Malta, the heart of the Mediterranean, is setting its sights on becoming a world leader in digital innovation. A critical piece in this strategic jigsaw is the Malta AI Policy. This ambitious policy is a testament to Malta's commitment to embracing the future, fostering innovation, and making waves in the world of artificial intelligence.
The SMEi (Small Medium Sized Enterprises Initiative) in Malta, strives to help local SMEs start and grow their business. Previously, the SME Initiative Fund stood at €15 million, however, after being topped up with €7 million, the initiative fund now stands at €22million. After being leveraged, this ends up being approximately €90 million dedicated for investment of SMEs.
In today's inter-connected world, starting your own business is easier than ever! Not only do you have the ability to market to a larger audience than ever, for a smaller price than ever, but you can also access insider knowledge, mentoring and network with other entrepreneurs easier than ever. It's surprising more people haven't started their own business! There's always the same old roadblock however: finance. This has been made easier with the internet however, and gone are the days when the only opportunity was begging the bank for a loan! Now, there are more ways than ever to fund your new business based in Malta!
Malta is renowned as a global centre of excellence for commerce. This reputation is thanks in part to the significant business incentives in Malta, afforded by its inherently pro-business policies. It is no surprise, then, that so many successful companies establish themselves in Malta.
It might be the smallest member of the EU state, with both a small population and land area but Malta is truly a world leader when it comes to financial services. Indeed, financial services in Malta are world-recognised and highly competitive when it comes to delivering international financial services. Successive governments on the island have worked hand in hand with industry to position financial services in Malta as a leading centre for sophisticated financial business. Incentivizing business, educating the local population and creating a sound regulatory infrastructure has really paid off for Malta allowing them to play host to a variety of financial businesses. From Investment Advisors to Insurance Managers and even Commodity, Equity and Forex traders, Malta is home to many different financial businesses, the financial sector is thriving. EU membership and their attitude towards regulation of financial services have really helped financial services in Malta to emerge as world leaders.
Malta Enterprise is the economic growth agency that is responsible for the development and support of Malta’s enterprise both locally and internationally. To help facilitate the development and growth of businesses in Malta, the agency provides a range of funding and support that assists in facilitating the enterprise throughout its stages of growth. Whether you are a businessperson with a new start-up idea or a reputable business ready to enlarge your activities, entering into a joint venture or project into exports, Malta Enterprise can help you. Below are the areas Malta Enterprise focuses on to offer when offering funding support. Click on the several sections to access Malta Enterprise full range of funding programmes that can help you.