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Re-design of RD&I industry support schemes
Published on 16 September 2019
Malta
This is the good practice's implementation level. It can be national, regional or local.
About this good practice
RELOS3 focuses on implementing RIS3 in a local context by actively involving local authorities, innovation actors and companies. As national economic development agency Malta Enterprise ran 3 RD&I support schemes for industry to support advanced manufacturing, a smart specialisation area in Malta. The need was identified to address increase participation and uptake of RD&I related incentives by industry. This was done through an initiative to redesign – based on past success – the existing RD&I incentives. The aim was to create more options, reducing any extra red tape and simplify the application, implementation and administration of the support schemes. The objective set was to be better aligned as a corporation to support industry R&I initiatives, creating a higher value added in the economy as a result.
Resources needed
1 FTE
Evidence of success
The existing industry R&I support schemes have been re-designed and increased based on the success of the past incentives. The incentives increased from 2 to 5 incentives, now with a better support focus: either project or personnel.
The new incentives are related to support projects:
• R&D Feasibility Study
• R&D 2014 - 2020
• Aid for R&D Projects (Tax Credits)
Incentives related to engage Personnel
• Tax Credits for R&D Innovation
• Innovation Aid for SMEs
The new incentives are related to support projects:
• R&D Feasibility Study
• R&D 2014 - 2020
• Aid for R&D Projects (Tax Credits)
Incentives related to engage Personnel
• Tax Credits for R&D Innovation
• Innovation Aid for SMEs
Potential for learning or transfer
The full process of design, deployment and managing RD&I industry support schemes, tailored to the current ecosystem, can be shared with the partners.
This practice can inspire public authorities and the improvement of a public policy as it supports the policy by creating visibility for RD&I policy as part of RIS3. Furthermore, this approach to incentive redevelopment can be adapted also to other areas of RD&I as has been the case in Malta.
This practice can inspire public authorities and the improvement of a public policy as it supports the policy by creating visibility for RD&I policy as part of RIS3. Furthermore, this approach to incentive redevelopment can be adapted also to other areas of RD&I as has been the case in Malta.
Further information
Website
Good practice owner
Organisation
Malta Enterprise
Malta
Malta
Contact
Head