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project info
Start date: 1 March 2024
End date: 31 December 2028
funding
Fund: European Regional Development Fund (ERDF)
Total budget: 25 000 000,00 €
EU contribution: 15 000 000,00 € (60%)
programme
beneficiary
European Commission Topic
European Commission Topic

Hal Far Business Incubation Centre

INDIS Malta Ltd. is the largest operator of industrial parks in Malta and Gozo and is responsible for the administration of government-owned estates and related facilities around the islands, as well as supporting and promoting their further development. The project partner Malta Enterprise is Malta's economic development agency and is responsible for attracting new foreign direct investment and supporting the expansion of both existing and start-up ventures. These two prominent entities will lead the project, which involves the establishment of a Business Incubation Centre. The centre shall include offices, lab spaces and industrial areas where enterprises will be able to operate from in a supportive industrial community in Hal Far. The incubation facilities shall be made available to both local and international SMEs and enterprises. The business incubation centre will offer the required space to support the growth and establishment of SMEs and enterprises, with the objective of stimulating enterprises to broaden their product and service offerings in a collaborative environment. These investments will play a part in strengthening the Maltese economy.

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