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S.L. 463.54 · Skills Development (2024) Regulations (S.L. 463.54)

S.L. 463.54 Art. 4Maximum aid.

In KraftAmtlicher Text

(1) Any aid provided in accordance with these regulations shall not exceed:

(a) seventy per cent (70%) of the eligible costs in the case of an undertaking which qualifies as a small undertaking;

(b) sixty per cent (60%) of the eligble costs in the case of an undertaking which qualifies as a medium-sized undertaking;

(c) fifty per cent (50%) of the eligible costs in the case of an undertaking which qualifies as a large undertaking.

(2) The maximum aid for each skills development project shall not exceed two million euro (€2,000,000).

(3) The aid intensity may be increased by ten percent (10%) when training is provided to workers with disabilities, however the aid intensity shall not exceed seventy per cent (70%).