Seed funding for start-ups

Luca Caruana  -  27/April/2016

Business Start is a scheme offered by Malta Enterprise and it is intended to support Small Start-up undertakings that have a viable business concept and are in the early stage of development.  Initiatives that are deemed to be economically viable shall be supported through a cash grant of up to Euro 25,000 and support is limited to 12 months. 

In order to be eligible to such funding, small start-up undertakings must be engaged in one or more of the following activities:

  1. Manufacturing;
  2. Information Technology, Digital Media and Communications;
  3. Research, Development and Technical Innovation;
  4. Biotechnology, Pharmaceuticals and Life Sciences; or
  5. Other start-up undertakings 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.

Kindly note that application forms and business plans have to be received by Malta Enterprise by not later than 30th June 2016.   

At KSi Malta, we have a team of experts that can help you in the submission of this application.  If you would like to know more please contact our Tax Advisor, Kristine Scerri on kscerri@ksimalta.com.

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