The information provided in the table below is a high-level summary of the Business Development support measure. Interested applicants should read the full Incentive Guidelines which may be downloaded further down.
Scheme Title | Business Development – Support for Business Development and Transformation |
Version | 1.0 |
Published On | 19th April 2024 |
Overview |
The Business Development Scheme aims to facilitate value-added projects, including new business initiatives, start-up, expansions and transformation activities that contribute to the regional development of Malta. Supported projects are expected to lead to new business opportunities, creation of skilled and highly-skilled employment, increased competitiveness or widening market reach. |
Eligibility |
Eligible Applicants
Eligible Projects must address one of the following categories
|
Type of Aid |
Cash Grants Tax Credits |
Eligible Costs |
Maximum support - €300,000 per Single Undertaking over 3 years covering up to 75% of eligible costs. |
Application Deadline | 30th September 2030 |
Application Submission |
Applications must be submitted through the Corporation’s client portal which may be accessed here. The application form below is for reference purposes only and cannot be edited - the latest applicable version will always be avaialble on the client portal. (First time users will need to register) |
Enabling Legislation |
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Malta Enterprise Act - CAP 463 |
Business Development (2024) Regulations, 2024 |