- Posted by: Press Office
- Category: Fund consulting
The International Trade Promotion Incentive Scheme (ITPIS) aims to support Maltese companies that want to internationalize their business, or that are already exporting and want to promote a product or service in a new market. An eligible undertaking may be awarded support to facilitate participation in a Brokerage or Networking Event organised with the scope of developing and enhancing productive economic activities. Support will only be provided if an employee or director of the applicant undertaking is present at the event.
International B2B networking and brokerage events pre-approved as eligible by TradeMalta.
This incentive is open to undertakings whose purpose is to intensify their internationalisation activities with the aim of increasing their export activity. The different actions that can be supported are defined in the separate in Section 6 of these guidelines.
The beneficiary must be an undertaking registered as one of the following:
a. An undertaking incorporated under the Companies Act Chapter 386 of the Laws of Malta being
a partnership en nom collectif, en commandite or a limited liability company
b. Self-employed persons registered with Jobsplus
c. Co-operatives with the Co-operatives Board
d. The following table lists the indicative eligible economic sectors and activities and their respective NACE code:
Reimbursement shall be awarded on the following costs:
i. Registration costs which shall be limited to one (1) person if the registration is charged per individual participant
ii. Travel costs and Per Diem covering one (1) representative (employee or director) of an undertaking participating in the event. The maximum number of days covered by the Per Diem shall be limited to the number of days in which the undertaking actively participates in formal networking or brokerage event
To find out more details and submit your application request a specific consultation from the Malta Business Agency team by filling in the following form.