A business plan is a strategic document that outlines the financial and operational roadmap of a start-up. It acts as a blueprint for business growth, guiding entrepreneurs through critical decisions while attracting potential investors and financial institutions. A well-crafted business plan highlights revenue projections, market strategies, and operational objectives, ensuring long-term sustainability and success.

The primary goal of this plan is to demonstrate how the business will operate, generate revenue, and achieve its objectives. It provides insights into market trends, competition, and risk factors, while outlining strategies to navigate challenges and seize opportunities. Key sections include:

• Executive Summary — A concise overview of the business plan.
• Company Description & Management — Business structure and leadership team.
• Market Analysis & Strategy — Industry landscape, target audience, and competitive positioning.
• Business Model & Financial Plan — Revenue streams, cost estimates, and financial projections.
• Operational & Growth Strategy — Key milestones, risk assessment, and long-term vision.

By clearly defining goals and strategies, this business plan becomes a vital tool for securing investment and driving the entity’s success in a dynamic market.

Eligibility Requirement

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

This programme is designed specifically for researchers and innovators who have successfully reached the prototype stage (TRL 5+) with Xjenza Malta’s support.

 Required Forms

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

Applicants must submit the following:

• • De Minimis Declaration Form

N.B.: All applicants must fill in the additional declarations form found within the application.

Submission Process

Completed application forms should be submitted electronically to voucher.xjenzamalta@gov.mt, keeping Kyle Bonnici (kyle.bonnici.4@gov.mt) in copy. Please use the subject line: “Business Plan – Voucher Submission.”

Important: It is the applicant’s responsibility to ensure that a confirmation of receipt is obtained.

Programme Closure Periods

The Voucher Programme will close once all funds have been allocated. Additionally, the programme will temporarily close during the following periods:

• 30 June 2025 to 31 August 2025
• 1 December 2025 to 9 January 2026

Applications submitted during these times will not be processed. If you submit an application during these periods, you may be required to resubmit after the programme reopens, incorporating any updates to the call documentation.

Contact Information

For further assistance, please contact:

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

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