During a press conference held at Malta Enteprise office, Dr Chris Cardona announced a new scheme, Business Start (B.Start), aimed at assisting new start ups. Through this scheme, Malta Enterprise will be offering a seed funding for start-ups up to a maximum grant of €25,000.
The measure is intended to support small start-up undertakings that have a viable business concept and are in the early stage of its development.
An initial installment of €10,000 shall be paid once the project is approved.
Subsequent installments shall be paid quarterly after the Corporation reviews and endorses that the progress achieved is in line with the business plan as approved or as adjusted to adapt to market requirement.
Further information on B.Start can be found by clicking here