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Minister Cardona launches the ‘Start-Up Malta Foundation’

Friday, 16 August 2019
Minister for the Economy, Investment and Small Businesses Chris Cardona launched the “Start-Up Malta Foundation” (SUM) during a press conference, to establish a better and more efficient support system for young and maturing startups, according to a press release by the government’s Department of Information (DOI). The SUM foundation is a public organisation and is
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PRESS RELEASE BY THE MINISTRY FOR THE ECONOMY, INVESTMENT AND SMALL BUSINESSES Minister Cardona launches the Start-Up Malta (SUM) Foundation

stanley mifsud mimcol malta
Friday, 16 August 2019
During a press conference, Minister for the Economy, Investment and Small Businesses Chris Cardona launched the Start-Up Malta Foundation (SUM) to establish a better and more efficient support system for young and maturing start-ups. The SUM Foundation will be a major policy driver in the implementation of the national start-up strategy, as part of the
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Investment Services – Why MALTA?

Friday, 16 August 2019
Malta joined the European Union in 2004 and benefits from the harmonisation of EU financial services regulation, including the UCITS passport. It adopted the euro as its currency in 2008. As Malta’s single financial services regulator, the Malta Financial Services Authority (“MFSA”) regulates banking, financial institutions, insurance companies, investment services companies, securities, recognised investment exchanges
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Malta positioning itself as a new home for Start-ups

Friday, 16 August 2019
Malta is taking steps to spur the growth of early-stage businesses and to attract new talent from around the world. When one thinks of European start-up hubs, London and Berlin come first to mind, perhaps followed by Dublin and Lisbon too. However, the Facebook, AirBnB and Uber bug has also landed in Malta where a
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SEED INVESTMENT SCHEME INCENTIVIZING EQUITY INVESTMENT IN START-UPS

Friday, 16 August 2019
The primary and perhaps most challenging stumbling block that young entrepreneurs are facing in today’s economy is accessing finance for their new ideas. Given the intrinsic higher-risk profile of start-ups and early stage companies, conventional debt financing is not readily available and some entrepreneurial potential may be lost. With this in mind the Malta Investment
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