S.L. 463.4 Art. 8Assistance for the development of international competitiveness.

Where the Corporation is satisfied that an undertaking carrying on or intending to carry out a qualifying activity that may contribute to the economic development of Malta, requires assistance to support or develop the international competitiveness of the undertaking, the Corporation may provide such an undertaking with a cash grant that shall not exceed sixty-five per cent (65%) of the eligible costs incurred in accordance with the terms and conditions set out in the Guidelines: Provided that applications for assistance under this regulation shall reach the Corporation by not later than the 31st December, 2013.