New Scheme Launched

The Maltese Government has launched a new scheme through the Malta Investment Management Company and Malta Enterprise – Venture Capital Malta (VC-MT).

The scheme aims to encourage investors to consider Malta as the ideal European jurisdiction in which to set up their corporate structure. Dr Chris Cardona, the Minister for the Economy, Investment and Small Business said that β€œThe main objective of VC-MT is to develop Malta as an oasis for new business opportunities, welcoming new ventures with the support of finance in the guise of private equity or venture capital.”

Dr Cardona added that the main aim of the new scheme was to help fill the gap by providing access to funding and resources to start-up companies. This scheme would support the current companies in accessing the already available bank financing and other schemes and incentives that are supported and provided by the government.

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