Secure Funding for Your Business with the Start-Up Finance Scheme

Secure Funding for Your Business with the Start-Up Finance Scheme  

28 November 2024

Starting a new business venture is an exciting and transformative experience, but it can also come with its challenges. To support aspiring entrepreneurs, the Start-Up Finance scheme has been introduced, offering vital financial assistance to those with viable business concepts.  

Eligibility Criteria 

The Start-Up Finance scheme is designed for small businesses with a clear potential for growth. Whether you’re launching a brand-new venture or seeking to scale your existing operation, this scheme presents an excellent opportunity to secure the funding you need. 

Types of Financial Assistance 

Eligible start-ups can access repayable loans, with amounts dependent on the innovative nature of the business and its location: 

• Non-Innovative Start-Ups: Up to €500,000. 

• Innovative Start-Ups: Up to €1,000,000. 

For start-ups situated in assisted areas, these limits increase significantly: 

• Non-Innovative Start-Ups in Assisted Areas: Up to €750,000. 

• Innovative Start-Ups in Assisted Areas: Up to €1,500,000. 

Covered Costs 

The Start-Up Finance scheme covers a range of expenses crucial for establishing a robust business foundation. Eligible costs include: 

• Salaries: Use funds to support your team’s payroll and attract top talent. 

• Asset Procurement: Invest in the essential equipment and technology necessary for efficient operations. 

• Materials and Services: Access specialised materials and services vital to your business success. 

• Establishment Costs: Cover expenses related to setting up operations in Malta. 

Key Dates 

The application deadline for the Start-Up Finance scheme is September 30, 2026. 

How we can help 

At AE Business Advisors, our committed team is here to assist you through each stage of the application process with meticulous attention, ensuring that every detail is expertly handled.