SME Development - Innovative Start-ups

Support Measures

New enterprises need a mix of resources and support in order to flourish. Most start-ups seek external guidance, assistance and finance. This scheme supports new enterprises engaged in existing markets but introducing new perspectives and having the potential to compete in international markets and enterprises engaged in new markets, new technologies, novel products or services and in knowledge based industries that demonstrate a potential for job creation and growth

Enterprise benefiting from this incentive may receive support on:

Þ Industrial and Development Services

Þ Investment costs related to tangible and intangible assets

Note: A start-up enterprise is an enterprise in its initial five years.