Experts from various European countries gathered in Malta to discuss Smart Specialisation Strategies (RIS3) and how these can be put to good use at a local level to promote innovation, particularly through the active involvement of local authorities, innovators and companies.
Data released by Eurostat, the statistical arm of the European Commission, shows that Malta has the highest share of Information and Communication Technology (ICT) graduates in the European Union (EU). In 2015, 8.5% of the students who graduated in Malta attained an ICT-related degree which is more than double the EU average of 3.5%. Furthermore, Malta also ranks 5th in the EU for graduates in the natural sciences, mathematics and statistics degrees.
The engagement of startups in the innovation process and how their role as regional and industry innovation providers could be improved was at the heart of the discussion during an interregional meeting hosted by Malta Enterprise for its partners in the Innova Foster project.
The strengthening of European manufacturing industries' competitiveness through nanotechnology, advanced materials technologies and open innovation was at the core of the debate during the EuroNanoForum 2017 conference, which was held over a span of three days between the 21st and 23rd of June in Valletta, Malta.
Around 700 delegates, 100 speakers and 50 exhibitors from all over Europe, as well as other countries such as Canada, Japan, Cuba and South Korea took part in the conference and shared their knowledge and experience.
Malta Enterprise hosted policy players from six countries - namely Estonia, Italy, the Netherlands, Poland, Spain and Malta - for meetings in relation to the RELOS3 project, an EU-funded initiative focusing on implementing regional Smart Specialisation Strategies (RIS3) in a local context by actively involving local authorities, innovation actors and companies.
Partners had the opportunity to exchange findings and analyse similar or complementary smart specialisations with the ultimate aim of further stimulating innovation in EU regions.
Centrecom, a Maltese registered company that offers call centre customer service support services, announced that it will be relocating its offices to Mosta Technopark, where it will also expand its operations and double its workforce from the current 250 to 500 employees.
Malta Enterprise and Trade Malta, with the support of the Ministry for the Economy, Investment and Small Business, have organized the Informal Council Working Group on Exports Credits. Senior officials from the Finance Ministries of the EU Member States and Export Credit Agencies attended the working session, the discussion of which focused on the challenges and risks facing Africa today.
Malta Enterprise and Malta Industrial Parks today signed a memorandum of understanding with world leading MRO service provider SR Technics.
Following the signing of a maintenance contract with EasyJet in June 2016, the company is again expanding its local activities, furthering its commitment to its Maltese operation.
Through this investment of nearly €30 million in state of the art infrastructure, SR Technics will be in a better position to bid for work with other airlines and will be creating an additional 400 quality jobs.
The EU & FDI: Love Lost? international conference, organised by Malta Enterprise, was held at the Mediterranean Conference Centre on April 7, 2017.
The Minister for the Economy, Investment and Small Business, the Hon. Dr Christian Cardona delivered the opening address, in which he emphasised the critical role played by FDI in the development of the Maltese economy since the late 1950s, and the Maltese government’s willingness to work towards making both Malta and the EU more attractive to FDI.
Almost two in every three startups within the technology sector in Malta immediately target the large innovation markets such as the US and the UK. At 62%, this rate is the 6th highest in the world and puts Malta among the global leaders in terms of market reach, the Global Startup Ecosystem Report 2017 published by Startup Genome has shown.