Source of Funding:
Ministry for the Economy, European Funds and Lands (MEFL) and the University of Malta, supported by the Knowledge Transfer Office, Center for Entrepreneurship and Business Incubation and the TAKEOFF Business Incubator
The TAKEOFF Seed Fund Award is a joint initiative between the Ministry for the Economy, European Funds and Lands (MEFL) and the University of Malta, supported by the Knowledge Transfer Office, Center for Entrepreneurship and Business Incubation and the TAKEOFF Business Incubator.
The new feature of the TAKEOFF Seed Fund Award 2023 cycle is the involvement of the Malta Digital Innovation Authority (MDIA), for the support of research projects in the area of Artificial Intelligence.
A total of €150,000 has been earmarked for distribution between start-ups and academics to enable the next phase towards the commercialisation of their business or research idea. Grants between €2,500 and €25,000 will be awarded to the selected projects.
The will fund two types of initiatives: University of Malta academic staff may apply for ‘Proof of Concept’ funds which will enable a step-change in…