Following the publication of Regulations, Malta Enterprise
launched a Rent Subsidy 2020 Scheme to alleviate the industrial
rental cost of businesses.
Further to the publication of
the Rent Subsidy Regulations, on 14 May Malta Enterprise
launched a Rent Subsidy 2020 Scheme. The scheme financially assists
businesses and self-employed that require industrial space to
commence a new business activity, implement growth plans, handle an
increase in orders and/or carry out process innovations required to
increase efficiency. The scheme has a budget of €2.5 million.
The aid is awarded in the form of a cash grant to subsidise costs
incurred for rental of industrial premises.
The scheme is applicable to businesses engaged in manufacturing,
maintenance and repairs of motor vehicles, repair of machinery and
equipment and other industrial activities. Applicant 'single
undertakings', as defined, must show that in the preceding two
fiscal years they had not been employing more
