EUR25,000 Grants by Malta Enterprise
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MicroInvest This scheme supports micro enterprises and the self-employed that invest in their business, innovate, expand, implement compliance directives and/or develop their operations. Micro enterprises and self-employed will be supported through a tax credit representing a percentage of the eligible expenditure and wages of newly recruited employees and/or apprentices.
MicroInvest covers investments undertaken between 1st January 2010 and 31st December 2011. The following are eligible expenses for this incentive: · Furbishing and upgrading of business premises for improved operations; · Machinery or technologies to improve operations; · Machinery or technologies which save or generate energy; · Investments which enable compliance with regulations, including Health & Safety, Environment Directives and Physical Access; · Cost of one commercial vehicle as long as such vehicle is involved in the transport of goods as specified in the guidelines; · Wage Costs for new jobs created and/or apprenticeships taken, as long as these constitute a net increase in the total number of employees as of the 10th November 2009.
Applications should be made to Malta Enterprise once a year after the costs have been incurred.
Interested ? Call our officers in charge of the scheme today on 21654567
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