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EU Grant Scheme for Sustainable Tourism Projects by Enterprises: INTRODUCTION Daniela Azzopardi Project Leader Tourism and Sustainable Development Unit.

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Presentation on theme: "EU Grant Scheme for Sustainable Tourism Projects by Enterprises: INTRODUCTION Daniela Azzopardi Project Leader Tourism and Sustainable Development Unit."— Presentation transcript:

1 EU Grant Scheme for Sustainable Tourism Projects by Enterprises: INTRODUCTION Daniela Azzopardi Project Leader Tourism and Sustainable Development Unit Office of the Prime Minister Operational Programme I – Cohesion Policy Investing in Competitiveness for a Better Quality of Life Aid Schemes part-financed by the European Union European Regional Development Fund (ERDF) Co-financing: 85% EU Funds; 15% National Funds Investing in your future

2 Presentation Overview 1.Grant Scheme Objectives 2.Target Beneficiaries 3.Intervention Areas 4.Financial Thresholds 5.Ineligible Expenditure 6.MEPA Permits 7.Important Dates

3 Grant Scheme Objectives Co-financed by the EU’s European Regional Development Fund which aims to promote investment and correct regional imbalances Produces financial aid towards Malta’s tourism sector Envisages directing financial aid to proposed tourism projects which aim to contribute towards sustainable development of tourism in Malta and therefore strengthening Malta’s competitiveness Promotes Research & Innovation, use of ICT, and Environmental initiatives focusing on tourism and generating a positive impact on the performance of Malta’s tourism industry

4 Sustainable Tourism The Scheme will fall within the Sustainable Tourism Priority in the Operational Programme I (OPI): Investing in Competitiveness for a Better Quality of Life and will therefore provide funding only for those projects which demonstrate a significant impact on sustainable tourism

5 Social Sustainability Achievement of Sustainable Tourism Development through the Grant Scheme Economic Sustainability Environmental Sustainability

6 Economic Sustainability Relating the project to Economic Sustainability:  provide employment & sustain existing jobs  enhance own enterprise competitiveness as well as of destination Malta  upkeep of places of interest through tourism contribution  distributed tourism earnings – over all seasons

7 Environmental Sustainability Relating the project to Environmental Sustainability:  reduce waste creation  reduce energy costs  invest in water conservation  increase protection of natural landscapes & biodiversity as an integral part of project objectives/results

8 Social Sustainability Relating the project to Social Sustainability:  nurture and regenerate social fabric  provide accessibility to all  restore local heritage  conserve and/or revive local traditions  Involve the local residents

9 Target Beneficiaries...who can apply? In order to be eligible for funding, applicants must primarily be engaged in an economic activity, irrespective of their legal form These may also include self-employed persons, family businesses, partnerships or associations/ngos Projects must constitute state aid. The project’s main objective must be tourism The applicant organisation must be based in Malta Project benefits will accrue to Malta Projects that are self-sustaining, an investment that will generate economic development

10 Target Beneficiaries...eligible to apply ~ type/size Small, medium, and large enterprises Group of companies Associations/NGOs Start-up enterprises (VAT registration less than 5 years) Networks (group of enterprises working together for the purpose of the scheme) projects with direct relevance to tourism

11 Target Beneficiaries Requirements: Applicants must show that they are licensed to operate in their respective fields. If an operating license is required, evidence of the paid licence for this year must be attached to the application form. Examples of licensing offices include: - MTA Quality Assurance Directorate - Ministry of Education and Culture (language schools) - Ministry for Finance, Economy, and Investment (museums, private institutes, cultural enterprises and other entities not licensed under other entities)

12 Small, Medium, and Large Enterprises Enterprises are classified as Small, Medium Sized (SMEs) or Large enterprises This differentiation is important for defining the aid intensity and for the purposes of State Aid Enterprises may be differentiated upon: -Staff headcount (determined in the ETC employer employees list and the List of hours worked by part timers) -Annual Turnover (enterprise income received during year in question) -Balance sheet totals (value of company’s main assets) -Shareholding

13 Start-ups Start-ups proposing a tourism related project are also eligible for assistance through the Scheme. For purposes of the scheme, a start-up refers to an enterprise that has been in operation for the past 5 years (up to the date of submission of application) and must have all necessary licences or compliance certificates in the case of MTA licensed operators. The start-up date to be considered will be that of the VAT registration date.

14 Networks Networks consisting of a mix of enterprises and/or NGOs are eligible to apply for the Grant Scheme. Networks may be formed for the duration of the project. The operating licences of all participating enterprises in the network have to be presented as an attachment to the application form being submitting. Activities should be divided among the parties in the network and an outline of how expenses are to be divided should be included as an annex in the application form.

15 Co-operatives Co-operatives, which are also eligible to participate are considered enterprises as long as they carry out regular economic activity. This is based on the definition where co-operatives are defined as an autonomous association of persons united voluntarily to meet their economic, social and cultural needs and aspirations, including employment, through a jointly-owned and democratically-controlled enterprise, in accordance with co- operative objectives

16 Associations/NGOs Associations/NGOs need to fulfil a number of criteria in order to be eligible for funding under this Grant Scheme: To be regularly engaged in an economic activity. (this refers to the production and distribution of goods and services) The project must have State Aid implications. (information on state aid may be obtained from the State Aid Monitoring Board) If the association is a registered member with the Voluntary Organisations Commissions, it must submit all documents required along with the application form If not already registered, associations must prove and confirm that they are in the process of registering Must ensure that association is not receiving alternate financial aid or sponsorship from government for the same project

17 Co-financing Thresholds Enterprise Category Public Co-financing Private Co-financing Small Enterprise50% Medium Enterprise40%60% Large Enterprise30%70% In the case of a network formed by enterprises of different sizes, the co-financing rate will be that of the largest enterprise

18 Total Eligible Costs Projects submitted by type of enterprise Minimum ThresholdMaximum Threshold Projects submitted by SMEs (one or more companies) €15 000€ Projects submitted by Large enterprises (one or more companies) €58 000€ Enterprises falling under DeMinimis Regulation (per company) €15 000€ Projects submitted by networks €15 000€

19 Proposed Intervention Areas Project Activities must fall under one or more of the Proposed Intervention Areas:  Product Upgrade & Investment in Equipment  Investment in Environmentally friendly measures  Investment in Information Communication Technology  Investment in Entrepreneurship  Investment in Marketing

20 Ineligible Expenditure VAT and other taxes and charges. Any costs paid outside the eligible period of operation. Projects already supported by a European, or other international and national grants. Service charges arising on leases, hire purchase agreements, depreciation, loan charges, debit interest, charges for financial transactions, foreign exchange commissions and losses, fines, financial penalties and expenses of litigation, bad debts. Staff and operational costs. (enterprise management, routine or essential maintenance of a capital facility) Purchase of land and real estate, demolition and construction costs. Purchase of transport vehicles including cars, boats and motors. Expenditure not declared in the application form. Costs resulting from quotations that cannot be compared on an objective basis.

21 For any interventions requiring a MEPA permit, applicants need to submit either copies of permits or a copy of their MEPA application with the application form. Indicative list of activities requiring a MEPA permit: Generators All works to the enterprise’s façade Product upgrade activities related to sites which are newly built or recently re-structured Environmental equipment that will affect the surrounding environment Building housing a compressor and not covered by a police permit MEPA Permits

22 Dates to Remember Application Form Submission Dates Opening: 29 th October 2010 Closing: 14 th January 2011 Till 15:00 (3:00pm) Evaluation Process Duration of approximately 6 months following closure of the call (subject to number of applications received)

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