Malta Enterprise is enabled by the Malta Enterprise Act (ME Act) to support the development of enterprise in Malta. Malta Enterprise has developed a new set of incentives for the promotion and expansion of industry and the development of innovative enterprises.
Malta Enterprise provides incentives for foreign direct investors and local enterprises demonstrating commitment towards growth and increase in value added and employment. Enterprises engaged in manufacturing, ICT development activities, Call Centers, Healthcare, Pharmaceuticals, Biotechnology, among others, may benefit from these incentives.
Support for micro enterprises that for the year in which the costs were incurred did not employ more than 30 persons (Full Time Equivalent) and had a turnover that did not exceed €10 Million .
The business advisory scheme is designed to provide business undertakings operating in Malta with advisory services that suit their specific circumstances.
The Business Development Scheme is intended to facilitate high-value adding projects that are likely to offer a significant contribution to the regional development of Malta.
This scheme supports manufacturing undertakings operating from Gozo by reducing their inter-island transport costs.
Collaborating in a network will enable a enterprises to build synergies and attract business deals which would otherwise be difficult to conclude as individual enterprises.
Support to facilitate access to foreign markets including participation in trade fairs and trade missions.
The ERDF e-Business Development Grant Scheme supports Small and Medium-sized Enterprises (SMEs) to invest in Information and Communication Technology (ICT) that will support growth through the diversification of the enterprise’s products and services and significant changes to the enterprise’s production process.
The ERDF Energy Grant Scheme supports enterprises invest in energy saving measures and alternative energy sources.
Competitive grant scheme supporting innovation in Small and Medium-sized Enterprises through investments in environmentally friendly technologies.
The ERDF Innovation Actions Grant Scheme (Innovation) seeks to help Small and Medium-sized Enterprises (SMEs) meet today’s business challenges by stimulating short to medium term projects that result in:
Support to facilitate the development of new markets or assist in the introducing of new services or products in established markets.
Competitive grant scheme supporting Research and Development activities that lead to the development of new or significantly improved products, processes or services.
The ERDF Small Start-up Grant Scheme supports the growth of new enterprises having less than 50 employees.
Get Qualified [Training]
Contact Business First on 144 for further information.
Get Qualified is an initiative that supports the personal development of individuals for the achievement of qualifications and certifications required by industry. The incentive is applicable to individuals following a course of studies leading to a certification, diploma, degree or post-graduate degree courses.
Access to Finance
Loan Interest Rate Subsidies to support new investment projects undertaken by enterprises engaged in manufacturing.
Loan Guarantees facilitate access to finance to assist enterprises in the acquisition of capital assets that will lead to a more effective and efficient production and supply of service/s.
The main objective of this incentive is to support new investment projects undertaken by enterprises engaged in manufacturing.
This Micro Guarantee Scheme shall provide eligible undertakings with a guarantee of up to 80% on loans of up to €100,000 which may be used to finance projects leading to business enhancement, growth and development.
Soft loans support enterprise through loans at low interest rates for part financing investments in qualifying expenditure
Investment Aid Tax Credits are intended to sustain the regional industrial and economic development of Malta. This measure facilitates initial investments by encouraging the setting up of new establishments and the expansion and development of existing businesses.
Research and Development
Since Research & Development initiatives are associated with high risk, it is advisable that undertakings undertake R&D Feasibility studies to determine that the key elements of the proposed research project are based on sound principals.
This measure supports industrial research or experimental development carried out for the acquisition of knowledge leading to the development of innovative products and solutions.
The objective of this initiative is to encourage researchers to exploit intellectual property through the licensing of patented knowledge. The scheme should also encourage investment in research and knowledge creation and exploitation of intellectual property.