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Industrial Rent Subsidy 2020

A Rent Subsidy Scheme has been launched by Malta Enterprise. 

The scheme is applicable to businesses engaged in manufacturing; maintenance and repairs of motor vehicles; repair of machinery & equipment; and other industrial activities. Applicants as a single undertaking must have employed less than 100 full time persons for the two years preceding the application. The total aid which may be granted to a single undertaking over a twelve-month period will be capped at €25,000. The support may be approved for a period of three (3) consecutive years, thus the maximum aid per single undertaking may not exceed seventy-five thousand euro (€75,000). The rules of the de minimis regulation have anyway to be respected.

More information about the Rent Subsidy Scheme is available in the Incentive Guidelines, which may be viewed here

 

14/05/2020 MALTA ENTERPRISE
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