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Business Development-Application Form

The Business Development 2021 application form supports value-adding projects for regional development in Malta, including establishment, expansion, and re-engineering of businesses. Applicants must provide detailed project descriptions, financial information, and indicate the type of assistance requested. The form also includes sections on data protection, de minimis state aid, and a checklist of required documents for submission.
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Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
2 views

Business Development-Application Form

The Business Development 2021 application form supports value-adding projects for regional development in Malta, including establishment, expansion, and re-engineering of businesses. Applicants must provide detailed project descriptions, financial information, and indicate the type of assistance requested. The form also includes sections on data protection, de minimis state aid, and a checklist of required documents for submission.
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Business Development 2021

APPLICATION FORM

This support is aimed at value adding projects contributing to the regional


development of Malta. The scheme may support various activities such as
the initial development phase of undertakings establishing an operational
base in Malta, expansion projects, consolidation of activities and the re-
engineering of business processes.

Version 1.2
13th July 2022
Applicant Details
Fields marked in red are required

Business Name

Registered Address Sector Other Service Activities (please specify)

Primary Contact Person*


Town Name
Post Code Designation
Country Telephone number
e-mail
Telephone number

Web site
e-mail

Business Type Select Not Registered


Date Established [if the business is not yet
registered, you are still required
Business Identification Number to indicate which structure will be
registered in the Business Type field]
Jobsplus Employer Number
VAT Number
Income Tax Number

Brief introduction of the company and business activity


(If the enterprise is not yet set up outline your proposed business activity)
••
•• Project Details
Where you wish to provide more information than the space allows, kindly attach the additional information as
an annex, including the corresponding question

Provide a detailed description of the proposed project and explain how it supports the development of the
business.

What is the forecast project implementation period?

Project Start Date Project End Date

What type of development project is the undertaking applying for? Select

If other please explain

Which of the following activities is the development project addressing? More than one option may be
selected:

Manufacturing
Management of waste and environmental solutions
Research and development activities
Provision of industrial services and solutions to manufacturing operations
Digitisation of processes
Development of digital service and systems
Maintenance, repair and overhaul of aircraft and other electromechanically equipment
Artisanal works
Other, please specify
••
••
If you selected 'Other' above, explain how the development project shall lead to increase in business
performance and innovation

If applicable, provide details on how the porposed project shall lead to common solutions within a sector or
value chain.
••
••
How would you rate your position in the relevant markets and how do you envisage that this project will
help further enhance your market position?

Please provide information on any relevant technologies required, or technological developments needed, to
implement the project. Does the project implement aspects of Industry 4.0 and how will this support
interactions with other stakeholders?

Please elaborate on any issues related to knowledge, knowhow and intellectual property that need to be
considered, and how will these be addressed?

Please provide detail on any re-training activities that need to be carried out to ensure employees gain the
knowledge and knowhow to implement the project?
Please explain if the project will create new jobs, how these will be created and identify the roles in which
the jobs will be created.

Will the investment generate a positive impact on the productivity of other stakeholders Select
through networking and clustering opportunities?

How will the investment support the applicant's business development and sustainability?
••
•• Request for Support
The sections below are the areas for which assistance can be provided under this measure. Applicants are to
select which assistance they are requesting and provide explanations as requested.

Total Cost Value requested

Lease and rental of real estate


(The Total Cost should reflect the annual lease/rent cost)

Are the premises already leased or rented? Select

Size of premises (or required) sqm

What duration is the assistance requested expected to cover? months

Support & Advisory Services €0 €0

Category A

Legal, notarial, accounting and technical services required to establish a new business or
expanding an existing activity

Category B
Advisory in establishing business reengineering and transformation strategies

Category C

Advisory leading to the attainment of implementation of a new business initiative, process,


service or product certifications

The below information is to be filled in per advisory service requested, in the replicated sections below

Name of Service Provider

Service requested Select

Cost of Service Aid requested

Provide more detail on the service to be provided by the advisory team.


••
••
Name of Service Provider

Service requested Select

Cost of Service Aid requested

Provide more detail on the service to be provided by the advisory team.

Name of Service Provider

Service requested Select

Cost of Service Aid requested

Provide more detail on the service to be provided by the advisory team.

How will the services selected above contribute to the successful implementation of the project?
Rights, Licences & Certifications €0

Type Name / Short Description Cost Usage Cost Basis

Select

Select

Select

Select

Explain why these are required for the successful implemetation of the project.

Relocation Costs of Key Personnel

one way air travel; shipment of personal items; up to 3


months accomodation

Role Country relocating from


Payroll Costs €0

Provide details of payroll costs in the table below. Where space is not enough, a separate document following
the same format is to be attached to this application.

The basic salary stated below shall exclude any overtime, allowances, share options, bonuses, insurances and
the employer’s national insurances contribution.

Salaries requested to cover months

Role Quantity of which number Cumulative


of new jobs basic salary

0 0 €0
••
••
Relocation of Tangible Assets

Below list the tangible assets to be relocated to Malta and explain why relocation is required

Asset Originating Country Explain

Procurement of Tangible Assets

Below list the tangible assets to be procured and explain their requirement in the project

Asset Explain

Are there plans to Increase the Share Capital of the company through an injection of funds? Select

Amount of paid up share capital at application stage

Amount of paid up share capital to be increased

Total Project Costs €0

Total Amount of Aid Requested €0

Amount requested as a Cash Grant €0

Amount requested as Tax Credit €0


Personal Data Protection Information and Consent to Process
Data
Contact email address of the Data Protection Officer: [email protected]
Referring to Articles 13 and 14 of the GDPR, the Right to be Informed, you will find how Malta Enterprise
processes the data in this application. Fill in any required data. [Malta Enterprise Data Protection Policy]
Authorisation to engage with the Corporation on matters related to the Application. (If Applicable)
I the undersigned, as legal representative of the Applicant Undertaking, authorise the following
Legal Bodies and/or Natural Persons to act on my behalf with Malta Enterprise Corporation with
respect to matters related to the Application and any subsequent documentation exchanged
between the two parties in relation to the same Application.
Name and Surname of Natural Person E-mail address of party granted authorisation
Name of Legal Entity
granted authorisation (see Note 1) (see Note 2)

Note 1: Leave empty if authorisation is intended to any natural person engaged with the Legal Entity.
Otherwise specify the name and surname of the person(s) working for the Legal Entity to whom the
authorisation is intended.
Note 2: Written communication with the Legal Entity and/or Natural Person granted authorisation via email
will only be accepted via the email address specified in the table above. The Undersigned should be copied (via
the email address specified in the Application) in any communication between the Corporation and the Person
granted authorisation as per above table.

Employer Consent Form


The signature of this application confirms that any employment and personal data included in this
application form is covered by the appropriate data subject consent as required by the prevalent
Data Protection laws and regulations. The consent includes the sharing of data with other government
entities where strictly necessary and required by law but also defines the purpose(s) for the processing of
data of the captioned data subject/s in line with Article 5, Principles relating to processing of
personal data and Article 7 Conditions of Consent of regulation (EU) 2016/679 dated 27 April 2016
on the protection of natural persons with regard to the processing of personal data and on the free
movement of such data (General Data Protection Regulation). Should the data subject withdraw his/
her consent to processing, the Corporation shall be informed immediately. Consequently, the
Corporation may proceed with processing this data, verifying it with other agencies, and retain such
data for the duration required by the applicable national and EU laws and regulations.
De Minimis Declaration

If the submitted application is approved, the project will benefit from de minimis State Aid in line with Commission
Regulation (EU) No 1407/2013 of 18 December 2013 on the application of Articles 107 and 108 of the Treaty on the
Functioning of the European Union to de minimis aid.

Commission Regulation (EU) No 1407/2013 allows a ‘single undertaking’ to receive an aggregate maximum amount
of de minimis aid of €200,000 under all de minimis aid measures, over a period of three ‘fiscal years’. This
aggregate maximum threshold applies in principle to all economic sectors with the exception of a ‘single
undertaking’ performing road freight transport for hire and reward for which a lower de minimis threshold of
€100,000 over any period of three ‘fiscal years’ applies. The agriculture and fisheries sectors are subject to
different thresholds and criteria. For the purpose of this declaration, the term ‘single undertaking’ shall have the
meaning as established in Commission Regulation (EU) No 1407/2013. Moreover, ‘fiscal year’ means the fiscal year
as used for tax purposes by the undertaking concerned.

This maximum threshold would include all State aid granted under this scheme and any other State aid measure
granted under the de minimis rule. Any de minimis aid received in excess of the established threshold will have to be
recovered, with interest, from the undertaking receiving the aid.

The following is an indicative list of the possible forms of State Aid:

• Grants from public bodies.


• Loans or loan guarantees at favourable rates.
• Tax benefits.
• Waiving or deferral of fees or interest normally due.
• Marketing and advertising assistance.
• Consultancy, training and other support provided either free or at a reduced rate.
• Aid for investment in environmental projects or research and development assistance.
• Purchase, rent or lease of immovable property at less than market rate.

Potentially any assistance from a public body may constitute State aid. Should you have any doubts whether any
public assistance received is de minimis aid, you should contact the agency or department from which
the assistance was received in order to ascertain this.

Current Financial
Year 2022

Fiscal Year
2020 2021 2022
De Minimis Aid
€0 €0 €0
Awarded

I declare that a comprehensive amount of de minimis aid received to date


€0
during the current fiscal year and the previous two fiscal years is:
Breakdown of the source, type and amount of all de minimis aid received as well as that applied for during
fiscal years:
2020 2021 2022

Section 1 – DE MINIMIS STATE AID AWARDED

Date Source/Grantor Type of State Aid Awarded to Amount in €

Total any other de minimis aid awarded and provide details in a seperate annex.

€0

SECTION 2 – DE MINIMIS STATE AID STILL PENDING FOR APPROVAL

Date Source/Grantor Type of State Aid Awarded to Amount in €

Other (Please type in.)

Total any other de minimis aid applied for and provide details of each applicaiton in a seperate annex.

€0

Total amount of de minimis aid received and applied for: €0


The undersigned hereby authorises Malta Enterprise Corporation to process the data contained in this form
for the purpose stated above and declare that the information on this form and any other information
given in support of this application is correct to the best of my knowledge. The applicant
acknowledges that the Corporation may request further information and documentation in processing this
application.

Name and Surname of Signatory

Designation

Date

Signature
••
•• Document Checklist

Business Plan

A Business Plan is to be submitted where the applicant undertaking is not currently operational in Malta or
has been operational for less than three (3) years, and is requesting a cash grant of €50,000 or higher and
has not as yet submitted a business plan to Malta Enterprise.

Financial
Summary
(using the template available for download as part of the application documents)

Investment Cost Breakdown


(using the template available for download as part of the application documents)

Tax Compliance Status Certificate


(issued by the Commissioner for Revenue not earlier than 6 months from the date of this application)

Lease/rent agreements

Where not yet available please provide preliminary documentation indicating the property required and
the estimated lease / rental costs. (required only when requesting assistance on lease/rental costs)

CVs of experts providing advisory services in relation to the project


(required only when requesting assistance on Support and Advisory services)

Copy (or draft) of agreement with the supplier for Advisory Services which should include a clear
description of the services to be rendered and the total cost for the service)
(required only when requesting assistance on Advisory services)

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