‘Investing in Skills’ Funding scheme for corporate training now launched.

Businesses based in the Maltese islands now have the opportunity to benefit from the recently launched ‘Investing in Skills’ Funding Scheme administered by Jobsplus. The funding scheme previously titled TAF2 gave more than 2,300 individuals from 450 different enterprises in Malta a tax rebate on their corporate training. In the case of the ‘Investing in Skills’ Funding Scheme, an allocation of €8 million has been made available to promote training activities between 19th April 2017 and 30th June 2020.

“The constant need to upgrade and gain critical ICT skills and certifications is being felt across all industries all over the world, Malta included. The launch of this funding scheme is a great initiative for businesses who want to remain competition and recognise the importance of investing in their greatest asset, their people. – Nikolai Sammut, ICE Malta Co-Founder.

Large, medium, small and micro companies may benefit from up to 50%, 60% or 70% of their training fees as well as receive an additional subsidy on employee wages for any of their preferred ICE Malta worldwide recognised study programmes by Adobe, Autodesk, Cisco, Microsoft, LPI & The Digital Marketing Institute, courses scheduled DAYTIME, PARTTIME as well as Custom Designed training commencing in April 2017.

The ‘Investing in Skills’ funding scheme will be made available up to 2020. This gives HR Leaders and Training Managers the opportunity to plan their training ahead and get a holistic understanding of the skills and certifications their company predicts it will need in the coming years.

“We are confident that the majority of companies in the Maltese islands will be scheduling ICT training for their teams and we are eager to support them in the ‘Investing in Skills’ funding application process and deliver ICE Malta’s world-class study experience to some of the island’s most successful brands. – Nikolai Sammut, ICE Malta Co-Founder.

The scheme is demand driven and grants will be provided on a first come first served basis subject to calendar year total ceilings of approximately €2 million. Therefore early registration is recommended.

Benefit from the
Investing in Skills Training Fund


Register your interest and we’ll get in touch.

 

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