Malta Enterprise has launched new guidelines for the Start-up
Finance Scheme, providing funding in the form of a repayable
advance in the range of €500,000 to €1,500,000 to support
viable start-up undertakings.
Are you eligible?
To be eligible for support under this Scheme, the applicant must
meet the definition of a "Small Start-up Undertaking".
"Small Start-up Undertakings" are defined in the Scheme
Guidelines as:
- Unlisted small enterprises up to five years following
registration, which meet a set of cumulative conditions laid out in
the Scheme guidelines; and which
- At time of application, must employ less than 50 full time
equivalent employees, and have an annual turnover or annual balance
sheet total which does not exceed Eur10 million.