Author Archives: Alison Calvert

The main purpose of this incentive is to help, assist, and facilitate family businesses transferring their business from one generation to the next by providing benefits including governance and fiscal benefits for better management and organization within the family and the business.

The eligible costs and expenses under this incentive are about:

• Transfer duty of immovable property that had been used for a period of at least 3 years.

• Assessment of duty chargeable when an individual transfers his shares or interest in a partnership, trust, or foundation to family members.

Duty shall be charged on the first €500,000 of the value of the property transferred at the rate of €3.50 per €100.

All undertakings registered as a family business are eligible for this scheme.

The deadline of this application is the 31^st of December 2023.

For more information or assistance with this scheme send an email on [email protected]

With this Grant Scheme, Malta Enterprise aims to support firms carrying out feasibility studies to find out technical and commercial challenges and carry out activities in the preliminary stage that will enable businesses to make more competent decisions.

This Grant Scheme will be in the form of a cash grant of up to fifty thousand euros (€50,000) which shall cover a percentage of the eligible costs depending on the size of the undertaking.

The scheme is available until the 31^st of December 2023.

For more information or assistance with this scheme send an email on [email protected]

The SME Fund is a European Commission initiative implemented by the European Union Intellectual Property Office (EUIPO) and has been launched again this year. This Fund has been open since the 23rd of January and will close on the 8th of December 2023. Funds are available on a first-come, first-serve basis.

The application for this fund can be filled out by an owner, an employee, or an authorized representative acting on behalf of the company. The grant consists of a partial repayment of costs to the beneficiary, up to a maximum of €1,000 per beneficiary in the case of trademarks and designs. Vouchers related to patents are being financed by the European Commission’s financial contribution, and the procedures are still being adjusted.

If all the funds are used before the end of the submission period, the online application system (eForm) will be closed and applicants will be informed accordingly on the SME FUND website.

Interested applicants can visit this link: https://euipo.europa.eu/ohimportal/en/online-services/sme-fund and fill out the relative application form. The SMEs can apply for their trademark and/or design, only after receiving their voucher.

For more information or assistance with this scheme send an email on [email protected]