Food businesses show strong interest in EU funding

Limited Uptake Despite Strong Interest

Malta’s food-service businesses have expressed strong interest in using European Union funding, although many remain unaware of the schemes available to them.

A study commissioned by the Association of Catering Establishments surveyed more than 1,200 food establishments across Malta and Gozo. It found that 81% of respondents would consider using EU funds to finance future projects.

Despite this interest, only 21% of the establishments surveyed had applied for European funding during the previous two years. Meanwhile, 59% said they were unfamiliar with the funding schemes currently available.

Awareness and Bureaucracy Remain Barriers

The results suggest that a lack of accessible information may be preventing eligible businesses from pursuing financial support. Respondents also identified excessive bureaucracy and difficulties obtaining clear guidance as barriers to the application process.

Access to conventional finance appears similarly limited. Only 15% of participating businesses had attempted to obtain bank financing during the previous two years. Operators reported that administrative requirements and other obstacles complicated efforts to secure funding.

Funding Could Support Modernisation

The association said food establishments are generally investing in their operations and have clear plans for future development. However, improved access to finance will be necessary if the sector is to remain competitive, sustainable and capable of responding to changing consumer expectations.

EU funding could help businesses invest in energy efficiency, digital systems, staff development, modern equipment and more sustainable operating practices.

Converting Interest into Investment

Greater awareness of the available programmes, together with clearer application guidance, could encourage more operators to participate.

The findings point to an opportunity for public entities, business organisations and financial institutions to provide more focused support. Simplifying information and helping businesses identify suitable schemes could convert the sector’s strong interest into practical investment and long-term growth.