Fabian Demicoli

Malta Enterprise extended the deadlines for the one-time grant and rent refund scheme

Deadline for both schemes is the 13th August

Malta Enterprise have extended the deadline for the one-time grant and the rent refund scheme. Registrations will be accepted until the 13th of August 2021.

The one-time grant, is a scheme where a cash grant of €1,000 is given to those businesses which remained closed after 10 May 2021 as per Legal Notices issued by the Health Authority and are in receipt of the Wage Supplement.
An email was sent out to potential eligible businesses containing a link to a simple application process.
Malta Enterprise will simply process the grant in due course with funds being sent directly to the business’ bank accounts.

The rent refund scheme, is eligible for businesses which had to close their operations as a result of government legal notices in March 2021. The businesses are eligible for a refund in the form of a top-up of 50% on the amount received last year.

New applicants who were closed in March and April 2020, and benefited from the wage supplement are eligible for the Rent Refund scheme in accordance with the following cappings:

  • If a business has 1 to 9 employees receiving the wage supplement, there is one eligible rental agreement with a maximum support of €1,250;
  • If a business has 10 to 19 employees receiving wage supplement, there are two eligible rental agreements with a maximum support of €2,000;
  • If a business has 20 to 29 employees receiving wage supplement, there are three eligible rental agreements with a maximum support of €2,750;
  • If a business has 30 to 39 employees receiving wage supplement, there are four eligible rental agreements with a maximum support of €3,500;
  • If a business has 40 and over employees receiving wage supplement, there are five eligible rental agreements with a maximum support of €3,750.

In terms of the application process, businesses which received a rent refund for 2020 and whose rent contract is still valid (not expired or updated) will not need to resubmit copies of their contract.

Meanwhile, businesses which only received a wage supplement during March and April 2021 will be invited to apply for the Rent Refund Scheme covering rent costs incurred in 2021.

If eligible, businesses are encouraged to applies by the 13th of August 2021.

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