Investing in Crafts Regulations, 2018

L.N. 381 of 2018

MALTA ENTERPRISE ACT

(CAP. 463)

Investing in Crafts Regulations, 2018

IN EXERCISE of the powers conferred by article 5 of the Malta

Enterprise Act, the Minister for the Economy, Investment and Small

Businesses, in consultation with the Malta Enterprise Corporation, has

made the following regulations:-

Regulations

General Provisions

1 - 2

Skills Transfer

3 - 4

Assistance for Artisan Start-ups

Eligible Entities and Deadlines Submission

6 - 8

Part I

General Provisions

(1) The title of these regulations is Investing in Crafts

Regulations, 2018.

(2) These regulations shall be deemed to have come into force

as from 1 st September 2018.

In these regulations, unless the context otherwise requires

"the Act" means the Malta Enterprise Act;

"Artisan" means a duly registered undertaking including

self-employed persons carrying out an economic activity based

on the production of a craft or self-employed person that has

previously carried out an economic activity based on the

production of a craft;

"the Corporation" means Malta Enterprise established

under the Act;

"craft" means a skill with hands in creating unique items

which may have a functional or decorative use;

"the Guidelines" means such guidelines as may be

published by the Corporation from time to time in terms of the

Act;

"single undertaking" shall have the meaning attributed to it

by the Guidelines;

"Start-up" means an unlisted Small Undertaking that has

been established for less than three (3) years and which has not

yet distributed profits and has not been established through a

merger.

Part II

Skills Transfer

The Corporation may provide support to an artisan in terms Assistance for

established in the Guidelines for facilitating the process of transferring support

process of skills

their skills to other persons by providing

transfer given to

an eligible

artisian.

(a) up to ten thousand euro (€10,000) to be disbursed at

a rate of up to twenty euro (€20) per hour covering the time

dedicated to skills transfer;

(b) up to two thousand euro (€2000) to support the

purchase of materials required for the implementation of the skill

transfer.

Within terms as may be established in the Guidelines if the Bonus.

Corporation deems that a skill transfer was successful the Corporation

may grant an artisan a bonus of up to one thousand euro (€1000).

Part III

Assistance for Artisan Start-ups

The Corporation may provide financial support of up to ten Financial

thousand euro (€10,000) spread over a period not exceeding twelve Support.

(12) months to an Artisan Start-up controlled by a natural person who

acquired a skill through the support provided under these regulations

in terms as established in the Guidelines.

Part IV

Eligible Entities and Deadline for Submissions

Assistance under these regulations shall be offered to duly Assistance.

registered undertakings which satisfy the conditions established in the

Guidelines.

Assistance provided under these regulations shall be in Conformity.

conformity with the de minimis Regulation as defined in Commission

Regulation (EU) No 1407/2013 of 18 December 2013 on the

application of Articles 107 and 108 of the Treaty on the Functioning of

the European Union to de minimis aid.

No assistance under these regulations shall be awarded by

Deadline.

the Corporation after the 1 st June 2020.

€0.27