{"id":2347,"date":"2021-09-14T16:56:19","date_gmt":"2021-09-14T16:56:19","guid":{"rendered":"https:\/\/www.cmgconsulta.com\/?p=2347"},"modified":"2022-02-25T08:01:01","modified_gmt":"2022-02-25T08:01:01","slug":"restart-2021-scheme-malta-enterprise","status":"publish","type":"post","link":"https:\/\/www.cmgconsulta.com\/restart-2021-scheme-malta-enterprise\/","title":{"rendered":"ReStart 2021 Scheme (Malta Enterprise)"},"content":{"rendered":"<div data-draftjs-conductor-fragment=\"{&quot;blocks&quot;:[{&quot;key&quot;:&quot;2vnot&quot;,&quot;text&quot;:&quot;The Restart Scheme by Malta Enterprise aims \u201c...to support those businesses which due to the effect of the pandemic had to terminate operations, by helping them access advisory services and providing a kick-start grant to help them restart operations.\u201d The scheme works by enabling businesses who had to shut down or had significant downturn in business due to Covid to access external advisory services in order to help them re-start their business or enture into a new business. In addition, beneficiaries of this scheme will be assisted with an additional grant to help in the actual implementation of the advice.&quot;,&quot;type&quot;:&quot;unstyled&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[{&quot;offset&quot;:4,&quot;length&quot;:14,&quot;style&quot;:&quot;UNDERLINE&quot;},{&quot;offset&quot;:45,&quot;length&quot;:206,&quot;style&quot;:&quot;UNDERLINE&quot;},{&quot;offset&quot;:45,&quot;length&quot;:206,&quot;style&quot;:&quot;ITALIC&quot;}],&quot;entityRanges&quot;:[{&quot;offset&quot;:4,&quot;length&quot;:14,&quot;key&quot;:0},{&quot;offset&quot;:45,&quot;length&quot;:206,&quot;key&quot;:1}],&quot;data&quot;:{}},{&quot;key&quot;:&quot;evscp&quot;,&quot;text&quot;:&quot;&quot;,&quot;type&quot;:&quot;unstyled&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;2vr7n&quot;,&quot;text&quot;:&quot; &quot;,&quot;type&quot;:&quot;atomic&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[{&quot;offset&quot;:0,&quot;length&quot;:1,&quot;key&quot;:2}],&quot;data&quot;:{}},{&quot;key&quot;:&quot;35fod&quot;,&quot;text&quot;:&quot;Eligibility Criteria&quot;,&quot;type&quot;:&quot;header-two&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;3bdv2&quot;,&quot;text&quot;:&quot;Self-employed, micro enterprises and SMEs;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;4asoa&quot;,&quot;text&quot;:&quot;The business had to terminate business operations due to the economic disruptions caused by the COVID-19 pandemic between 1st June 2020 and 30th September 2021;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;72vn8&quot;,&quot;text&quot;:&quot;This scheme falls under the de minimis regulations;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;51b0s&quot;,&quot;text&quot;:&quot;Firms who are defaulting on VAT, Tax or Social Security payments are not eligible;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;67arm&quot;,&quot;text&quot;:&quot;Public entities are excluded from the scheme;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;1vfeu&quot;,&quot;text&quot;:&quot;The business cannot be an \u201cUndertaking in Difficulty\u201c.&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;4mmb6&quot;,&quot;text&quot;:&quot; &quot;,&quot;type&quot;:&quot;unstyled&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;6u6pm&quot;,&quot;text&quot;:&quot;Aid Awarded&quot;,&quot;type&quot;:&quot;header-two&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{&quot;dynamicStyles&quot;:{&quot;line-height&quot;:&quot;1.1&quot;}}},{&quot;key&quot;:&quot;6r2po&quot;,&quot;text&quot;:&quot;The Restart initiative will support an Advisory Stage and a subsequent Implementation Phase to any recommendations pursuant from the advisory;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;fitur&quot;,&quot;text&quot;:&quot;Eligible undertakings may benefit from a maximum grant of \u20ac10,000 (disbursed in full) of eligible costs incurred;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[{&quot;offset&quot;:58,&quot;length&quot;:7,&quot;style&quot;:&quot;BOLD&quot;},{&quot;offset&quot;:86,&quot;length&quot;:17,&quot;style&quot;:&quot;BOLD&quot;}],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;4mh1l&quot;,&quot;text&quot;:&quot;An undertaking can claim up to \u20ac200,000 over a 3 year rolling period (De Minimis reguations).&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;56q19&quot;,&quot;text&quot;:&quot; &quot;,&quot;type&quot;:&quot;unstyled&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;3m8eg&quot;,&quot;text&quot;:&quot;Advisory Stage Assistance&quot;,&quot;type&quot;:&quot;header-two&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{&quot;dynamicStyles&quot;:{&quot;line-height&quot;:&quot;1.1&quot;}}},{&quot;key&quot;:&quot;bug93&quot;,&quot;text&quot;:&quot;During the Advisory Stage, support is limited to a maximum of five thousand Euro (\u20ac5,000) and up to one hundred and twenty euro per hour (\u20ac120\/hr) excluding VAT;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[{&quot;offset&quot;:61,&quot;length&quot;:28,&quot;style&quot;:&quot;BOLD&quot;}],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;8grqq&quot;,&quot;text&quot;:&quot;The advisory service must be provided by an individual or a team led by an individual who can demonstrate previous experience in advising and supporting businesses start or restructure operations. The advisor must meet specific criteria set by Malta Enterprise and a list was drawn up by The Malta Chamber of Commerce, Enterprise and Industry for convenience. CMG Consulta Consultants are on the Approved List of Advisors; &quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[{&quot;offset&quot;:362,&quot;length&quot;:63,&quot;style&quot;:&quot;BOLD&quot;},{&quot;offset&quot;:398,&quot;length&quot;:25,&quot;style&quot;:&quot;UNDERLINE&quot;}],&quot;entityRanges&quot;:[{&quot;offset&quot;:398,&quot;length&quot;:25,&quot;key&quot;:3}],&quot;data&quot;:{}},{&quot;key&quot;:&quot;asfjd&quot;,&quot;text&quot;:&quot;Beneficiaries are to complete the Advisory Stage within three (3) months of the Corporation\u2019s approval;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[{&quot;offset&quot;:56,&quot;length&quot;:16,&quot;style&quot;:&quot;BOLD&quot;}],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;bbei7&quot;,&quot;text&quot;:&quot;The advisory service provider must agree to an hourly charge-out rate (max \u20ac120\/hour). The advisory service provider will be required to maintain time sheets depicting the work done in favour of the Beneficiary and to compile a report highlighting the main recommendations and eligible costs that the Corporation may consider supporting during the Implementation phase.&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;dqgjt&quot;,&quot;text&quot;:&quot; &quot;,&quot;type&quot;:&quot;unstyled&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;5rr20&quot;,&quot;text&quot;:&quot;Implementation Stage Assistance&quot;,&quot;type&quot;:&quot;header-two&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{&quot;dynamicStyles&quot;:{&quot;line-height&quot;:&quot;1.1&quot;}}},{&quot;key&quot;:&quot;dfk28&quot;,&quot;text&quot;:&quot;The outcome of the advisory and the recommendations for implementing the required changes communicated to the Corporation in the Advisory Report can trigger the request for additional support to kick-start the change process;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;dd3k4&quot;,&quot;text&quot;:&quot;If undertaken, the Implementation Stage, must follow the advisory stage and be applied for when claiming for the advisory cost reimbursement;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;8gmi3&quot;,&quot;text&quot;:&quot;This Stage shall give access to a further five thousand Euro (\u20ac5,000) of support;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;1m9cu&quot;,&quot;text&quot;:&quot;During this phase, the Beneficiary can receive part financing of eligible costs incurred for the implementation of the recommendations highlighted by the advisory service;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;8qucm&quot;,&quot;text&quot;:&quot;If the investment costs are approved and deemed eligible by the Corporation, a Letter of Approval will be issued to the Beneficiary approving support for the carrying out of the Implementation Phase;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;41uhb&quot;,&quot;text&quot;:&quot;In addition, out of five thousand Euro (\u20ac5,000) of support available for the Implementation Phase, up to five hundred Euro (\u20ac500) of this funding can be utilised to part-finance additional advisory support required during the Implementation Phase.&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[{&quot;offset&quot;:178,&quot;length&quot;:27,&quot;style&quot;:&quot;BOLD&quot;}],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;c1vd4&quot;,&quot;text&quot;:&quot;Only costs incurred after the Corporation evaluates the Advisory Report and issues a further Letter of Approval specifying the terms and conditions of any additional funding, shall be eligible.&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;2glcd&quot;,&quot;text&quot;:&quot; &quot;,&quot;type&quot;:&quot;unstyled&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;fpc0k&quot;,&quot;text&quot;:&quot; Ineligible Costs&quot;,&quot;type&quot;:&quot;header-two&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;51e5n&quot;,&quot;text&quot;:&quot;\\nSupport may not be provided in respect to:\\n&quot;,&quot;type&quot;:&quot;unstyled&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;dvrf2&quot;,&quot;text&quot;:&quot;items or services procured from parties related to the beneficiary;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;2q0v1&quot;,&quot;text&quot;:&quot;items or services (excluding advisory approved under this scheme) procured from the advisory service provider or parties related to the provider;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;8q0ob&quot;,&quot;text&quot;:&quot;costs related to ongoing continuous or periodic activities;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;2i9a4&quot;,&quot;text&quot;:&quot;costs related to export activities;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;6bn5f&quot;,&quot;text&quot;:&quot;costs related to the undertaking\u2019s usual operating costs, such as routine tax consultancy\\nservices, regular legal services, or advertising.&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;93erp&quot;,&quot;text&quot;:&quot; &quot;,&quot;type&quot;:&quot;unstyled&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;d7r6e&quot;,&quot;text&quot;:&quot;Summary of Rules&quot;,&quot;type&quot;:&quot;header-two&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{&quot;dynamicStyles&quot;:{&quot;line-height&quot;:&quot;1.1&quot;}}},{&quot;key&quot;:&quot;cgaf3&quot;,&quot;text&quot;:&quot;&quot;,&quot;type&quot;:&quot;unstyled&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;cts19&quot;,&quot;text&quot;:&quot;The scheme was launched in 2021 and closes in 31st October 2022.&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;3luk8&quot;,&quot;text&quot;:&quot;&quot;,&quot;type&quot;:&quot;unstyled&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;fpgvk&quot;,&quot;text&quot;:&quot; &quot;,&quot;type&quot;:&quot;unstyled&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;4f5ut&quot;,&quot;text&quot;:&quot;High-Level Process&quot;,&quot;type&quot;:&quot;header-two&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{&quot;dynamicStyles&quot;:{&quot;line-height&quot;:&quot;1.1&quot;}}},{&quot;key&quot;:&quot;dqiq8&quot;,&quot;text&quot;:&quot;Call BusinessFirst to ensure that you are eligible for the ReStart Scheme;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;8149a&quot;,&quot;text&quot;:&quot;Download the application form, and fill it in in consultation with the Advisor;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;36jfa&quot;,&quot;text&quot;:&quot;The selected Advisory Service provider will have to provide you with a quotation on the Quotations Template provided by the Corporation. The quotation shall clearly define the advisory services agreed to, the hourly rate and the time allocated for the task.&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;dnlhi&quot;,&quot;text&quot;:&quot;The applicant is to apply online on the Malta Enterprise Client Portal;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[{&quot;offset&quot;:40,&quot;length&quot;:30,&quot;key&quot;:4}],&quot;data&quot;:{}},{&quot;key&quot;:&quot;a8u7q&quot;,&quot;text&quot;:&quot;The application consists of an application form where the applicant will need to detail a business justification for the project as well as information on how the project will be run and measured;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;62mno&quot;,&quot;text&quot;:&quot;Malta Enterprise is to review the application and issue a letter of approval specifying the terms and conditions of the award;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;4n6pd&quot;,&quot;text&quot;:&quot;Once the letter of approval is received the work can start to be carried out and needs to be completed within 3 months;&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;dppjj&quot;,&quot;text&quot;:&quot;In submitting a claim, the applicant needs to submit fiscal documentation, proof of payment, timesheets, and an Advisory Report on a template provided by the Corporation. The summary Advisory Report shall highlight the main findings of the advisory, the recommendations and a list of investments that are needed to facilitate the implementation of the recommendations.&quot;,&quot;type&quot;:&quot;unordered-list-item&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;46kfr&quot;,&quot;text&quot;:&quot; &quot;,&quot;type&quot;:&quot;unstyled&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;b3046&quot;,&quot;text&quot;:&quot;CMG Consulta are advisors who carry out business consultancy with SMEs and family businesses. We can assist you with reviewing your business model, internationalising, reviewing your product portfolio, improving operational performance, re-engineering business processes and transforming your business. Please get in touch to explore actual opportunities.&quot;,&quot;type&quot;:&quot;unstyled&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[{&quot;offset&quot;:303,&quot;length&quot;:52,&quot;key&quot;:5}],&quot;data&quot;:{}},{&quot;key&quot;:&quot;585en&quot;,&quot;text&quot;:&quot; &quot;,&quot;type&quot;:&quot;unstyled&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[],&quot;data&quot;:{}},{&quot;key&quot;:&quot;au2po&quot;,&quot;text&quot;:&quot;This document was prepared based on the Malta Enterprise Incentive Guidelines for the Change to Grow 2021 Scheme as accessed on the Malta Enterprise Website on the date of publishing.&quot;,&quot;type&quot;:&quot;unstyled&quot;,&quot;depth&quot;:0,&quot;inlineStyleRanges&quot;:[],&quot;entityRanges&quot;:[{&quot;offset&quot;:57,&quot;length&quot;:20,&quot;key&quot;:6}],&quot;data&quot;:{}}],&quot;entityMap&quot;:{&quot;0&quot;:{&quot;type&quot;:&quot;LINK&quot;,&quot;mutability&quot;:&quot;MUTABLE&quot;,&quot;data&quot;:{&quot;url&quot;:&quot;https:\/\/covid19.maltaenterprise.com\/restart-incentive-scheme-2021\/&quot;,&quot;target&quot;:&quot;_blank&quot;,&quot;rel&quot;:&quot;&quot;}},&quot;1&quot;:{&quot;type&quot;:&quot;LINK&quot;,&quot;mutability&quot;:&quot;MUTABLE&quot;,&quot;data&quot;:{&quot;url&quot;:&quot;http:\/\/www.maltaenterprise.com\/sites\/default\/files\/ReStart%20-%20Incentive%20Guidelines%20%28V%201.0%29.pdf&quot;,&quot;target&quot;:&quot;_blank&quot;,&quot;rel&quot;:&quot;&quot;}},&quot;2&quot;:{&quot;type&quot;:&quot;wix-draft-plugin-image&quot;,&quot;mutability&quot;:&quot;IMMUTABLE&quot;,&quot;data&quot;:{&quot;config&quot;:{&quot;alignment&quot;:&quot;right&quot;,&quot;size&quot;:&quot;small&quot;,&quot;showTitle&quot;:true,&quot;showDescription&quot;:true,&quot;textWrap&quot;:&quot;wrap&quot;},&quot;src&quot;:{&quot;id&quot;:&quot;92cd23_56ebcdc7efcd409b98674689829ad9b1~mv2.jpg&quot;,&quot;height&quot;:4000,&quot;width&quot;:6000,&quot;original_file_name&quot;:&quot;pexels-fauxels-3184418.jpg&quot;,&quot;file_name&quot;:&quot;92cd23_56ebcdc7efcd409b98674689829ad9b1~mv2.jpg&quot;}}},&quot;3&quot;:{&quot;type&quot;:&quot;LINK&quot;,&quot;mutability&quot;:&quot;MUTABLE&quot;,&quot;data&quot;:{&quot;url&quot;:&quot;http:\/\/maltaenterprise.com\/sites\/default\/files\/Recommended%20List%20of%20Service%20Providers%20for%20the%20Business%20Re-Engineering%20%20Transformation%20Scheme%2024-03-2021.pdf&quot;,&quot;target&quot;:&quot;_blank&quot;,&quot;rel&quot;:&quot;&quot;}},&quot;4&quot;:{&quot;type&quot;:&quot;LINK&quot;,&quot;mutability&quot;:&quot;MUTABLE&quot;,&quot;data&quot;:{&quot;target&quot;:&quot;_blank&quot;,&quot;rel&quot;:&quot;&quot;,&quot;url&quot;:&quot;https:\/\/clientportal.maltaenterprise.com\/login&quot;}},&quot;5&quot;:{&quot;type&quot;:&quot;LINK&quot;,&quot;mutability&quot;:&quot;MUTABLE&quot;,&quot;data&quot;:{&quot;target&quot;:&quot;_blank&quot;,&quot;rel&quot;:&quot;&quot;,&quot;url&quot;:&quot;https:\/\/www.cmgconsulta.com\/contact-us\/&quot;}},&quot;6&quot;:{&quot;type&quot;:&quot;LINK&quot;,&quot;mutability&quot;:&quot;MUTABLE&quot;,&quot;data&quot;:{&quot;target&quot;:&quot;_blank&quot;,&quot;rel&quot;:&quot;&quot;,&quot;url&quot;:&quot;http:\/\/www.maltaenterprise.com\/sites\/default\/files\/Change%20to%20Grow%20-%20Incentive%20Guidelines%20%28V1.0%29.pdf&quot;}}},&quot;VERSION&quot;:&quot;8.52.5&quot;}\">\n<div data-block=\"true\" data-editor=\"editor\" data-offset-key=\"foo-0-0\">\n<div data-offset-key=\"foo-0-0\">The <a href=\"https:\/\/covid19.maltaenterprise.com\/restart-incentive-scheme-2021\/\" target=\"_blank\" rel=\"noopener noreferrer\">Restart Scheme<\/a> by Malta Enterprise aims \u201c<a href=\"http:\/\/www.maltaenterprise.com\/sites\/default\/files\/ReStart%20-%20Incentive%20Guidelines%20%28V%201.0%29.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">&#8230;to support those businesses which due to the effect of the pandemic had to terminate operations, by helping them access advisory services and providing a kick-start grant to help them restart operations.<\/a>\u201d The scheme works by enabling businesses who had to shut down or had significant downturn in business due to Covid to access external advisory services in order to help them re-start their business or enture into a new business. In addition, beneficiaries of this scheme will be assisted with an additional grant to help in the actual implementation of the advice.<\/div>\n<\/div>\n<div data-block=\"true\" data-editor=\"editor\" data-offset-key=\"409jj-0-0\">\n<p data-offset-key=\"409jj-0-0\">\n<\/div>\n<h2 data-offset-key=\"917pj-0-0\">Restart Scheme Eligibility Criteria<\/h2>\n<ul data-offset-key=\"7llnc-0-0\">\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"7llnc-0-0\">\n<div data-offset-key=\"7llnc-0-0\">Self-employed, micro enterprises and SMEs;<\/div>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"be3sd-0-0\">\n<div data-offset-key=\"be3sd-0-0\">The business had to terminate business operations due to the economic disruptions caused by the COVID-19 pandemic between 1st June 2020 and 30th September 2021;<\/div>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"82eu8-0-0\">\n<div data-offset-key=\"82eu8-0-0\">This scheme falls under the de minimis regulations;<\/div>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"bv7lg-0-0\">\n<div data-offset-key=\"bv7lg-0-0\">Firms who are defaulting on VAT, Tax or Social Security payments are not eligible;<\/div>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"9o2vf-0-0\">\n<div data-offset-key=\"9o2vf-0-0\">Public entities are excluded from the scheme;<\/div>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"7phgq-0-0\">\n<div data-offset-key=\"7phgq-0-0\">The business cannot be an \u201cUndertaking in Difficulty\u201c.<\/div>\n<\/li>\n<\/ul>\n<div data-block=\"true\" data-editor=\"editor\" data-offset-key=\"84v7q-0-0\">\n<h2 data-offset-key=\"84v7q-0-0\"><\/h2>\n<h2 data-offset-key=\"84v7q-0-0\">Aid Awarded<\/h2>\n<\/div>\n<ul data-offset-key=\"n3ba-0-0\">\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"n3ba-0-0\">\n<div data-offset-key=\"n3ba-0-0\">The Restart initiative will support an Advisory Stage and a subsequent Implementation Phase to any recommendations pursuant from the advisory;<\/div>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"a3fou-0-0\">\n<div data-offset-key=\"a3fou-0-0\">Eligible undertakings may benefit from a maximum grant of \u20ac10,000 (disbursed in full) of eligible costs incurred;<\/div>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"726jv-0-0\">\n<div data-offset-key=\"726jv-0-0\">An undertaking can claim up to \u20ac200,000 over a 3 year rolling period (De Minimis reguations).<\/div>\n<\/li>\n<\/ul>\n<div data-block=\"true\" data-editor=\"editor\" data-offset-key=\"bosb8-0-0\">\n<h2 data-offset-key=\"bosb8-0-0\"><\/h2>\n<h2 data-offset-key=\"bosb8-0-0\">Advisory Stage Assistance<\/h2>\n<\/div>\n<ul data-offset-key=\"bfpad-0-0\">\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"bfpad-0-0\">During the Advisory Stage, support is limited to a maximum of five thousand Euro (\u20ac5,000) and up to one hundred and twenty euro per hour (\u20ac120\/hr) excluding VAT;<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"5vb1a-0-0\">\n<div data-offset-key=\"5vb1a-0-0\">The advisory service must be provided by an individual or a team led by an individual who can demonstrate previous experience in advising and supporting businesses start or restructure operations. The advisor must meet specific criteria set by Malta Enterprise and a list was drawn up by The Malta Chamber of Commerce, Enterprise and Industry for convenience. CMG Consulta Consultants are on the <a href=\"http:\/\/maltaenterprise.com\/sites\/default\/files\/Recommended%20List%20of%20Service%20Providers%20for%20the%20Business%20Re-Engineering%20%20Transformation%20Scheme%2024-03-2021.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Approved List of Advisors<\/a>;<\/div>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"ffppc-0-0\">\n<div data-offset-key=\"ffppc-0-0\">Beneficiaries are to complete the Advisory Stage within three (3) months of the Corporation\u2019s approval;<\/div>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"4er6n-0-0\">\n<div data-offset-key=\"4er6n-0-0\">The advisory service provider must agree to an hourly charge-out rate (max \u20ac120\/hour). The advisory service provider will be required to maintain time sheets depicting the work done in favour of the Beneficiary and to compile a report highlighting the main recommendations and eligible costs that the Corporation may consider supporting during the Implementation phase.<\/div>\n<\/li>\n<\/ul>\n<div data-block=\"true\" data-editor=\"editor\" data-offset-key=\"2qjnc-0-0\">\n<h2 data-offset-key=\"2qjnc-0-0\"><\/h2>\n<h2 data-offset-key=\"2qjnc-0-0\">Implementation Stage Assistance<\/h2>\n<\/div>\n<ul data-offset-key=\"e9su0-0-0\">\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"e9su0-0-0\">\n<p data-offset-key=\"e9su0-0-0\">The outcome of the advisory and the recommendations for implementing the required changes communicated to the Corporation in the Advisory Report can trigger the request for additional support to kick-start the change process;<\/p>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"cuvbe-0-0\">\n<p data-offset-key=\"cuvbe-0-0\">If undertaken, the Implementation Stage, must follow the advisory stage and be applied for when claiming for the advisory cost reimbursement;<\/p>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"b5rdn-0-0\">\n<p data-offset-key=\"b5rdn-0-0\">This Stage shall give access to a further five thousand Euro (\u20ac5,000) of support;<\/p>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"17h70-0-0\">\n<p data-offset-key=\"17h70-0-0\">During this phase, the Beneficiary can receive part financing of eligible costs incurred for the implementation of the recommendations highlighted by the advisory service;<\/p>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"7gb8f-0-0\">\n<p data-offset-key=\"7gb8f-0-0\">If the investment costs are approved and deemed eligible by the Corporation, a Letter of Approval will be issued to the Beneficiary approving support for the carrying out of the Implementation Phase;<\/p>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"3noj1-0-0\">\n<p data-offset-key=\"3noj1-0-0\">In addition, out of five thousand Euro (\u20ac5,000) of support available for the Implementation Phase, up to five hundred Euro (\u20ac500) of this funding can be utilised to part-finance additional advisory support required during the Implementation Phase.<\/p>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"5rt8k-0-0\">\n<p data-offset-key=\"5rt8k-0-0\">Only costs incurred after the Corporation evaluates the Advisory Report and issues a further Letter of Approval specifying the terms and conditions of any additional funding, shall be eligible.<\/p>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<div data-block=\"true\" data-editor=\"editor\" data-offset-key=\"ene3l-0-0\">\n<h2 data-offset-key=\"ene3l-0-0\">Ineligible Costs<\/h2>\n<\/div>\n<div data-block=\"true\" data-editor=\"editor\" data-offset-key=\"8rrl7-0-0\">\n<div data-offset-key=\"8rrl7-0-0\">Support may not be provided in respect to:<\/div>\n<\/div>\n<ul data-offset-key=\"drj61-0-0\">\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"drj61-0-0\">\n<div data-offset-key=\"drj61-0-0\">items or services procured from parties related to the beneficiary;<\/div>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"c8snf-0-0\">\n<div data-offset-key=\"c8snf-0-0\">items or services (excluding advisory approved under this scheme) procured from the advisory service provider or parties related to the provider;<\/div>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"3l3ki-0-0\">\n<div data-offset-key=\"3l3ki-0-0\">costs related to ongoing continuous or periodic activities;<\/div>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"6ah21-0-0\">\n<div data-offset-key=\"6ah21-0-0\">costs related to export activities;<\/div>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"4pkp4-0-0\">\n<div data-offset-key=\"4pkp4-0-0\">costs related to the undertaking\u2019s usual operating costs, such as routine tax consultancy services, regular legal services, or advertising.<\/div>\n<\/li>\n<\/ul>\n<div data-block=\"true\" data-editor=\"editor\" data-offset-key=\"7jbbs-0-0\">\n<h2 data-offset-key=\"7jbbs-0-0\"><\/h2>\n<h2 data-offset-key=\"7jbbs-0-0\">Summary of Rules<\/h2>\n<\/div>\n<ul data-offset-key=\"2u1pb-0-0\">\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"2u1pb-0-0\">\n<div data-offset-key=\"2u1pb-0-0\">The scheme was launched in 2021 and closes in 31st October 2022.<\/div>\n<\/li>\n<\/ul>\n<div data-block=\"true\" data-editor=\"editor\" data-offset-key=\"3dtuf-0-0\">\n<h2 data-offset-key=\"3dtuf-0-0\"><\/h2>\n<h2 data-offset-key=\"3dtuf-0-0\">High-Level Process<\/h2>\n<\/div>\n<ul data-offset-key=\"eqq03-0-0\">\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"eqq03-0-0\">\n<div data-offset-key=\"eqq03-0-0\">Call BusinessFirst to ensure that you are eligible for the ReStart Scheme.\u00a0 They will also provide the application form should you be available;<\/div>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"772qb-0-0\">The selected Advisory Service provider will have to provide you with a quotation on the Quotations Template provided by the Corporation. The quotation shall clearly define the advisory services agreed to, the hourly rate and the time allocated for the task;<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"6av44-0-0\">\n<div data-offset-key=\"6av44-0-0\">The applicant is to apply online on the <a href=\"https:\/\/clientportal.maltaenterprise.com\/login\" target=\"_blank\" rel=\"noopener noreferrer\">Malta Enterprise Client Portal<\/a>;<\/div>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"dtbac-0-0\">\n<div data-offset-key=\"dtbac-0-0\">The application consists of an application form where the applicant will need to detail a business justification for the project as well as information on how the project will be run and measured;<\/div>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"2n48p-0-0\">\n<div data-offset-key=\"2n48p-0-0\">Malta Enterprise is to review the application and issue a letter of approval specifying the terms and conditions of the award;<\/div>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"e4hvs-0-0\">\n<div data-offset-key=\"e4hvs-0-0\">Once the letter of approval is received the work can start to be carried out and needs to be completed within 3 months;<\/div>\n<\/li>\n<li data-block=\"true\" data-editor=\"editor\" data-offset-key=\"dnukm-0-0\">\n<div data-offset-key=\"dnukm-0-0\">In submitting a claim, the applicant needs to submit fiscal documentation, proof of payment, timesheets, and an Advisory Report on a template provided by the Corporation. The summary Advisory Report shall highlight the main findings of the advisory, the recommendations and a list of investments that are needed to facilitate the implementation of the recommendations.<\/div>\n<\/li>\n<\/ul>\n<div data-block=\"true\" data-editor=\"editor\" data-offset-key=\"4rqco-0-0\">\n<div data-offset-key=\"4rqco-0-0\"><\/div>\n<\/div>\n<div data-block=\"true\" data-editor=\"editor\" data-offset-key=\"cuv5q-0-0\">\n<div data-offset-key=\"cuv5q-0-0\">CMG Consulta are advisors who carry out business consultancy with SMEs and family businesses. We can assist you with reviewing your business model, internationalising, reviewing your product portfolio, improving operational performance, re-engineering business processes and transforming your business. <a href=\"https:\/\/www.cmgconsulta.com\/contact-us\/\" target=\"_blank\" rel=\"noopener noreferrer\">Please get in touch to explore actual opportunities.<\/a><\/div>\n<\/div>\n<div data-block=\"true\" data-editor=\"editor\" data-offset-key=\"6ovfd-0-0\">\n<div data-offset-key=\"6ovfd-0-0\"><\/div>\n<\/div>\n<div data-block=\"true\" data-editor=\"editor\" data-offset-key=\"5nlln-0-0\">\n<div data-offset-key=\"5nlln-0-0\">This document was prepared based on the Malta Enterprise <a href=\"http:\/\/www.maltaenterprise.com\/sites\/default\/files\/ReStart%20-%20Incentive%20Guidelines%20%28V%201.0%29.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Incentive Guidelines<\/a> for the ReStart 2021 Scheme as accessed on the Malta Enterprise Website on the date of publishing.<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Restart Scheme by Malta Enterprise aims \u201c&#8230;to support those businesses which due to the effect of the pandemic had to terminate operations, by helping them access advisory services and providing a kick-start grant to help them restart operations.\u201d The scheme works by enabling businesses who had to shut down or had significant downturn in [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":2350,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,32,48,36,35,31,30,38],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - 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