Economic Support Measures

On the business side, whether you’re trying to navigate the challenges of digitalisation, globalisation or the market effects of Covid-19, Malta Enterprise has a series of schemes intended to assist start-ups and support established businesses to innovate, expand and grow.

The Ment+ Programme was created to continue offering support along with a number of incentives that are currently available for businesses and self-employed which were negatively impacted by the Covid-19 pandemic:

Change to Grow 2021:

    • Enhanced Business Re-engineering and Transformation Scheme
    • Criteria widened to include self-employed and micro enterprises
    • Double the aid intensity cap from €5,000 to €10,000 for implemented projects
    • Specific resources will be dedicated to support scheme take-up

Restart Incentive Scheme 2021:

    • Tangible support to entrepreneurs who faced serious challenges to their going concern.
    • Entrepreneurs will be offered the possibility to engage professional business advisory
    • The scheme will finance advisory costs up to €5,000 which could be extended to €10,000 to support the implementation phase of the new business initiative.

Smart and Sustainable Investment Scheme 2021:

    • To assist companies in kick-starting the investment cycle after the pandemic
    • To signal the policy direction in terms of new economic niches which the country intends to develop in line with the European Green Deal
    • Incisive aid intensity in the form of cash grants up to €50,000
    • Additional 20% support in the form of tax credits

The cash grant will be increased in the following instances:

    • Investments made in Gozo,
    • Investment made by start-up companies,
    • Investments which directly create new green jobs

To find out about more Economic Support Measures kindly visit:

Visit: www.regeneration.maltaenterprise.com

Call: 114

Email: regeneration@maltatenterprise.com

Malta Enterprise Business Schemes 2021