News

The recent forest fires in the Mediterranean and the erratic weather conditions have clearly indicated that globally, we are in a climate emergency. This has economic, social and environmental ramifications. Furthermore, geopolitical tensions, a shortage of critical resources, China’s and the United States’ advancements in Clean Tech are further pushing up Europe’s agenda to invest more in its industrial policy based on open strategic autonomy.

Today Malta Enterprise has launched a stakeholder consultation process for a national Malta Startup Framework

With this strategy we want to create a framework that is really designed to cater exclusively for the needs of start-ups. This continues to reinforce the strong commitment that Government and Malta Enterprise have towards start-ups.

A new ESG Grant by Malta Enterprise will support small and medium sized enterprises acquire the necessary advisory services to enhance their sustainability.

This new government scheme was announced by Minister for the Environment, Energy and Enterprise Miriam Dalli and Malta Enterprise CEO Kurt Farrugia.

Malta Enterprise launched the Blue Med, a new initiative focusing on assisting businesses to develop further the blue economic potential in Malta.

Incorporated within the organisational structure of Malta Enterprise, the Blue

Med specifically targets local and international disruptors and innovators, in emerging blue economic niches. At the same time, it supports and assists traditional blue economic sectors in embracing innovative business solutions, making their business operation more sustainable in the long run.

Similar to other global players, the European economy and its future development depend greatly on what are known as Critical Raw Materials (CRMs) particularly in view of the digital and sustainability transition to Net Zero by 2050. This is due to their strategic and economic importance in an array of industrial sectors such as; aerospace, defence, digital including clean tech for the energy sector and transportation. These aim to ensure the sustainable functioning of the European economy through the dual digital and carbon reduction transformation.

Scheme aimed at supporting a knowledge-based workforce

Malta Enterprise has extended its Skills Development Scheme, a programme designed to boost skills and drive growth in Malta’s business sector. 

This new support for businesses was launched by Minister for the Environment, Energy and Enterprise Miriam Dalli and Malta Enterprise Chairperson William Wait, during a presentation about the scheme by the corporation’s CEO Kurt Farrugia.

Photo Credits - Chris Sant Fournier

The growth of a low-carbon circular economy has been impeded in recent years by rising packaging usage and low rates of recycling and reuse. In response, the European Commission will be repealing the current Directive on Packaging & Packaging Waste 94/62/EC and will replace it with a new regulation requiring member states to reduce packaging waste by five per cent by 2030 and 15 per cent by 2040, compared to 2018 levels.

The European Commission (EC) has recently issued the first draft of the European sustainability reporting standards (ESRS) delegated act for public consultation.

This act supplements the Accounting Directive as amended by the Corporate Sustainability Reporting Directive, which requires large and also listed companies to publish regular reports on the social and environmental risks they face, and how their activities impact people and the environment.

Mental health is a pressing concern that touches each one of us, directly or indirectly. For three decades, Richmond Foundation has been a beacon of hope, providing support to those grappling with mental health issues and their families. This year, Malta Enterprise as part of its CSR initiatives, has put together a memorable recital which saw the participation of two extraordinary artists violist Carmine Lauri and classical guitarist Simon Schembri to celebrate Richmond’s relentless efforts in raising mental health awareness, particularly within the workplace.

The European Defence Fund (EDF) promotes cooperation among companies and research actors of all sizes and covers all EU Member States and regions, in research and development of state-of-the-art and interoperable defence technology and equipment. The EDF supports competitive and collaborative projects throughout the entire cycle of research and development to leverage a bigger impact on the European defence capability and industrial landscape.