Malta Enterprise has launched new guidelines for the Business Development Scheme, providing aid in the form of tax credits and/or cash grants of up to €300,000 covering up to 75% of eligible costs to support value added projects.
Eligible projects
- The setting up, expansion and modernisation of facilities for the carrying out of the following activities:
- Manufacturing;
- Industrial service analogous to manufacturing;
- Maintenance repair and overhaul of electro mechanical equipment, air craft, and sea going vessels;
- Software development;
- Video game development;
- Development and/or provision of digital solutions intended for an international markets;
- Waste recycling;
- Product development and design;
- Activities related to development and manufacture of pharmaceuticals and medical devices;
- Filming, recording and editing of audio and visual content;
- Research and development.
- Environmental actions
- Innovative new businesses
- Facilitating employment of workers with disabilities
- Collaborative projects
- Upgrading of industrial sites and hotels
- Establishment and upgrading of artisan facilities
- Business re-engineering and digital transformation
- Access to markets and certification
Eligible costs
Eligibal candidates
- The measure does not apply to enterprises that generate revenue:
- Directly or indirectly through gambling activities;
- The sale of real estate as a business activity;
- Wholesale or retail activities;
- The provision of financial services.
- The measure does not apply to public entities;
- Applicants must not be defaulting on Income Tax, VAT and Social Security payments; and
- Applicants must be eligible to receive de minimis aid.
Application deadline
Applications for assistance under this Scheme may be submitted by 30 September 2030.
How can we help?
Our team is ready to assist you in understanding how this scheme can best benefit your business and guide you through the application process.
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