Business Plan (BP) Voucher

Il- Business Plan (BP) Voucher provides financial support and expert assistance to help researchers and innovators develop a comprehensive business plan for their innovative product, service or technology.

A well-developed business plan provides a structured roadmap for commercialisation, helping innovators assess their business model, understand their target market, identify opportunities and risks, and establish realistic financial and operational objectives.

The Business Plan Voucher supports beneficiaries in developing a business plan covering key areas such as:

• Executive Summary — An overview of the business, its objectives and the proposed opportunity.
• Company Description and Management — The business structure, key personnel and management capabilities.
• Market Analysis and Strategy — The target market, customer segments, market trends, competitors and competitive positioning.
• Business Model and Financial Plan — Revenue streams, pricing, costs, financial projections and funding requirements.
• Operational and Growth Strategy — Key activities, milestones, resources, risks and plans for future growth.

The completed business plan can provide a valuable foundation for commercialisation, investment and further business development.

Eligibility Requirement

To apply for the Business Plan Voucher, applicants must already hold an approved Xjenza Malta applied research grant.

The programme is intended for researchers and innovators who have reached the prototype stage (TRL 5+) with the support of Xjenza Malta.

Applicants must select a pre-approved Xjenza Malta service provider from the list provided. The selected service provider will work with the beneficiary throughout the process to develop the business plan.

 

Programme Parameters

 

Required Forms

Forms and declarations required for submission, as outlined in the Rules for Participation, can be found on the resource page.

Applicants applying under Option A – De Minimis State Aid must submit:

• • De Minimis Declaration Form

Applicants must also complete any additional declarations specified within the application form and applicable programme documentation.

 

Submission Process

Completed application forms should be submitted electronically to voucher.xjenzamalta@gov.mt, keeping the following contacts in copy:

• Kyle Bonnici — kyle.bonnici.4@gov.mt
• Matthias Barbara — matthias.barbara.1@gov.mt
• Daniel Busuttil — daniel.busuttil.4@gov.mt

 

Please use the subject line: “Business Plan – Voucher Submission”

It is the applicant’s responsibility to ensure that confirmation of receipt of the application is obtained.

Applications will be forwarded for evaluation at the end of each month, unless otherwise stated by Xjenza Malta.

 

Programme Closure Periods

The Voucher Programme will remain open until the available funds have been exhausted.

The programme will temporarily close during the following periods:

• 30 June to 31 August
• 1 December to 9 January

Applications submitted during these periods will not be processed. Applicants may be required to resubmit their application following the temporary closure, particularly where changes have been introduced to the call documentation.

 

Programme Documents

Click to download the De minimis regime – Option A

Click to download the Terms & Conditions for all vouchers

Click to download the Business Plan Voucher Application

 

Contact Information

For further assistance, please contact:

Mr Kyle Bonnici
Email: kyle.bonnici.4@gov.mt Phone: (+356) 2360 2209

Mr Matthias Barbara
Email: matthias.barbara.1@gov.mt Phone: (+356) 2360 2317

Mr Daniel Busuttil

Email: daniel.busuttil.4@gov.mt Phone: (+356) 23602332