Accelerate 2024

The information provided below is a high-level summary of the Accelerate 2024 support measure.  Interested applicants should read the full Incentive Guidelines which may be downloaded further down. (The guidelines are being published for information purposes only)

Scheme Title Accelerate 2024
Version 1.0
Published on 10th April 2024
Overview Accelerate supports Undertakings in their initial 7 years in financing participation in an Accelerator Programme recognised by Malta Enterprise.  This measure in intended for ventures with potential for growth, that have a viable business concept based on sound technical and scientific knowhow and that are in the process of developing the technology into a market ready offering.

Applicants must be:

  • registered businesses within the European Economic Area
  • established  not earlier than 7 years from submission of application
  • engaged or plan to be engaged in one of the following Activities:
    • Manufacturing;
    • Software development;
    • Industrial services analogous to manufacturing;
    • Health, Biotechnology, Pharmaceuticals and Life Sciences;
    • Other economic activities which are enabled through knowledge and technology and which have the potential to expand internationally as may be approved by Malta Enterprise.
Type of Aid Grant of up to €100,000
Eligible Costs
  • Accelerator participation fees
  • Travel and per diem
  • Corporate Service Provider fees
  • Rent of business premises in Malta
  • Rent of plant, machinery and equipment
Application Deadline 31st October 2030
Application Submission

Interested Applicants should contact their relations representative at Malta Enterprise to discuss the application process and obtain the relevant application form.

Applications must be submitted through the Corporation’s client portal which may be accessed here.

(First time users will need to register)