FutureBlock Malta acts with the support and in cooperation with the Maltese government.
Malta provides numerous support programs to startups willing to build or grow their business undertakings. FutureBlock Malta assists startups in applying to Malta’s support plans. We also help startups receive the grants offered by the plans, by establishing the necessary infrastructure, and assist in managing those startups after the application stage.
The goal of this plan is to support small startups that show a viable business model and aim to grow and develop their further economic activity. The plan provides startups with the funding ranging from €400 000 up to €800 000 if they are innovative enterprises. As a part of the Startup Accelerator Programme, it may provide €2 400 of support per registered team member for a maximum of 24 weeks and 5 full-time employees.
You can apply to this plan no more than 3 times. The programme is available until 31st December 2022.
The aim of this plan is to provide seed funding to small early-stage startups that have a promising business model. The funding may range from €10 000 up to €25 000 for startups with the most visible business concept. The startup applying to the program should be Europe-based and have at least one person operating in Malta, part- or full-time. The startup registered members will get €1500/month (per person).
The final date for submitting applications is 30th October 2020. The program is active till 31st December 2020.
This plan aims to support small innovative startups that are in the process of integrating their business operation that has demonstrated high economical and market potential. Malta Enterprise may award a maximum grant of €100 000, limited to €25 000 for any six months. The funding is executed only if the applicant remains a startup at the start of the relevant 6 month period. The startups are required to be Europe-based and have at least 2 persons operating full-time in Malta. The full-time employees will get €1500/month (per person).
The final date for submitting applications is 30th October 2020. The plan is valid till 31st December 2020.
The goal of the program is to support small and medium startups that aim to undertake industrial research and experimental development projects in carrying out R&D Feasibility Studies in preparation for these projects.
This plan may grant the startups, carrying out R&D feasibility studies, from €20 000 up to €50 000 per project. The startups are required to possess at least two full time employees aiming to carry out an industrial research and experimental development project, while the funding is provided at €5000/month per employee.
The projects must be completed within six months from the date of their approval. The program is active till 31st December 2020.
This program aims at supporting small and medium startups that carry out industrial research and experimental development projects. It also encourages cooperation between startups, providing additional assistance for conducting collaborative industrial research or experimental development projects. The collaborative R&D projects must involve collaboration between at least two startups that are independent.
Such projects may also cover projects supported by the Eureka Network and those ones accepted under the Eurostars framework of the European Commission. The startups set up in Malta may receive a funding of €500 000 as well as tax credits for other eligible costs.
The supported projects are to be completed within thirty six months from the start of works. The plan is active till 31st December 2020.
This program aims to support startups operating in Malta, by providing access to advisory services in such areas as market development, business planning, financial planning, startups & entrepreneurship,industrial space audit, etc.
The support is received through a business advisory voucher (which is valid for 6 months) used to pay for an advisory help. The voucher has a monetary value that may not exceed €500 and enables a minimum of five hours of advisory services. Any additional advisory help will be provided in the form of a tax credit which makes 50% of the costs incurred by the startup up to a maximum support of €2000.
The plan is active till 31st December 2020.
This plan offers support to small and medium startups planning to carry out experimental development activities. The program provides startups with tax credits, part of the costs incurred for the loan of highly qualified personnel from large companies and Research and Knowledge-dissemination organisation. The aid represented by tax credits is limited to 50% of the eligible costs.
The plan will be active until 31st December 2020.
This plan aims to help startups that require industrial temporal or permanent space to support their businesses. It covers startups performing business activities in manufacturing, maintenance and repairs of motor vehicles, repair of machinery & equipment, etc. The funding of €25000 may be provided to a single startup over a twelve-month period. It may be also approved for a period of three years, thus the maximum funding per startup may not be higher than €75000.
The applicant is expected to be a startup that in two fiscal years after submitting an application employs one hundred or fewer full-time team members.
The program is active between 1st February 2020 till 31st December 2021.
This plan aims to support value-adding projects that are expected to contribute to the development of new businesses in Malta. It covers business activities in different development stages such as the initial development phase of startups establishing an operational base in Malta, expansion projects, consolidation of activities, and the reorganisation of activities.
The plan may award tax credits or cash grants of up to € 200000 to such startups, taking into account that it may not exceed €200000 over a period of three rolling fiscal years.
The plan is active till 31st December 2020.