Start-up Investment Grant Scheme €7M

In recent years the number of SMEs in the Maltese economy increased by approximately 20%. However, the creation of start-ups is still a significant challenge.

The Start-up Investment Grant Scheme’s scope is to assist start-ups to part-finance their initial productive investment in both tangible and intangible assets, in line with a business plan, to implement their business growth strategies. 

This scheme seeks to assist start-ups established for less than three years, through a non-repayable grant to part-finance their initial productive investment costs to implement their business growth strategies. 

Eligible undertakings

Start-ups engaged in one of the following activities:

  • The production, manufacture, improvement, assembly, preservation, processing of goods, materials, commodities, equipment, plant machinery;
  • Biotechnology, Pharmaceuticals and Life Sciences;
  • Research and Technological Innovation;
  • The repair, overhaul or maintenance of pleasure crafts, yachts having less than 100gt, aircraft, engines or equipment incorporated or used in such vessels or aircraft;
  • Information and communication technology (ICT) development activities, software development;
  • Eco-innovations, and environmental solutions;
  • The creation of tourism products and services as a result of networks created between traditional tourism service providers and the crafts and artisan sector;
  • The development and provision of tourism products and services related to emerging niche markets;
  • The development and provision of tourism products and services related to the promotion of natural and cultural heritage;
  • The development and provision of tourism products and services relating to social tourism with specific focus on senior tourists, accessible tourism and active ageing;
  • The development of innovative concepts, products and services offered by Boutique Hotels and Palazzini;
  • The development, and/or provision of E-health solutions;
  • The development and provision of services and products promoting healthy living;
  • The development and provision of services and products promoting active ageing;
  • The development and provision of services and products related to child-day care;
  • The development and creation of crafts and artisan products;
  • Retail activities by self-employed and family businesses engaged in craft;
  • Start-ups proposing products and/or services that can be marketed and distributed internationally and which are typically more advanced than those prevailing in their respective industry in terms of technology, know-how and skills.

Eligible actions

This Grant Scheme will support Investment in Tangible and Intangible assets required by the start-up for its operations in line with an approved business plan.

Eligible costs

  • lease of private operational premises
  • construction/up-grades of private operational premises
  • purchasing of new equipment, machinery and plant
  • patents and licenses

Maximum Grant capped at €300,000 part-financing eligible expenditure up to 50%. 

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