Digitalise your SME Business

This Grant Scheme seeks to support digitalisation investment initiatives by Start-ups and SMEs, in several economic sectors, in their digitalisation endeavours and to intensify the digitalisation of operations. Digitalisation is crucial as it can help provide better services and products of higher quality, as well as improve the management of resources to increase efficiency and reach new markets.

Who is eligible for this scheme?

Micro, Small and Medium-sized Enterprises.

What costs are covered by this aid?

This Grant Scheme will support eligible enterprises to procure:

• Digital Solutions
• Commercial Off-The-Shelf (COTS) and Custom Software 
• Hardware (such as Laptops, Docking Station, Port Replicator, Monitors, Tablets)
• Analytical Tools (including necessary hardware and software)
• Cyber Security systems 
• Cloud computing 
• Internet of Things (IOT)
• Artificial intelligence (AI)
• Big Data analysis
• Cyber Security
• Quantum Technology
• Routers, switches and WIFI related equipment 
• Other hardware, software or Digital Solutions (identified in the application and not already identified above, which the division may consider eligible under this scheme) 
• Installation including any training costs on the use of the specific item acquired under points above and included in the purchase price of the item in question, and thus from the same provider.

Note: For subscription-based software, the cost of a 2-year subscription will be considered as the eligible cost item.

In addition to the above, applicants are also entitled in their operations budget another simplified cost option, being a flat rate on the eligible expenditure, to reflect as follows:

• 7% flat rate to finance any indirect costs related to the investment

What is the maximum amount of funding which can be obtained?

The minimum grant value under this scheme is set at €10,000 whilst the maximum grant value is set at €128,400 for eligible actions, including an additional 7% flat rate to finance any indirect costs related to the investment. Applications under de minimis Regulation are eligible for part-financing eligible costs up to 50% for investments in Malta and 60% for investments in Gozo.

Applications under Start-up are eligible for part-financing eligible costs up to 60% for investments in Malta and 70% for investments in Gozo

When are the cut off dates for this Scheme?

Should you require any further assistance or require any further information about the reduced rate of tax, do not hesitate to contact us so that we may assist you.

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