The European Union is committed to becoming the first climate-neutral bloc in the world by 2050. This requires significant investment from both the EU and the national public sector, as well as the private sector. Apart from being an obligation, the twin transition to more digital and environmentally-sustainable business practices provides an opportunity for enterprises to grow, enhance their competitiveness and improve sustainability of the economic activity. Malta Enterprise, as a pivotal economic development agency in Malta, will be supporting business in their investments to incentivise the adoption of these twin transition paths for growth.
The Smart and Sustainable Investment Grant provides business funding to support the undertaking of investments that lead to more sustainable and digitalised processes leading to the enhancement of competitiveness of the enterprises through the optimisation of the use of resources in their activities.
- To assist companies in kick-starting the investment cycle after the pandemic
- To signal the policy direction in terms of new economic niches which the country intends to develop in line with the European Green Deal
- Investment made by start-up companies,
- Investments which directly create new green jobs