Overview
STARTUP Advance is intended to support small start-up undertakings that are in the process of consolidating a business operation that has demonstrated market potential and is deemed as economically feasible and innovative by the Corporation.
What You'll Get
The Corporation may award a maximum grant of €100,000. The award is limited to €25,000 for any six months and shall only be granted if the beneficiary remains classified as a startup undertaking (as per Section 2.1 of the
Incentive Guidelines ) at the start of the relevant 6 month period.
The grant shall be disbursed at 3 months intervals. Each disbursement shall be calculated by multiplying €1500 to the total number of Full Time Employees who have been engaged with the beneficiary at least 1 full month.
Eligibility
The full list of economic activities eligible under this incentive together with eligibility details may be accessed in the
Incentive Guidelines .
Application Requirements
Fill in the online form, print it and send to:
Malta Enterprise Corporation
Malta Industrial Parks Ltd
Gwardamangia Hill
Pietà MEC 0001
As part of the application process the Corporation may request the applicant to present a pitch to the persons appointed to review the project.
Timeline
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apply
