Gozo Information Session

Malta Enterprise will be organising an information session on the Gozo Transport Scheme and Micro Invest.

The Gozo Transport Scheme supports manufacturing undertakings operating from Gozo by reducing the additional inter-island transport cost incurred for transporting materials, goods and finished products between Malta and Gozo.  This assistance serves to reduce the cost-disadvantages for manufacturers based in Gozo, rendering these businesses in a better position to compete effectively within the single market.

Malta Robust Growth Outlook

The Winter 2016 Economic Forecast just published (February 2016) by the European Commission confirms Malta’s economy had a robust growth. It projects that real GDP growth in 2016 will be 3.9%. This figure ranks Malta with the third highest growth rate from all EU28. Furthermore, this solid growth is envisaged to be prolonged over the next years. For 2017, real GDP growth in Malta is projected to be 3.4% compared to 2.0% and 1.9% for the EU28 and EA19.

Full report on Malta’s economy and the EU overview can be found in the attached documents

Towards Personalised Medicine: iCarbonX chooses Malta as the first international base

iCarbonX has chosen Malta as the first international base of a project aimed at developing an artificial intelligence platform to facilitate research related to the treatment of diseases, preventive care and precision nutrition. This approach is considered as an essential element to enable the future development of personalized medicine.

Minister Chris Cardona and Malta Enterprise Chairman visit local companies

Minister Chris Cardona, accompanied by Dr. Mario Vella Executive Chairman of Malta Enterprise and Mr Cain Grech, Manager Policy and Administration at Business First visited Idroplast Ltd. and D-Square Ltd., two companies that in the last two years have been successful and benefited from assistance offered by Malta Enterprise and Business First.

New Schemes announced in Budget 2016 Speech

New Schemes announced by Government in the budget speech and will be launched by Malta Enterprise in 2016:

1.  Knowledge Transfer within the Artisan Sector

Malta Enterprise in collaboration with the Malta Crafts Council will be launching a pilot project to support knowledge transfer within the artisan sector. The aim of this incentive is to preserve traditional crafts which are at risk of becoming extinct.

Ghajnuna ghal Artiġġjanat

Malta Enterprise launches seed funding for small start-ups

During a press conference held at Malta Enteprise office, Dr Chris Cardona announced a new scheme, Business Start (B.Start), aimed at assisting new start ups.  Through this scheme, Malta Enterprise will be offering a seed funding for start-ups up to a maximum grant of €25,000.

The measure is intended to support small start-up undertakings that have a viable business concept and are in the early stage of its development.

An initial installment of €10,000 shall be paid once the project is approved.