A new ESG Grant by Malta Enterprise will support small and medium sized enterprises acquire the necessary advisory services to enhance their sustainability.
This new government scheme was announced by Minister for the Environment, Energy and Enterprise Miriam Dalli and Malta Enterprise CEO Kurt Farrugia.
Malta Enterprise launched the Blue Med, a new initiative focusing on assisting businesses to develop further the blue economic potential in Malta.
Incorporated within the organisational structure of Malta Enterprise, the Blue
Med specifically targets local and international disruptors and innovators, in emerging blue economic niches. At the same time, it supports and assists traditional blue economic sectors in embracing innovative business solutions, making their business operation more sustainable in the long run.
Similar to other global players, the European economy and its future development depend greatly on what are known as Critical Raw Materials (CRMs) particularly in view of the digital and sustainability transition to Net Zero by 2050. This is due to their strategic and economic importance in an array of industrial sectors such as; aerospace, defence, digital including clean tech for the energy sector and transportation. These aim to ensure the sustainable functioning of the European economy through the dual digital and carbon reduction transformation.