News

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. On the other hand, Micro Invest encourages undertakings to invest in their busi

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

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.iCarbonX founder and CEO Dr Jun Wang was the co-founder and former CEO of genome-sequencing powerhouse BGI that in 2013 acquired California-based Complete Genomics.

Management and staff at Malta Enteprise today donated money to help in breast cancer research.

Malta Enterprise has introduced a late submission deadline for Micro Invest applications. Applications must be submitted by 30th November 2015 and may only include costs incurred in 2014.Businesses that have already submitted a claim for costs incurred in 2014 may not submit another application.Full documentation and the application form can be found on the Malta Enterprise website http://www.maltaenterprise.com/en/support/microinvest. Further guidance may be sought by contacting Business First on 144.

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.Minister Cardona reiterated Government’s commitment towards a pro-business strategy and this is confirmed through the new incentive schemes announced in this year’s budget.

New Schemes announced by Government in the budget speech and will be launched by Malta Enterprise in 2016:1.  Knowledge Transfer within the Artisan SectorMalta Enterprise in collaboration with the Malta Crafts Council will be launching a pilot project to support knowledge transfer within the artisan sector.

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.Subsequent installments shall be paid quarterly after the Corporation reviews and endorses that th

Malta Enterprise was unanimously elected to the Vice Presidency of the Euro-Mediterranean Network of Players for Economic Development (ANIMA).

Malta Enterprise is actively participating on a business delegation in Oman with the intention of promoting investment from and towards Malta in Middle-Eastern markets. The delegation is headed by the Minister for Economy, Investment and Small Business, Hon. Chris Cardona.