Retrofit

Business Enhance

Renovating, retrofitting, and refurbishing existing buildings offers a chance to improve the energy performance of commercial properties for long-term use.

This scheme supports enterprises and voluntary organisations with non-repayable grants to co-finance retrofitting investments aimed at improving energy and resource efficiency.

Grant value (max):	€5M
Target Group:	SMEs, Large Enterprises and Voluntary Organisation
Cut-off dates:	14th August, 12th September, 30th September, 2025.

Scheme Summary

The scheme aims to enhance energy efficiency, cut energy demand, reduce carbon emissions, and minimise energy waste by retrofitting private sector buildings.

All investments under this scheme must be completed by 31st March 2026.

Aid Intensity

The aid amount will be provided as a Standard Scale of Unit Cost per square metre and will vary based on building size, location, and the percentage reduction in Primary Energy Demand (PED), as follows:

Standard Scale of Unit Cost per Square Meter

Investment Location	Gozo	Gozo	Malta	Malta
If investment leads to a PED reduction of at least	30%	40%	30%	40%
Micro and Small	€340	€440	€300	€400
Medium	€255	€355	€215	€315
Large	€170	€270	€130	€230

Eligible Costs

The scheme covers upgrades to systems for heating, cooling, ventilation, hot water, and lighting, as well as building envelope improvements that reduce overall energy demand.

Renovations must achieve at least a 30% reduction in Primary Energy Demand (PED).

The baseline primary energy demand and projected improvement must be determined through an Energy Performance Certificate (asset rating).

Application Process

The scheme will operate on a demand-driven basis, with the IB issuing periodic open/ rolling calls for applications. Applications will be assessed after each cut-off date, and those meeting at least 50% of the selection criteria will be awarded, subject to budget availability.