Four units at the Kordin Business Incubation Centre (KBIC) have been dedicated to the newly set up MCAST Entrepreneurship Centre, thereby giving the opportunity to entrepreneurship students attending the College to benefit from the incubation services and start their own business.
The selection board took into consideration the business plans submitted by the companies, as well as their innovation and sustainability in choosing the first four tenants. The latter are coincidentally all involved in crafts, although the selection board does not exclude having tenants operating in the service industries.
Besides the operating base, Malta Enterprise will also be providing the start-ups with seed capital through a grant.
Other entities are also helping with the evaluation, support and mentoring, including EY, Microsoft and Vodafone.