Malta Enterprise, the government economic development agency
tasked with facilitating growth and attracting new foreign direct
investment, has launched a new incentive programme specifically
designed to support eligible undertakings to participate in a
recognised 'accelerator programme' in Malta.
'Accelerate 2024' provides grants of up to
€100,000, subject to an overall capping for de minimis
assistance of €300,000 over a rolling period of three
financial years for a single undertaking, to support ventures that
are registered in the European Economic Area, have been operating
for less than seven years, and are participating in a recognised
accelerator programme in Malta.
The accelerator programme must be a fixed-term, cohort-based
programme designed to accelerate the growth of its participants by
providing mentorship, resources, funding and networking
opportunities. Businesses that do not have a material presence in
Malta may only be supported in participating in
