environmental protection), energy generation (including renewables), or nuclear power-related investments
What is funded?
- technical and economic feasibility studies assessing the potential of R&D or innovation projects before full-scale implementation
- market research and technology analysis to evaluate commercial and technical viability
- consultancy services and expert studies supporting decision-making, such as cost-benefit analyses or technology assessments
- preliminary design and prototyping work when necessary to determine the feasibility of a concept
- routine operational or administrative costs, including rent, utilities, or staff unrelated to the study
- activities already completed or funded under another scheme (no double funding allowed)
- investments in production, construction, or commercial rollout, as the scheme only supports feasibility analysis
- costs related to legal, accounting, or marketing activities not directly linked to the feasibility objectives
Funding rates and key benefits
The Feasibility Study scheme covers up to 70% of project costs, with a maximum grant of € 50.000. The rest of the costs are paid by the business itself. This support helps companies test new ideas before making big investments. It lowers the risk of failure and makes it easier to plan the next steps. Businesses can use the funding to get expert advice, explore new markets, and make better decisions for future innovation projects.
Frequently asked
questions – Feasibility
Any small or medium-sized enterprise registered in Malta or Gozo can apply. The company must be active in one of Malta’s Smart Specialisation Areas and able to co-finance part of the study.
The scheme supports studies that check if an innovative idea or technology is technically and financially possible. Examples include market analysis, prototype testing, or technical design work before full project development.
The grant covers up to 70 % of eligible costs, up to a maximum of € 50.000 per project. The remaining amount must be financed by the applicant.
Funding can be used for expert services, consultancy, technical assessments, and other direct costs linked to the feasibility study. Regular business costs like rent or marketing are not eligible.
The timeline depends on the completeness of the application, but typically the evaluation takes 6 – 8 weeks after submission. Successful applicants receive a grant agreement before starting the study.
This scheme helps you reduce risk, save money, and plan innovation with confidence. It allows you to explore your idea, test assumptions, and prepare for future R&D or investment with expert support.
Funding for Feasibility in Malta
The Feasibility Study scheme is a great opportunity for businesses in Malta that want to turn innovative ideas into real projects. With up to 70 % funding and a maximum of € 50.000, companies can explore the potential of new products, technologies, or processes before investing large amounts of money. By testing ideas early, you lower risks and build a solid plan for future growth. This funding helps you make confident decisions, attract investors, and move your innovation forward. Don’t wait – take the first step and use this scheme to prepare your next breakthrough.
How we work
The simple process for identifying the ideal grant
Simplified steps to easily find and use your optimal subsidy plan.
Potential analysis
Potential analysis serves to identify the strengths and development opportunities of your company in order to make the most of funding opportunities.
Consulting
During the consultation phase, we work with you to develop a customized strategy based on the results of the potential analysis and precisely define your funding goals.
Implementation
We will accompany you step by step through the process of preparing the necessary documents for submitting your application to implement the funded projects.