Rent Subsidy Scheme launched

A Rent Subsidy Scheme has been launched by Malta Enterprise. 

The scheme is applicable to businesses engaged in manufacturing; maintenance and repairs of motor vehicles; repair of machinery & equipment; and other industrial activities. Applicants as a single undertaking must have employed less than 100 full time persons for the two years preceding the application. The total aid which may be granted to a single undertaking over a twelve-month period will be capped at €25,000. The support may be approved for a period of three (3) consecutive years, thus the maximum aid per single undertaking may not exceed seventy-five thousand euro (€75,000). The rules of the de minimis regulation have anyway to be respected.

More information about the Rent Subsidy Scheme is available in the Incentive Guidelines, which may be viewed here