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Digitalise your Business Scheme 

Deloitte Malta Gi3 Alert

09 February 2024

The Digitalise your Business Scheme (hereinafter, the ‘Scheme’) has been issued on 1 January 2024, with the scope of assisting small, medium-sized and large undertakings through non-repayable grants to part-finance investments to digitalise their operations.

The Scheme will remain operational until 30 June 2026, subject to availability of funds and shall be administered through a series of competitive calls, with clear deadlines for submission. Applications will be assessed and evaluated and eligible applications scoring at least 50% of the selection criteria shall be ranked, with grants awarded starting from the highest ranking application.

Actions financed under the Scheme cannot commence before the start date identified in the grant agreement and are to be implemented within 24 months. By the end date, beneficiaries are to ensure that the investment is procured, delivered and fully operational, that all expenditure has been incurred, invoiced and fully paid, and that all relevant licences are in place.

The maximum funding amount is €120,000 per investment, part-financing eligible expenditure up to 50% for investments in Malta and 60% for investments in Gozo. There is also an additional 7% flat rate to finance any indirect costs related to the investment, bringing total funding to a maximum of €128,400. Funding is subject to the overall capping of €300,000 in de minimis aid per single undertaking over a rolling period of three consecutive fiscal years.

As part of the Scheme, investments in hardware, software and other digital solutions are eligible for support when combined with new functions or improvements with regard to the existing initial situation of digitalisation in the enterprise. Eligible expenditure consists of the following:

i. E-commerce website, which is reimbursed through a lump sum amount of €4,800 for investments in Malta and €5,760 for investments in Gozo; and

ii. Digital solutions, which include:

a. Commercial off-the-shelf and custom software;

b. Hardware

c. Analytical tools;

d. Cyber security systems;

e. Cloud computing;

f. Routers, switches and WIFI related equipment; and

g. Installation and training costs on the use of the items above; and

iii. Indirect costs related to the investment, funded by means of a 7% flat rate of eligible expenditure.

In the case of digital solutions, the grant shall be computed on the basis of either an Investment Proposal Document or three comparable quotations which meet set minimum technical specifications.

How can we help?

Deloitte Malta is ready to assist in answering your queries, so please do not hesitate to reach out to us for any further guidance you may require.

In addition, Deloitte Malta is able to assist with the preparation of the required applications and any supporting documentation, as well as document submission and any required follow-ups.

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