S.L. 325.6 Art. 11Small and medium-sized enterprises.

(1) Where the Corporation is satisfied that a qualifying company which is a small or medium-sized enterprise requires the assistance of experts in a particular field, the Corporation may give such an enterprise a grant which shall not exceed 50% of the cost of the services of such experts: Provided that such a grant shall not be given in respect of services which are of a continuous nature or are provided periodically and relate to the enterprise’s usual operating expenditure such as routine consultancy services or advertising.

(2) Where the Corporation is satisfied that a qualifying company which is a small or medium-sized enterprise may benefit from its participation in fairs and exhibitions, the Corporation may give such an enterprise a grant which shall not exceed 50% of the costs of renting, setting up and running the stand; provided that such a grant may only be provided in respect of the first participation of an enterprise in a certain fair or exhibition.