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) 25420000.
CONTACT INFORMATION
Business First
Tel: 144
or +356 25422020
email: click here
or visit Business First Office at:
Ċentru Joseph Grech
2nd Floor, Cobalt House
Notabile Road
Mrieħel, B'Kara, BKR3000
Malta Enterprise
Malta Enterprise website
Malta Enterprise contact details
Kordin Business
Incubation Centre (KBIC)
KBIC Contact Details:
Kordin Business Incubation Centre
Qasam Industrijali, Kordin ,
Paola Malta PLA 3000
Tel: +356 25420
000
Updated July 2021