| Scheme Title | Family Business Grant |
| Version | 1.0 |
| Published on | 23rd May 2024 |
| Overview | Family Businesses should plan a for succession aiming retain the status of a family business. Planning should cover issues such as ultimate ownership, financial management, and governance. Malta Enterprise, may support this process through the Family Business Grant by providing part financing of advisory and mediation services required by Family Businesses towards facilitation and planning of succession. |
| Eligibility |
|
| Type of Aid | Cash Grant |
| Eligible Costs |
- Up to 50% of costs incurred for Advisory Services targeting business succession - Mediation Services costs - up to €100 per hour, capped at €2,500 |
| Application Deadline | 31st October 2030 |
| Application Submission |
Applicants should first contact the Family Business Office (FBO) to discussion their succession plan and obtain the endoresement of the Family Business Office. Applications that do not have the FBO endorsement will not be processed. Once the FBO has endoresed the application, this must be submitted through the Corporation’s client portal which may be accessed here. (First time users will need to register) |
Application Forms:
Claim Forms:
| Enabling Legislation |
|---|
| Malta Enterprise Act |
| Other Links |
|---|
| Family Business Act |