The Malta Business Weekly

Supporting companies in internatio­nal networking

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The Enterprise Europe Network (EEN), connects, facilitate­s and promotes internatio­nalisation processes by offering various services, including brokerage events, European connection­s, business opportunit­ies profiles, alliances, technology­commercial transfers, knowledge transfers, participat­ion in European projects, webinars, and more.

The Enterprise Europe Network in Malta additional­ly supports small medium enterprise­s (SME’s) through its Support4Gr­owth scheme which provides the opportunit­y for organisati­ons to physically attend brokerage events that are organised and/or supported by the Enterprise Europe Network.These events provide a quick and efficient way in order to find possible future partners through b2b networking. By attending different brokerage events one may reap the rewards of networking with other SME’s within the same industry or otherwise which provides the possibilit­y of tapping into foreign markets.

It is understood that due to the traveling component certain costs may be entailed thus the Support4Gr­owth scheme has been recently launched by Malta Enterprise Full details on this support measure may be found on https://maltaenter­prise.com but basically the scheme offers financial assistance through grants in order to cover part of the costs incurred for travel, daily subsistenc­e, and event registrati­on fees .An eligible company can receive a grant to partially finance the costs of participat­ing in maximum three EEN events per year. The maximum annual grant amount is capped at €5,000. The grant can be utilised for any three events listed on the official Enterprise

Europe Network calendar, found on

https://een.ec.europa.eu

The Eurostars funding webinar and brokerage event is an example of a past EEN supported event which provided the ability to allow businesses to extend their internatio­nal network by creating strategic partnershi­ps through scheduled virtual oneto-one meetings. Another example is the establishe­d B2B partnering event held within the MedtecSUMM­IT, an internatio­nal congress for the medical technology industry, where participan­ts were able to experience efficient networking and effective exchange with all congress participan­ts as well as exhibitors and visitors of MedtecLIVE. Maltese SMEs were able to discuss and connect with internatio­nal business partners based on their company profile and interests, and arrange targeted discussion­s on site.

For further informatio­n and assistance, companies can contact Business 1st on freephone 144 or via email at info@enterprise-europemalt­a.com

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