Investing in Skills Scheme: Get Up to 70% Funding for Employee Training in Malta

Investing in Skills Scheme: Get Up to 70% Funding for Employee Training in Malta

15/03/2025

In today’s competitive business landscape, investing in your employees’ skills is essential. If you’re looking to enhance productivity and efficiency while taking advantage of government support, the Investing in Skills (IIS) scheme offered by Jobsplus in Malta is the perfect opportunity.

What Is the Investing in Skills Scheme?

The Investing in Skills Scheme is a government-funded initiative designed to help Maltese businesses upgrade their employees’ digital and productivity skills. Eligible applicants are non-government entities registered in Malta – such as private companies and public entities that are not majority government-owned. By subsidising a significant portion of your training costs, the scheme enables you to empower your workforce without straining your budget.

Key Details of the Scheme

  • Eligibility:
    The scheme is open exclusively to non-government entities registered in Malta. All training must be provided in Malta, and applications must be submitted with complete documentation at least 7 days before the training (preferably 21 days).

  • Subsidy Levels:
    The level of aid intensity varies by the size of the enterprise:

    • Small enterprises: Benefit from 70% of eligible costs.
    • Medium enterprises: Benefit from 60% of eligible costs.
    • Large enterprises: Benefit from 50% of eligible costs.

  • Eligible Costs:
    Reimbursable expenses include:

    • Trainer personnel costs for the training hours.
    • Trainee personnel costs for the training hours.
    • Operating costs (such as travel expenses) for both trainers and trainees.
    • An additional 7% to cover general indirect costs.
    • Note: The scheme covers the costs of a maximum of 10 trainees.

  • Supported Training Formats:
    Training can be delivered in various formats:

    • Classroom-style training (with a physically present trainer, which can also be conducted on the job).
    • Online training (via platforms like Zoom or Google Meet).

  • Important Dates:

    • Application Deadline: December 31, 2026
    • Training Delivery Deadline: June 30, 2027
      (Note: Jobsplus may close the scheme before the deadline if the budget is fully committed.)

Why Invest in Skills?

Imagine a workplace where your team is equipped with the latest digital tools, where everyday tasks are streamlined through proven strategies, and where every employee works more efficiently. The IIS Scheme makes this possible by substantially reducing your training expenses and providing you with access to expert-led, comprehensive training programs.

The benefits include:

  • Cost Savings: Significant subsidies mean you pay only a fraction of the training costs.
  • Enhanced Productivity: Equip your staff with practical skills that directly impact their daily work.
  • Competitive Advantage: A well-trained workforce is more agile and better prepared to meet industry challenges.
  • Employee Engagement: Investing in skills boosts morale and fosters a culture of continuous improvement.

How We Can Help

At Novus, we specialise in designing and delivering tailored productivity training programs that align perfectly with the IIS Scheme requirements. Our expert-led training is designed to provide practical, actionable strategies that immediately improve workflow and efficiency.

Our services include:

  • Customised Training Programs: Tailored content that addresses your company’s specific productivity challenges.
  • Flexible Delivery: Options for in-person, online, or blended training to suit your work environment.
  • Comprehensive Documentation Support: Assistance with the IIS application process, including preparation of training schedules, participant lists, and compliance paperwork.
  • Ongoing Support: Post-training follow-up to ensure that new skills translate into measurable improvements.

Ready to Transform Your Workforce?

Don’t miss out on this opportunity to enhance your team’s skills while benefiting from government support. Empower your workforce to excel in today’s dynamic business environment.

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Invest in skills, drive efficiency, and set your team on the path to lasting success.