The app was designed after receiving feedback from the public and realising that businesses’ reported difficulties in making sense of the overwhelming and disjointed amount of information from many different sources on support and incentives available to them.

The app aims to be a practical and streamlined platform that can help local businesses rifle through the available collection of schemes and other incentives available from all government organisations.

Support measures available through the app are grouped based on the type of funding mechanism and are further categorised by the sectors they target.

Each page relating to a particular incentive provides basic information about the scheme, with direct links to more detailed information along with contact details pertaining to the entity managing each initiative.

The mobile app entitled Enterprise Incentives is available on Google Play Store and Apple’s App Store.

Malta SME Week kicks off with StartUp Café

The Malta SME Week is also taking place now. Mr Cardona’s launch of the week-long event series, as well as the app, was announced at the second edition of Malta Enterprise’s StartUp Café. During this event, Malta Enterprise said it has supported startups with €2m since 2015.

The Malta SME Week is part of the European Commission’s EU-wide SME Week events, which aim to generate public awareness among people who wish to start a business or are already in business and wish to grow their activities. The event series lasts for six weeks. This year’s edition is featuring a wide range of events targeting different audiences.

The SME Week in Malta ties with the economy ministry’s efforts to promote entrepreneurship as a career option while providing information on national and EU entities assistance to micro, small and medium-sized businesses and also giving recognition to entrepreneurs for their contribution to Malta’s welfare, jobs, innovation, and competitiveness, according to the DOI press release.

“October has become synonymous for the local business community with events that bring us and the relevant stakeholders all together, where we update each other on local and European trends. It’s also an opportunity for us to have a better idea of what challenges and realities our businesses are facing,” said economy minister Mr Cardona.

The StartUp Café brought together some 120 young enterprises looking to start their own business. During the event, professionals and academics shared their experiences in order to help participants to develop their entrepreneurial skills. In addition, participants participated in workshops and networking sessions with the panellists.

The post Mobile app aims to assist businesses in Malta first appeared on The Malta Business Weekly.

The Malta Enterprise recently held the second edition of Startup Café; an event providing a space for newly established startups and the youth to meet and network with mentors from different fields and backgrounds.

During the event, seasoned entrepreneurs shared their experiences to help participants further develop their business enterprising skills. The event offers a venue to discuss ideas, pose questions or simply catch up with the current and emerging trends and business realities.

Startup Café is organised by Malta Enterprise with the support of the Ministry for the Economy, Investment and Small Businesses and Young Enterprise Malta Foundation (JAYE Malta), within the framework of the Malta SME Week.

Kurt Farrugia, CEO of Malta Enterprise has promised the startup community that the ME will continue working to help those interested in setting up their own business.

The post Malta Enterprise supports startups with €2m since 2015 first appeared on The Malta Business Weekly.