The objective of this scheme is to support formal collaboration between enterprises by assisting in the setting-up, expansion and animation of innovation clusters. The aid will be provided exclusively to the enterprises operating the cluster which must have the sole purpose of promoting Industrial Research and Experimental Development.
Any Undertakings setting-up or operating an innovation cluster made up of a mixture of SMEs and large undertakings, with the aim of carrying out or promoting Industrial Research and Experimental Development activities may be supported under this incentive.
Malta Enterprise may support the cluster by part-financing investment costs related to land, buildings, machinery and equipment and operating costs such as personnel and administrative costs for the management of the cluster's facilities and activities to enhance the networking between the members of the cluster.