27 April, 2021

The Malta Chamber welcomes Regeneration Economic Support Measures launched by Government


The Malta Chamber of Commerce, Enterprise and Industry welcomes the launch of the regeneration incentives that have been announced by Government in addition to top-ups to existing direct support schemes. The regeneration incentives go beyond addressing the immediate liquidity needs, and are aimed at supporting and re-energising businesses and the Maltese economy in the process of recovery.

The Malta Chamber applauds the enhanced Business Re-Engineering and Transformation Scheme – ‘Change to Grow’, which it has championed since its inception back in June 2020. This scheme is now open to a wider cohort of economic operators including micro-enterprises and self-employed entrepreneurs, and the maximum grant has been doubled to €10,000 for implemented projects to further encourage uptake.

The Restart Incentive Scheme, another initiative proposed by The Malta Chamber, is also highly commendable. “In addition to business advisory support, it includes professional psychological support that shows commitment to safeguarding the mental wellbeing of entrepreneurs who are having a particularly tough time as a result of the unprecedented challenges brought about by the pandemic,” said Chamber President Ms Marisa Xuereb.

The extension of the Tax Credit Certificates issued through the Micro-Invest Scheme until 2026 is also a step in the right direction, as it enables businesses to utilise pre-pandemic tax credits that cannot be availed of before businesses become profitable again.

The ‘Smart and Sustainable Investment Scheme’ is well-aligned to The Chamber’s economic vision for 2020-2025, ‘Smart, Sustainable Island’. The Malta Chamber remains committed to supporting the business community and relevant authorities in ensuring a robust recovery through investment in human capital, digital transformation, and the adoption of sustainable technologies.

All News

View All

04 April, 2024

The Malta Chamber extends gratitude to President George Vella and welc...

...

Learn More
25 March, 2024

Maximising Energy Efficiency through Building Renovation...

...

Learn More
21 March, 2024

The Malta Chamber holds its 2024 Annual General Meeting...

...

Learn More
20 March, 2024

The Malta Chamber Forges Bronze Collaboration Agreement with Sullivan ...

...

Learn More

All News

View All

Chamber News

04 April, 2024

The Malta Chamber extends gratitude to President George Vella and welc...

...

Learn More

Chamber News

27 March, 2024

Celebrate International Business Excellence with the Malta Internation...

...

Learn More

Chamber News

25 March, 2024

Maximising Energy Efficiency through Building Renovation...

...

Learn More

Chamber News

21 March, 2024

The Malta Chamber holds its 2024 Annual General Meeting...

...

Learn More

upcoming events

View All

Upcoming Events

16 April, 2024

Navigating Challenges & Seizing Opportunities

...

Learn More

Upcoming Events

21 April, 2024

YCN Heritage Walk

...

Learn More

Upcoming Events

24 April, 2024

Strengthening Europe - MEPs in Dialogue

...

Learn More

Upcoming Events

30 April, 2024

EMPOWERPRENEUR Workshop 1 - Personal Development & Mindset Excellence

...

Learn More

upcoming events

View All

16 Apr
upcoming event 16 April, 2024, 08:30 AM

Navigating Challenges & Seizing Opportunities

Learn More
21 Apr
upcoming event 21 April, 2024, 08:00 AM

YCN Heritage Walk

Learn More
24 Apr
upcoming event 24 April, 2024, 08:30 AM

Strengthening Europe - MEPs in Dialogue

Learn More
30 Apr
upcoming event 30 April, 2024, 06:00 PM

EMPOWERPRENEUR Workshop 1 - Personal Development & Mindset Excellence

Learn More
14 May
upcoming event 14 May, 2024, 08:30 AM

Navigating the Future - Trust in the Digital Age

Learn More