The ERDF Small Start-up Grant Scheme supports the growth of new enterprises having less than 50 employees. The scheme is open to start-ups that have been operating for less than 3 years in the manufacturing, Information and Communication Technology (ICT), Research & Development & Innovation (R&D&I), waste treatment & environmental solutions, biotechnology or that are significantly innovative.
The ERDF Small Start-up Grant Scheme will part-finance costs incurred by small enterprises in relation to:
- Wages of employees;
- Renting / leasing of equipment that is required by the enterprise to operate;
- Renting / leasing of production facilities;
- Water and electricity.
|Malta Enterprise Act - Assistance to Small and Medium-Sized Undertakings Regulations (S.L. 463.03)|
This incentive is managed through a competitive call for further details please visit 20millionforindustry.com