This measure is intended to sustain the regional industrial and economic development of Malta by facilitating initial investments. Eligible investments must result in one of the following:
- setting up of a new establishment
- extension of the capacity of an existing establishment
- diversification of existing business
- fundamental change in an overall process
- acquisition of assets of an establishment that would have closed down
Tax Credits, Cash Grants, Loan Interest Rate Subsidies
Loan Guarantees (for SMEs only)
The intensity of aid is dependent on the size and location of the project
Types of enterprise: Small and medium-sized enterprise; Large enterprises operating from assisted areas and having an initial investment in a new economic activity
- Eligible projects must result in a qualifying activity as detailed in the guidelines
- applicants must operate from Malta and be incorporated in the European Union as a limited liability company, a partnership en nom collectif, en commandite (registered under Article 27(6) of the ITMA, or co-operative or similar set-up.
- Applicants must not be defaulting on Income Tax, VAT and Social Security payments
- Applicants must not be considered Undertakings in Difficulty
- Projects must have started after 1st January 2024
