SME Chamber

Incentives for Bicycles and Bicycle-related facilities launched

Transport Malta launched a number of incentives for Bicycles and Bicycle-related facilities. This new financial incentive scheme is aimed at promoting the use of bicycles and supporting infrastructure.
This initiative is in line with the government’s commitment to environmental sustainability and encourages a shift from car usage to active mobility.

 

Key Features of the Incentive Schemes:

  • Grant for Purchase of Bicycles for Hire

– For up to 50 bicycles
– 15.25% of selling price, capped at €85 per bicycle

  • Grant for Bicycle-to-Pedelec Conversion

– €400 per conversion

  • Grant for Installation of Bicycle Facilities (racks, repair stations, etc.)

– 70% of capital expenditure incurred for businesses

Applications from businesses shall be subject to the de minimis State Aid Regulations and applicable thresholds. Eligible applications are now open and can be submitted through Transport Malta’s offices or their website. Should you require any further clarifications please contact Ms Xylona Spiteri on .

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