The European Union is committed to becoming the first climate-neutral bloc in the world by 2050. This requires significant investment from both the EU and the national public sector, as well as the private sector. Apart from being an obligation, the twin transition to more digital and environmentally-sustainable business practices provides an opportunity for enterprises to grow, enhance their competitiveness and improve sustainability of the economic activity. Malta Enterprise, as a pivotal economic development agency in Malta, will be supporting business in their investments to incentivise the adoption of these twin transition paths for growth.
The Smart and Sustainable Investment Grant provides business funding to support the undertaking of investments that lead to more sustainable processes leading to the enhancement of competitiveness of the enterprise through the optimisation of the use of resources in their activities.
Eligible invstments may benefit from a cash grant of up to €100,000 capped at 50% of eligible costs in machinery and equipment resulting in the applicant becoming more sustainable. A further tax credit of up to €40,000 may be awarded if criteria established in the guidelines are met.
Deadline for applications is 30th November 2023.
The application below is for reference purposes only. The latest version of the application form should be downloaded from and submitted through the Corporation's Client Portal