How can you secure your funding?
We are proud to announce that we are an eligible company that will support you on your journey to get funding for your website. Eligibility for funding is only one piece of the puzzle. Another important step is properly sourcing companies that make websites and ensuring they will help you be successful in your application. When looking for companies to develop your website, it is vital to contract trusted companies that make websites which are tailor made for your specific business needs, which also ensure that you get the most out of this important medium. However, finding and deciding between the large plethora of companies that make websites is quite a challenge.
At NIU, we believe in accommodating our clients to the best of our ability. It is safe to say that we offer more expertise and support to our clients than the average companies that make websites. We also provide flexible payment terms where necessary. You can find out more detailed information in our insight article about EU funding for e-businesses.
Digital Intensification Grant Scheme
This incentive seeks to assist SMEs through non-repayable grants to part-finance investment to digitalise their operations, and hence improve their resilience, efficiency, productivity and customer experience. Proposals supporting the manufacturing and tourism sectors will be given precedence in selection.
Eligibility will also apply to investment that enhances operations by addressing not only operational logistics but use of analytical tools and AI to design, adapt and personalise hospitality offerings that maximise client experiences. Investment in digitalisation and other technologies that will also contribute towards better resource efficiencies.
The scheme is open to micro, small, medium and large enterprises engaged in economic activity, irrespective of their legal form, subject to exclusions.
In particular, support covers the purchase of hardware, software and other digital solutions to improve their efficiency, productivity and customer experience. This may include investments and solutions related to process improvement platforms, product lifecycle management, Life cycle analysis, Cloud Based Platforms, Autonomous solutions, Big data and data management & Decision support systems.
The maximum grant value under this scheme is set at €200,000 per digitalisation investment, whereby varying aid intensities apply depending on the size of the undertaking.
SME Digitalisation Grant Scheme
This scheme is open to micro, small and medium-sized enterprises engaged in economic activity, irrespective of their legal form, subject to exclusions. Eligible actions include investment in digital technologies such as investment in product and process design and engineering, end-to-end procurement, supply chain/distribution and after sales.
This grant scheme will support investment in tangible and intangible assets, including:
e-Commerce websites, commercial off-the-shelf (COTS), custom software, hardware, analytical tools (including necessary hardware and software), cyber security systems, cloud computing, routers, switches and WIFI related equipment, other hardware and software.
The maximum funding amount is €50,000 per digitalisation investment in digital technologies, part-financing eligible costs up to 50% for investments in Malta and 60% for investments in Gozo.
This scheme encourages businesses such as start-ups, family businesses and self-employed to invest in their business, in order to promote innovation, expansion and the development of their operations.
This measure has existed since the 1st of January 2014 and has supported local businesses through a tax credit calculated as a percentage of eligible expenditure and wages costs. Malta Enterprise will approve a tax credit equivalent to 45% of eligible expenditure. An additional bonus of 20% (that is a total of 65% tax credit) applies to undertakings operating from Gozo.
The objective of this scheme is to encourage undertakings to invest in their business, innovate, expand, and implement compliance directives or to develop their operations. Such undertakings which may include self-employed persons and will be supported through a tax credit representing a percentage of the eligible expenditure and wages of newly recruited employees.
One of the investments a business can make is a new website or a website re-design. We can help you with the application process apart from developing your brand new website.
Business Re-engineering & Transformation Scheme
The Business Re-Engineering and Transformation Scheme was developed to support small and medium sized businesses so that they will have the capacity to realign their business activity, restructure their employees and enhance their product and/or service practices.
The Business Re-Engineering and Transformation Scheme will be awarded in the form of a cash grant that will cover 50% of the costs incurred up to a maximum grant of €5,000 per advisory service per undertaking. Your business can only be supported through this scheme once in an 18-month period and this incentive shall be available until 31st December 2023. You can find more information on eligibility and applying here.
Smart Sustainable Investment Grant
The scheme consists of a cash grant of a maximum of €50,000 covering up to 50% of eligible expenditure for environmental sustainability and technological innovation projects.
In addition, eligible projects must cost at least €10,000 and aim to achieve sustainability, improve environmental performance or increase growth potential through digitalisation.
The available investments must relate to:
The adoption of technologies through electronic devices and/or systems that enable product functionality to be enhanced, online services to be developed, processes to be modernised or business models to be moved that are based on the disintermediation of the production of goods and the delivery of services and ultimately have a transformative impact;
Projects could include:
- Increasing process efficiency through IoT (smart HVAC, system monitoring, etc.)
- Solutions to improve (optimise) logistics, including partnerships with other businesses, leading to a reduction in carbon emissions
- Installing building management systems to optimise heat, light and electricity consumption.
- Industry 4.0 solutions that lead to higher automation and fast, customer-focused adjustments.
Gozo Accommodation Marketing Initiative (2022)
The goal of this program is to assist Gozo's lodging providers in advertising the island as a vacation destination via digital marketing. The Ministry for Gozo is still determined to encourage the lodging industry to invest in ongoing, professional digital marketing to lure high-quality ecotourism whilst promoting the VisitGozo brand.
The Ministry for Gozo will cover up to 65% of the eligible expenditure for undertaking a digital
the marketing campaign, when spending up to a maximum of €8,000.
How can NIU help you secure your funding?
We have also done a number of CSR campaigns in the past, where we created the following websites for some important causes that are close to our heart.
Realistically, there are an endless number of reasons why investing in your business is important. Having to worry about the expenses associated with developing your business can be draining. These grants and schemes will provide you with a great chance to focus on the important things which take your business to the next level.
Whether you need to build a brand new website, have an old one that needs to be revamped or have an idea that’s still in its early stages, we’ve got you covered. Our team can offer you our exclusive web design and development services.