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future, one thing is certain – there’s no slowing down the start-up train. Start-ups nowadays have a number of helpful grants and systems in place to help them flourish – be it the Take Off Scheme funded by the University of Malta, or the recently government-launched Seed Investment Scheme, which is expected to generate €5 million in funds for start-ups, where every start-up company can be awarded up to €250,000, or 35% in tax credits. In the private sector, a number of mentorship initiatives run by investors have afforded startups’ sorely needed support. This usually happens in the form of incubators, a system where a group of start-ups are located in one central work space where they are allowed to grow their business until they become self-sufficient. In addition to its economic strengths and advantageous tax breaks, the recent introduction of Silicon Valletta has turned Malta into a unique and sought-after start-up hub in Europe. According to Silicon Valletta president, Simon Azzopardi, not only does Silicon Valletta act as a representative group for founders and investors on the island, but it also lobbies for young entrepreneurs who require support as they differentiate themselves from traditional market leaders. For foreign entrepreneurs, choosing Malta seems like a no brainer – English is widely spoken and the warm weather is a major plus.
An unforgettable dining experience Indulge yourself in our decadent Mediterranean fusion dishes while tapping your feet to the smooth sounds of live jazz playing every night.
M A L TA ’ S G R E AT E S T LIVE JAZZ R E S TA U R A N T
Hotel Juliani, St Julians. Malta info@jazzcaverestaurant.com t. +356 7991 9303 jazzcaverestaurant.com