Enterprises and Sustainable Development Minister Miriam Dalli announced that businesses may apply from tomorrow for a one time grant of €1,000 as assistance for the impact made by the pandemic. With many businesses struggling due to the pandemic’s unfortunate consequences, the Minister stated that another scheme relating to rents will be put into effect. This scheme will be granting businesses up to 50% of the rent, according to the size of their businesses.
More schemes were announced however as another relates to an incentive on electricity bills between June and August which will also see a refund of up to 50% of the bill. Malta Enterprise chief executive Kurt Farrugia said that the schemes are intended to assist struggling businesses and companies in order to recover as soon as possible from the effects of COVID-19. Miriam Dalli revealed that the schemes amount to an €12 million investment as part of the Government’s economic regeneration plan.
Photo Source: Miriam Dalli FB