For the past 5 years I have been going every year to Malta to work and enjoying the beauty and balanced way of life. I am so excited to announce that the 2nd edition of the Start-up Festival Malta will be taking place on the 13th and 14th of October 2022 and I hope to see you there!

Registrations are NOW open for Start-Up Festival!

The Start-up Ecosystem in Malta is Thriving!

If you are a founder of a start-up or scale-up you can explore an amazing opportunity of attending the festival, potentially to raise investment and to immerse yourself in a supportive and growth orientated eco-system. I highly recommend founders in these industries take up this opportunity: Web3, AI, Cyber Security, Cannabis, Advanced Manufacturing, Aviation (including drones), Digital Games, Education Technology, Life Sciences and Blue Economy.

The EU’s smallest member state, Malta is situated in the middle of the Mediterranean and has a thriving expat community, flourishing economy and is establishing itself as a hub for digital tech innovation.

Back in 2018 I gave a lecture on How Can Blockchain Be Used In Education at the Blockchain & Bitcoin Conference in Malta and absolutely fell in love with this beautiful island.

The inaugural AIBC Summit also launched in 2018 and became nexus for emerging technologies bringing the best and brightest in the world of Blockchain, Artificial Intelligence and Quantum Computing.

Because of this thriving ecosystem I decided to open a Startup Grind Malta chapter to join forces with very welcoming local partners and support the growing community.

Soon after I started promoting advantages of running an ICO and STO in Malta and started bringing business there as Malta is one of the only counties in the world with a full regulation for DLT in place.

The same year Malta also became the European City of Culture and the International Radio Festival took place in Valetta, bringing global leaders from the radio industry who broadcasted the festival to millions of listeners around the world.

In 2019 the inaugural edition of Medical Cannabiz World opened doors to the medicinal cannabis business bringing top industry players together. This was due to the Maltese government’s commitment to legislation and support of this high growth sector.

Malta’s Diversified Economy

Malta already has a firm foundations in the industries of tourism, iGaming, manufacturing and financial services. Malta’s economy is diversifying into AI, Big Data, IoT, and DLTs, niche sectors in which Malta could position itself as a world leader. The Aviation industry is taking off; apart from the established MRO and engineering niches, the UAV industry is also shaping into a new exciting sector. Malta is also targeting the budding Medical Cannabis sector while its sunny climate has also cemented itself as a favourite for the now expanding digital games and digital creativity markets.

Talent is evenly distributed

Malta is home to many talented individuals, with a high level of dexterity. Local talent, in addition to the pool of global talent, can be relied upon to provide skills to match any prospective venture. Malta has a good track record for attracting, and retaining, talent, and according to 2020’s Global Competitiveness Talent Report, Malta scores 23rd out of the 132 nations on its index.

Taxation: Corporate & Personal

Malta’s corporate tax rate is 35%, which can decrease to 5% for non-resident shareholders, due to Malta’s imputation tax system. The EU, and the OCED, fully approve of Malta’s tax system. Malta Enterprise runs the Qualifying Employment in Innovation and Creativity scheme, which offers qualifying highly skilled expats a flat tax rate of 15%. There are other similar schemes run by different entities. The personal income tax rate for individuals in Malta is attractive, even when set against international standards.

Funding: Grats & Loans

Extra funding is often required to drive innovation. The Malta Enterprise understand this, and have devised a scheme to give your business the boost it needs, whether it is a start-up, scale-up or established operation.

  • Business Start scheme is provided to start-ups and self-employed in their early development phase through an initial grant of up to €10,000 to develop their business concept. If your start-up presents a Business Plan and is deemed to be economically viable, it may be awarded a maximum grant of €200,000.
  • Start-up Finance assistance may not exceed €400,000, which may be increased to up to €800,000 if the start-up is an innovative enterprise.
  • Business Development scheme allows companies aiming to expand and transform their business operation or to consolidate their current activities can be awarded support in the form of tax credit or cash grants of up to €200,000.
  • The Soft Loan unlocks up to €1 million to fund the introduction of new products to the market, aid business expansion, further the implementation of sustainable practices, and the streamlining of digital processes.

Hustle Free Company Registration

Businesses in Malta operate under a number of structures. Most entrepreneurs choose LLC. It is mandatory for every company registered in Malta to have a registered office in Malta, while also being required to submit a valid Memorandum, and Articles of Association. Companies, and partnerships, are registered with the Registry of Companies, at the MFSA. Malta Enterprise is here to assist start-ups in navigating through both the legal, and the banking system.

Pro-Bono Support Services

Malta Enterprise’s support services will mentor start-ups through their inception, scale-up, and further growth. Each start-up is assigned a relationship manager, who will direct their attention to the various support schemes that they qualify for. Malta Enterprise can introduce start-ups to other Government bodies, and can facilitate contact with the finance, and education sectors, as well as Corporate Service Providers, Offices and Industrial space.

Villa-Bighi-Malta

Malta Enterprise has been leading the national ecosystem for start-ups. After the success of last years’ Start-up Festival I would like to announce that The Start-up Festival Malta is back!

I am so excited to announce that the 2nd edition of the Start-up Festival will be taking place on the 13th and 14th of October at Villa Bighi in Kalkara overlooking Malta’s famed Grand Harbour.

This year’s Festival will again live up to its name with experiences for youngsters that aspire to be founders but also matchmaking for more advanced start-ups and scale-ups looking to strike deals with local and international angel investors.

This is the place to be for more advanced start-ups and scale-ups looking to strike deals with local and international angel investors and VCs — Maltese matchmaking heaven facilitating next-level networking through partners Deal Room Events, who will offer curated matchmaking services.

Register your participation for the Start-up Festival Malta NOW!