Businesses
that are still in their setting up phase require particular assistance to
help them make that first step towards success. Start-ups need a mix of
resources and support in order to flourish, primarily external guidance,
access to finance and a location from where to operate. There are various
incentives available that will help a business take off and establish roots
for successful operations. For Support Measures, kindly refer to the
schemes currently offered by Malta Enterprise by clicking here.
Some
applications related to financial aid may be accessed online through
the Support Measures page, others are accessed from the same page but
applicant has to create a profile on the so-called Client
Portal. Subsequently applicant will create a Business
Entity and finally an application.
Business
Incubation
Business
incubation is an economic development tool designed to accelerate the
growth and success of entrepreneurial start-up efforts through the
mobilisation of an array of business resources and services. To fulfil its
mission in the support of SME formation and growth, Malta Enterprise is
managing the Kordin Business Incubation Centre (KBIC), which is a mixed
technology oriented style incubator. KBIC provides a cost-effective
business environment, a professional image with managerial expertise geared
to the needs of small business.
The facility
has a gross area of 4,800 sq m, a tenancy area of 3,200 sq m and an
additional capacity of about 1,500 sq m. It consists of 57 units, ranging
from 25 sq m to 100 sq m, thus providing a flexible space arrangement. Each
unit is equipped with a basic infrastructure of electricity supply, water,
telephone service and furniture.
The formal
incubation period is set between a minimum of one year to a maximum of
three years.
The target
industrial groups that KBIC is focusing on are:
- Engineering
Design and Development of Equipment Systems
- Renewable
Energy Resources
- Biotech
Projects
- Other
Innovative Projects
Further
information can be obtained from the Manager at KBIC by sending an e-mail
on kbic@maltaenterprise.com or by phoning on (+356) 2398 0000.
Business
Advisory Services
A business
can always benefit from expert advice. An objective point of view can make
all the difference. The business advisory services offered by Malta Enterprise
can support your particular needs for development. Contact us to see how
our advisors can help you. Further details are found in
this link.
Investment
Aid Tax Credits
Tax credits
to support investment and job creation, focusing on attracting new
investment projects and promoting expansion or diversification of existing
enterprises. Further details are found in this link.
Application
for Industrial Space
In
collaboration with Malta Industrial Parks, Malta Enterprise allocates high
quality premises to eligible manufacturing investors. Contact Business First
for guidance on the application for industrial space. Applicant has to
create a profile on the so-called Client
Portal. Subsequently applicant will create a Business
Entity and finally an application.
Micro Invest
Tax credits
to support micro enterprises (employing less than 50) and the self-employed
invest in their business, innovate, expand, implement compliance directives
and/or develop their operations. Further details are found in
this link.
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CONTACT INFORMATION
Business First
Tel: 144
or +356 25422020
email: info@businessfirst.com.mt
or visit Business First
Office at:
Ċentru Joseph Grech
2nd Floor, Cobalt House
Notabile Road
Mrieħel, B'Kara, BKR3000
Malta Enterprise
Kordin Business Incubation Centre
(KBIC)
KBIC Contact Details:
Kordin Business
Incubation Centre
Qasam Industrijali, Kordin ,
Paola Malta PLA 3000
Tel:
+356 25420 000
Updated August 2020