€1,000 grant for businesses among schemes to assist enterprises affected by pandemic

Businesses may apply from tomorrow for a one-time grant of €1,000 as assistance for the lack of business after they were requested to close last March due to the pandemic.

Enterprises and Sustainable Development Minister, Miriam Dalli, also announced during a press conference another scheme relating to rents in which businesses will be granted up to 50% of the rent, according to the size of their business.

Another scheme relates to an incentive on electricity bills between June and August, with a refund of up to 50% of the bill.

Malta Enterprise chief executive, Kurt Farrugia, said that these scheme are intended to assist companies to recover as soon as possible from the pandemic’s effects.

Minister Miriam Dalli stated that these schemes amount to an investment of €12 million as part of the Government’s economic regeneration plan.