Encourage enterprises to invest in sustainable and digitalised operations
Posted: Wed Feb 19, 2025 10:32 am
The project also aims to incorporate innovative and sustainable technology, such as solar paving, smart benches, and smart solar bins.
The demand for greener travel will continue to increase in the future, and so will the expectations of ‘green’ travellers, who will demand more than the traditional water and energy-saving measures. These developments will put destinations and travel companies under increased scrutiny by discerning holidaymakers, and destinations and service providers who demonstrate a tangible commitment to the natural environment will become even more attractive.
To further encourage enterprises to invest, businesses in Malta can benefit from up to macedonia mobile database €70,000 to implement projects which lead to more sustainable and digital processes.
The ‘Smart & Sustainable Scheme’, managed by Malta Enterprise, incentivises more competitiveness and better use of resources, enhancing the economic activity of these businesses.
Through the Smart & Sustainable Scheme, businesses are entitled to receive 50% of the total eligible costs, up to a maximum €50,000 for each relevant project.
Businesses fulfilling the criteria for this scheme may also benefit from a tax credit of up to €20,000 for each product which satisfies at least two of the three conditions, as detailed below:
New investment or an expansion in Gozo.
A project that an enterprise will implement in a start-up phase.
A reduction in carbon usage by the enterprise, as determined through an independent auditor.
The demand for greener travel will continue to increase in the future, and so will the expectations of ‘green’ travellers, who will demand more than the traditional water and energy-saving measures. These developments will put destinations and travel companies under increased scrutiny by discerning holidaymakers, and destinations and service providers who demonstrate a tangible commitment to the natural environment will become even more attractive.
To further encourage enterprises to invest, businesses in Malta can benefit from up to macedonia mobile database €70,000 to implement projects which lead to more sustainable and digital processes.
The ‘Smart & Sustainable Scheme’, managed by Malta Enterprise, incentivises more competitiveness and better use of resources, enhancing the economic activity of these businesses.
Through the Smart & Sustainable Scheme, businesses are entitled to receive 50% of the total eligible costs, up to a maximum €50,000 for each relevant project.
Businesses fulfilling the criteria for this scheme may also benefit from a tax credit of up to €20,000 for each product which satisfies at least two of the three conditions, as detailed below:
New investment or an expansion in Gozo.
A project that an enterprise will implement in a start-up phase.
A reduction in carbon usage by the enterprise, as determined through an independent auditor.