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Support Measures and Other Services

In order to help our clients further improve their competitive edge, Malta Enterprise has developed various incentives for the promotion and expansion of industry and the development of innovative enterprises.

Malta Enterprise provides incentives for enterprises demonstrating commitment towards growth, an increase in value added and employment. Enterprises engaged in manufacturing, ICT development activities, call centers, healthcare, pharmaceuticals, biotechnology, aviation and maritime services, education and training, logistics and more may benefit from these incentives.

The Access to Finance: Soft Loan is a financial instrument designed to support undertakings engaged in a manufacturing or service activity, accelerate their plans in establishing new products or entering a new geographic market, addressing environmental concerns and digitise processes.

The measure will support Small and Medium Sized Enterprises (SMEs) with a guarantee to be used against a bank loan required for the setting up of a new establishment or for the extension of the capacity of an existing establishment. The measure is applicable until 31st December 2021. 

The Investment Aid Scheme aims to sustain the regional industrial and economic development of Malta.  This measure facilitates initial investments by encouraging the setting up of new establishments as well as the expansion and development of existing businesses.

The scheme has the scope to support undertakings that have the technological competence to set-up and/or develop production units that result in products and services that:

• support health authorities in their work to control the COVID-19 pandemic; or
• the health sector can use in treating COVID-19 health issues;
• can be used to limit and contain transmission (and health risks) during and post the COVID-19 outbreak.

 

The aim of this measure is to support Small Start-up Undertakings that demonstrate a viable business concept and that exhibit commitment to expand and further develop their economic activity.

This measure facilitates value added projects, including new business initiatives, expansions and transformation activities that shall contribute to the regional development of Malta.

The scheme will assist operators in the construction industry to scrap and replace old machinery and/or equipment with new machinery and/or equipment that generates less environmentally harmful emissions and to invest in new equipment that has the sole purpose of reducing the environmentally harmful emissions released by the activity.

This measure has the objective of supporting retailer, wholesalers and other undertakings in the retail value chain to invest in in-store solutions that allow for the sale of items through reusable containers and in related investments required to implement and facilitate solutions that reduce the use of single-use plastic.

The Interest Rate Subsidy scheme is a new measure to support qualifying businesses to subsidise the cost of debt finance of a term loan. Through the support, Malta Enterprise is aiming to facilitate investment in industrial and innovative setups by enabling them to develop their operations and take products and services to the market.

The loan covered by the subsidy shall be issued to procure tangible assets which may consist solely of construction and / or modification of buildings, plant, machinery and equipment. 

Application for the allocation of industrial spaces larger than 300 sqm

Application for Industrial Space for Small Business Activities

Malta Enterprise Corporation in collaboration with the Energy and Water Agency shall be supporting undertakings in carrying out investments leading to improved energy-efficiency. The assistance is intended to facilitate investments in technological solutions that provide higher energy efficiency and contribute directly towards a reduction in the energy requirements of the beneficiaries.

The aid awarded through this measure shall be in the form of a cash grant or a tax credit (which can be utilised against tax payable by the beneficiary) or a combination of both.  

The Smart and Sustainable Investment Grant provides business funding to support the undertaking of investments that lead to more sustainable and digitalised processes leading to the enhancement of competitiveness of the enterprises through the optimisation of the use of resources in their activities.

In the budget speech for 2018, a measure was announced which provides for a tax benefit to individuals who were not yet forty years of age on the date of the commencement of the course, and who graduate with a PhD, Masters Degree or Postgraduate Diploma (minimum 60 credits) (MQF level 8 or 7).

People with disabilities continue to face extensive challenges and a wide range of barriers in their place of work. However, today’s technological developments contribute significantly towards inclusion and reduce certain barriers in the field of employment.