Organisations now have the opportunity to train their staff while benefitting from a refund on training costs.
What is the Investing in Skills scheme?
An allocation of €8 million has been made available for a new initiative to promote training activities held by companies with their employees, between 19th April 2017 and 30th June 2020. Investing in Skills falls under Malta’s Operational Programme II of the ESF - ‘Investing in human capital to create more opportunities and promote the well-being of society’ for the 2014-2020 programming period.
Who is eligible for this scheme?
This scheme is available for companies in the private sector and the subsidy will vary based on the type of training and the size of the enterprise. Companies can benefit from 50-70% reimbursement on employee training.
What training costs are eligible?
Provided that companies applying for this scheme satisfy the eligibility criteria, reimbursement is given for:
Which of Mdina’s courses are eligible for this scheme?
All of Mdina’s in-company training and coaching programmes can be considered for this funding scheme.
How can I apply?
Companies are to submit an original and complete Investing in Skills Application Form together with the supporting documentation as per IIS Implementation and Guidance Notes. Follow this link for more information.
Funds are available on a first-come, first-served basis.