UM’s business incubator CEBI launches new website

(source: Unsplash/Jesus Kiteque)

Last Updated on Wednesday, 21 August, 2019 at 12:39 pm by Christian Keszthelyi

The University of Malta’s Centre for Entrepreneurship and Business Incubation (CEBI) partnered up with web design startup The Branding Lads in launching a new website for CEBI’s TAKEOFF business incubator, according to a press statement sent to Business Malta. The new website aims to help entrepreneurs in Malta with starting up their businesses and making their ventures sustainable in the long term.

The website also aspires to offer a platform for partner organisations, current members, local grants and seed funding, as well as a new resource in the form of open access, online curriculum that teaches the essentials of enterprise and entrepreneurship, the press statement sent to BM says.

“TAKEOFF is more than a coworking facility, it is a mentored pathway that walks members through a powerful business-building framework. We provide friendly support and expert guidance so members do not feel alone and they can see a clear route forward,” said Joseph Bartolo, Incubator Manager.   

The new website also carries further information about the recently-announced “MedFest Call” for entrepreneurs as part of the Medfest’19 “Invest in the Future” event to be held on 14 December. MedFest is organised as part of the Malta-Sicily I-KNOW project, aiming to stimulate investment in innovation.

The concept is based on a UK model called VentureFest, and is expected to provide “unprecedented” opportunity for selected innovators to develop, then pitch, their business idea to a live audience of VIP guests and invited “business angel” investors.

“We are encouraging anyone with an innovative business, or business idea, to apply for the MedFest Call. People do not need to be experts in business or equity finance because we will provide that education to everyone we select to move forward. MedFest will be a powerful platform for something incredible to happen here in Malta, and who knows where the opportunity might lead us,” said Russell Smith, one of the original forces behind VentureFest.

“Participants would also receive upwards of €15,000 worth of expert mentoring, coaching and business advice, plus membership at TAKEOFF,” Mr Smith added.    

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