Eligible Projects
Eligible projects include those aimed at upgrading hotels which have a valid and active MTA licence where such an investment results in an improvement in the services provided, excluding routine maintenance and upkeep.
Eligible Costs
Eligible costs under this scheme include:
Wage costs
Lease and rental of industrial and non-residential properties
Advisory services
Procurement of tangible and intangible assets
Digital technologies
Construction and related services
Relocation of employees (subject to certain conditions)
Applicable aid intensity
The aid awarded under this scheme can be in the form of tax credits, cash grants or a mix of both, and is capped to €300,000. Given that this is a De Minimis Scheme, consideration should be made to the De Minimis Aid awarded to the single undertaking over a rolling period of three years.
The aid is calculated as a percentage of eligible costs, with the applicable percentage determined at the discretion of Malta Enterprise Corporation, but in any case, will not exceed 75% of the eligible costs.
Deadline
This Scheme is available until the 31 December 2030. A complete application must be submitted with Malta Enterprise Corporation prior to the commencement of the investment project and by the 30 September 2030 (latest).
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