This incentive provides a framework for addressing skill shortages by supporting training and re-skilling of existing and new employees. The aim is to support knoweldge transfer and the acquisition of new competences in line with the knowledge and skill requirements of industry.
The aid shall be granted in the form of a tax credit. The Corporation may however approve a cash grant for the partial reimbursement of the wage costs of trainees for undertakings engaged in the manufacturing sector. Such cash grants may not exceed the applicable aid intensity and shall be capped at €8 per hour for each employee trained. Total assistance per undertaking is capped at €1,000,000.
This measure shall support companies wishing to invest in their personnel. Eligible applicants must operate in one of the sectors as per Nace Code defined in the Incentive Guidelines
Fill in the online form, print it and send to:
Malta Enterprise Corporation
Malta Industrial Parks Ltd
Pietà MEC 0001
Applicatons should be submitted prior to the commencement of the training programe. It is recommended that applications are submitted at least 3 months before the commencement of the training programme.