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CYBER+ALT Grant Scheme

CYBER+ALT Grant Scheme


This incentive seeks to assist SMEs through non-repayable grants to part-finance investment that will enhance their overall level of security and resilience in order to be in a better position to handle cyber threats and be proactive to meet future challenges. This will improve the capacity of the local organisations whilst increasing the level of investment made in cybersecurity locally.

Eligible Organisations

Small and Medium-sized Enterprises (SMEs).

Financing

This scheme is co-funded through the Digital Europe Programme (DEP) (50%) and National Funds (50%). Eligible projects will be part-financed up to 80% of the cost for investment in Malta, for a maximum grant of up to €60,000 per project. The allocated budget for this scheme is set at €2,000,000.

Visit the below link to read further.

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EENergy Energy Efficiency Grants

EENergy Energy Efficiency Grants

Source of Funding: Enterprise Europe Network

Is your company in search of support for energy efficiency improvements?

In 2 years EENergy project will distribute €9 million in form of 900+ grants for SMEs throughout Europe to engage in activities, purchases or integrations that will improve their overall energy spendings with a minimum of 5 %.

Each company can apply for maximum 10 000€ grant with 100% financing. EENergy project is implemented in cooperation with Enterprise Europe Network sustainability services under the Single Market Programme.

To apply find your Enterprise Europe Network local contact point and be in touch with our sustainability advisors!

Visit the below link to learn further.

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Digitalise your Micro Business

Source of Funding: Fondi.eu

This incentive seeks to assist Micro Enterprises through non-repayable Grants to part-finance investment to digitalise their operations, and hence improve their resilience, efficiency, productivity and customer experience by addressing new digital capabilities and digitalised processes such as product and process design and engineering, end-to-end procurement, supply chain/distribution and after sales.

Eligible Organisations

Micro Enterprises

Financing

This scheme is funded through the Recovery and Resilience Fund and will part-finance 50% of the eligible costs with a maximum funding amount of €10,000 per digitalisation investment in digital technologies per operation. Investments in Gozo will benefit from an additional 10% aid intensity.

Check out the below link to download guidelines and to check the next cut off date.

Please find hereunder a recording of the information session held in May 2023.

 

Video source: click here.
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SuperCharger Ventures

Source of Funding: SuperCharger Ventures

­SuperCharger Ventres' accelerator programme in Malta is catered to a diverse range of founders seeking to:

  • Expand their team by 3 to 10 people and consider remote work options from Malta, which can be finacned with up to 75% of their salaries through soft loans.
  • Access EU market through local POC and international reference clients and a European presence of 500 million consumers.
  • Invest heavily in tech and research, specifically AI and realted fields. Malta offers a wealth of highly skilled students and employees and a fast track for visa applicants for specific industries.
  • Raise more than a million euros in funding and access additional non-dilutive funding to supplement their pool of funds.

Read further on this programme on the below link or download their brochure from here.

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Seed Investment Scheme

Source of Funding: MIMCOL

The Seed Investment Scheme (SIS) has been introduced in order to help start-ups raise equity finance.

The Seed Investment Scheme offers incentives in the form of tax credits to individual investors resident in or operating in Malta, who invest in a qualifying Maltese start-up or early stage companies. The scheme offers young entrepreneurs a route to vital funding in the initial stages of their project by effectively minimizing the risk to investors.

Some important points to consider are:
  • SIS investors can receive a maximum of €250,000 tax credit in a single tax year,
  • A company can raise no more than €750,000 in total via SIS investment.
  • Investors can receive up to 35% tax relief in the tax year the investment is made.
  • The company seeking investment must be incorporated and based in Malta.
  • The company must not have more than 10 employees.
  • The company must be no more than three years old.
  • The company must have assets of less than €250,000.
Most commercial activities are acceptable for SIS funding, however there are some exclusions:
  • Dealing in immovable property, shares, securities and/or other financial instruments; Dealing in goods other than in the normal course of business;
  • Carrying on banking, insurance or any other activity covered by the Investment Services Act, the Banking Act, and the Financial Institutions Act;
  • Providing legal, accounting or other professional services;
  • Activities relating to development of immovable property;
  • Receiving royalties or license fees;
  • Operating or managing hotels, hostels, guest houses or residential care homes;
  • Carrying on activities in connection with the generation of electricity and other energy sources;
  • The holding of shares, whether directly or indirectly, in any company which carries out any of the activities listed in any one or more of paragraphs above.

Visit the below link to read further.

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COST Action Call 2023

Source of Funding: COST - European Cooperation in Science & Technology

Participants are invited to submit COST Action proposals contributing to the scientific, technological, economic, cultural or societal knowledge advancement and development of Europe. Multi- and interdisciplinary proposals are encouraged.

The Open Call Action proposal submission, evaluation, selection and approval (SESA) procedure is fully science and technology-driven and will ensure a simple, transparent and competitive proposal evaluation and selection process, reflecting the bottom-up, open and inclusive principles of COST.

Participants planning to submit a proposal for a COST Action will need to refer to the SESA guidelines and to the Open Call Announcement available on the below link.

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InnoBuyer Call - Fast Track to Innovation Procurement

Source of Funding: European Union

In a world of never-ending changes, your organisation's capacity to quickly answer to new challenges is key for its success. But these challenges can be so specific that you may not have the expertise and resources to address them, nor find a suitable external solution for your need. This is when you consider looking for an innovator to co-develop a new solution. And with this approach, a set of questions arises:

  • How do you define and describe your challenge to ensure it is properly understood by the innovator?
  • How do you find innovative companies with the best expertise and resources to solve your problem?
  • How do you monitor and evaluate the innovators’ progress?
  • And if you manage to co-develop a good solution, how do you conceptualize and create Terms or Reference for a simplified Innovation Procurement?

InnoBuyer programme will fund activities under four different actions. The Challengers selected to take part in the programme will get support from the InnoBuyer consortium to further define their unmet needs and translate them into a challenge (Action 1), that can be launched in a call for innovation suppliers/Solvers.

Once the best Solver for each particular challenge gets selected (Action 2), Challengers and Solvers will co-create and pilot an innovative solution (Action 3). If by the end of the process the solution shows promising results, Challengers will receive support to launch an innovation procurement procedure  (Action 4) for the wide adoption of the solution.

Visit the below link to read further.

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COST Open Call 2022

Source of Funding: COST

Participants are invited to submit COST Action proposals contributing to the scientific, technological, economic, cultural or societal knowledge advancement and development of Europe. Multi- and interdisciplinary proposals are encouraged.

The Open Call Action proposal submission, evaluation, selection and approval (SESA) procedure is fully science and technology-driven and will ensure a simple, transparent and competitive proposal evaluation and selection process, reflecting the bottom-up, open and inclusive principles of COST.

Participants planning to submit a proposal for a COST Action will need to refer to the SESA guidelines and to the Open Call Announcement on the Documents and Guidelines page.

 

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EIC Support Scheme

Source of Funding: Malta Council for Science and Technology

The Malta Council for Science and Technology (MCST) is pleased to announce the launch of the European Innovation Council (EIC) Support Scheme.

EIC Work Programme 2023

The European Commission adopted the 2023 work programme of the European Innovation Council. It opens funding opportunities worth over €1.6 billion in 2023 for breakthrough ideas.

The scheme is intended to support single companies classified as SME[1] (including Start-Ups) or other entities established in Malta, who plan to apply as sole applicant, or leader of a consortium, to all options of the  European Innovation Council Programme., including PathfinderTransition and Accelerator.

According to the EIC program they will apply, applicants may select different relevant options to receive support, as described below and in detail in the Support Scheme documentation C (which covers the full stage application) depending on the stage of their EIC application and/or project.

Available options:

  • Option A – Proposal Development Grant: this grant allows the recipient to be reimbursed up to 10,000 Euros to cover the costs of a grant writing support consultant. The consultant will provide a full and comprehensive support during the whole process of proposal development. This grant is applicable for the following EIC programs: EIC Pathfinder and EIC Transition first stage proposals (the Maltese applicant must be project coordinator to qualify for this grant), and  EIC Accelerator stage 2.
  • Option B – Business Coach Grant: this grant allows the recipient to be reimbursed up to 5,000 Euros to cover the costs of a business coach. The option is exclusively available for EIC Accelerator stage 1 applicants. The coach will provide their services to support the development of a slideshow and preparation for the interview, as well as providing coaching services to improve the quality of the business case and increase chances of success.
  • Option C – Pitch Coach Grant: this grant allows the recipient to be reimbursed up to 2,000 Euros to cover the costs of a pitch coach. The pitch coach will support the person(s) who will make the business case pitch to improve their presentation skills and preparedness during the interview. This option is available for EIC Transition 2nd stage and EIC Accelerator 1st stage.

Visit the below link to download the guidelines and application forms.

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