Gibraltar Enterprise Scheme

Gibraltar Enterprise Scheme

Supporting Gibraltar’s Start-Ups and Small Businesses

The Gibraltar Enterprise Scheme is a government-backed soft loan initiative supporting start-ups and small businesses in Gibraltar that have been operating for less than three years. Whether you’re launching a new venture or expanding an early-stage business, the Gibraltar Enterprise Scheme (GES) can help you take the next step.

Key Features of the Scheme

1. Loan Amounts: £10,000 to £25,000
2. Loan Security: 100% guaranteed by HM Government of Gibraltar
3. Personal Guarantees: Required from business owners
4. Partner Banks: Trusted Novus Bank and Gibraltar International Bank
5. Open for Applications Year-Round

Important: This is not a grant. All loans must be repaid whether the business succeeds or not.

Who Can Apply?

You can apply if:

1. Your business is registered and operating in Gibraltar.
2. Your business is a start-up or less than three years old.
3. You (or at least one shareholder) are a Gibraltar resident.
4. You hold a valid business licence and business registration.
5. You can provide a personal guarantee for the loan.

How Applications Are Assessed

Each application is reviewed by an independent Referral Panel, including representatives from the Chamber of Commerce and the Federation of Small Businesses. Applications are scored against 8 defined criteria:

1. Business Viability
2. Business Plan
3. Founder Experience
4. GES Eligibility Requirements
5. Creditworthiness
6. Revenue Projections
7. Repayment Ability
8. Job Creation & Economic Impact

To be considered for approval, applicants must:

• Pass at least 6 out of 8 criteria, and
• Must pass both Eligibility Requirements and Business Viability

What You’ll Need to Apply

Ensure you have the following ready:

1. A comprehensive business plan
2. Financial forecasts (realistic and evidence-based)
3. Proof of business registration and licence
4. Credit history confirmation
5. Evidence of any relevant qualifications/experience
6. Details of any job creation or economic contribution

Apply Online Now

Applications are now open all year round.

1. Gibraltar Enterprise Scheme Online Application Form

Please complete your application in full and upload all required documents.

Need Help?

For questions or support, contact the Gibraltar Enterprise Scheme team:
+350 20071700
gibraltarenterprisescheme@gibraltar.gov.gi

Powered by HM Government of Gibraltar in partnership with Trusted Novus Bank and Gibraltar International Bank