Deadline: October 31, 2030
Applications are now open for the Support for the Rental and Acquisition of Industrial Space Program, which supports undertakings engaged in industrial activities that require industrial space to start a new business, expand operations, optimise supply chains, or diversify processes.
The support facilitates the rental or purchase of private industrial premises required for long term development strategies.
Funding Information
- Undertakings may be supported through cash grants and/or tax credits, and the total support that may be approved per single undertaking shall be limited to three hundred-thousand-euro (€300,000) over any rolling period of three (3) years. The approved support will be disbursed over a period of up to six years and the total annual disbursement shall be capped at fifty-thousand euro (€50,000).
Qualifying Activities
- An eligible undertaking may be supported for renting or acquiring business premises required for the carrying out or expanding of one or more of the following Qualifying Activities:
- Manufacturing activities;
- Artisanal activities;
- Industrial Packaging activities;
- Maintenance and Repairs of Motor Vehicles;
- Repair of Machinery & Electrical Equipment.
- Industrial Laundry Services
Eligibility Criteria
- You are eligible for the Support for the Rental and acquisition of Industrial Space scheme if you are a limited liability company, a partnership, cooperative or a self-employed.
- To be considered for support the applicant must meet all the criteria established below:
- The Applicant must not have dues in relation to VAT, Income Tax, and Social Security. The Corporation shall refuse applications from undertakings that have dues in relation to VAT, Income Tax, and Social Security payments that in total exceed €1,000, unless the applicant has a repayment agreement to settle any dues that is being honoured. The Corporation may, at its discretion, accept applications from undertakings that have dues in relation to VAT, Income Tax, and Social Security payments, of up €1,000, after considering the reasons for these dues as provided by the applicant and on the condition that the applicant commits to regularise these dues within an established timeframe.
- The applicant must not be engaged in activities specifically excluded under the de minimis Regulation;
- The applicant must at the point of application be employing less than 250 persons on a full-time basis.
- The applicant must not be subject to collective insolvency proceedings or must not fulfil any criteria under Maltese law for being placed in collective insolvency proceedings at the request of its creditors.
- Support shall only be considered when the applicant meets one of the below conditions:
- Applicant is in the first three (3) years of operation. For the purposes of this measure a start-up is:
- an undertaking registered in the thirty-six (36) months prior to the submission of the application that is not related to other entities already carrying out a business activity; or
- an undertaking that can demonstrate that no trade income has been generated in the last two (2) fiscal years and that is not related to any undertaking carrying out the same qualifying activity.
- requires additional space to expand or diversify operations. Where the additional space required exceeds 200sqm, this shall be supported through a space audit.
- requires new industrial premises due to termination of a prior lease and consequent forced eviction as verified by a termination notice issued by the landlord. In such instance, the support shall be limited to the difference in rental costs to be incurred by the applicant.
- Is procuring industrial space from which the applicant shall carry out a sustainable qualifying activity which is currently carried out from rented premises of an equivalent area.
- Applicant is in the first three (3) years of operation. For the purposes of this measure a start-up is:
For more information, visit Malta Enterprise.