Malta Enterprise: Support Measures & Other Services
Business Enhance
Digitalise your Micro Business
This incentive seeks to assist Micro Enterprises through non-repayable grants to part-finance investment to digitalise their operations, and hence improve their resilience, efficiency, productivity and customer experience by addressing new digital capabilities and digitalised processes such as product and process design and engineering, end-to-end procurement, supply chain/distribution and after sales. This scheme is funded through the Recovery and Resilience Fund and will part-finance 50% of the eligible costs with a maximum funding amount of €10,000 per digitalisation investment in digital technologies per operation. Investments in Gozo will benefit from an additional 10% aid intensity.
Equipment and Machinery SME Grant Scheme
The scheme seeks to support investment in equipment and machinery aimed at directly improving the productivity of the enterprise. Such investment can be aimed at expanding, diversifying, and/or innovating the operations, and by supporting initial investments. This scheme is funded through the European Regional Development Fund and will part-finance 50% of the eligible costs with a minimum funding amount of €10,000 and maximum funding amount of €120,000 per operation. Investments in Gozo will benefit from an additional 10% aid intensity.
Digital Intensification Grant
This incentive seeks to assist eligible enterprises in digitalisation through non-repayable grants to part-finance initial investment for SMEs, or an initial investment in favour of a new economic activity in the case of large enterprises. The focus will be on the investment in new digital technologies that will encourage the growth of the business. This scheme is funded through the Recovery and Resilience Plan and this particular scheme may part-finance between 10% and 35% of the eligible costs, depending on the region in which the investment shall be effected (up to a maximum grant of €200,000 per undertaking).
SME Digitalisation Grant
This scheme is funded through the Recovery and Resilience Plan which will part-finance up to 50% of the cost for investments in Malta and 60% of the cost for investments in Gozo (up to a maximum grant of €50,000 per undertaking).
SME Consultancy Grant Scheme
This scheme supports the development of: Business Plan, Feasibility Study, Organisation and Operations Review, Process and Systems Review.
Grant value is set at a lump sum of €4,000 representing an aid intensity of 80% of the eligible costs.
Malta Development Bank
Guaranteed Co-Lending Scheme for SMEs (GCLS) by Malta Development Bank
Enhancing access to finance to SMEs with large loan requirements that exceed the maximum of €750,000 under SGS. Maximum loan of €10 million. The Scheme offers 2 types of loan tenors; with a max. of 10 years and 15 years.
Guarantee Scheme for SMEs (SGS) by the Malta Development Bank
Access to bank credit to SMEs for new investment and business transfers. Up to €1 million with a term of loan of up to 10 years.
Further Studies Made Affordable Plus (FSMA+)
The maximum size of eligible loans guaranteed under the facility is €100,000, with a maximum loan term of up to 15 years, including the moratorium period. No minimum loan size is applicable.
MIMCOL Seed Investment Scheme
The Seed Investment Scheme offers incentives in the form of tax credit to investors in return for investment in qualifying Maltese start-up or ear stage companies. The scheme offers young entrepreneurs a route to vital funding in the initial stages of their project by effectively minimizing the risk to investors.
R&I Programmes by MCST
Fusion Technology Development Programme LITE by MCST
Financial support for research, development, and innovation preferably within the SMART Specialisation Areas identified in Malta’s National Research and Innovation Strategy 2020. Maximum support of up to €150,000.
Fusion Technology Development Programme by MCST
Financial support for research development and innovation. Maximum support of up to €150,000.
Space Research Fund
The Space Research Fund continues to provide financial support for research, development and innovation in the downstream Satellite Earth Observation (EO) sector, specifically projects that deal with the processing and exploitation of data collected through EO satellites. The call is open to all Maltese legal entities under three funding modalities (De Minmis ; GBER ; State Aid n/a). A proposal can apply for a grant of up to €150,000 in order to carry out their research projects during a period of 20 months across two stages. Funded projects under this Call must start between August and September of 2023.