Tap into the Business Development Scheme

Under this Scheme, eligible projects include:

• Business set-up, expansion and modernisation for carrying out specific activities

• Digital transformation and business re-engineering initiatives

• Upgrading of industrial facilities and hotels

• Environmental actions

• Innovative new businesses

• Collaborative projects

• Access to markets and certification projects

• Establishment and upgrading of artisan facilities 

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)  

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.

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).