VentureRocket and Malta Enterprise have officially partnered to set up VentureRocket Malta – a cooperation focused on scouting, financing, and acceleration of innovative startups in Malta.
In this cooperation, VentureRocket Malta will scout innovative startups and companies both locally and globally, plan their introduction to the Maltese ecosystem, aid them using Malta government grants and support plans, and together with Malta Enterprise, build a special case by case growth plan for them.
VentureRocket is a part of Titanium Technologies Group acting as a holistic startup ecosystem management environment that collaborates with governments, education institutions, and innovation organizations. Thanks to its experience and vast expertise in ecosystem building, VentureRocket has established a huge network of leading startup-investor ecosystems globally, assisting them with VentureRocket’s acceleration services, like:
- a digital environment and tools to manage the ecosystem of startups and investors and help startups execute their fundraising campaigns,
- global startup scouting and investor outreach activities,
- сustomized acceleration/incubation programs,
- and other dedicated services, according to the partners’ needs.
Malta Enterprise is the country’s central contact point for startups that aims at further synergizing the local startup ecosystem. Over the last months, Malta Enterprise has launched a number of incentives for start-ups and an enablement and visibility campaign built around the portal StartinMalta.com
“We are excited to partner with VentureRocket for bringing more opportunities to Malta-based startups and help them realize their full potential, by supporting them with amazing ecosystem building services from VentureRocket. We are also confident that Venture Rocket Malta can be a great way for global start-ups to get access and grow in the Maltese and the European Union markets,” – says Malta Enterprise CEO, Kurt Farrugia.
“This announcement is another milestone in the momentum we have been building over the last months via agreements with local and international partners. These efforts are reaping results with 73 applications for startup assistance received between January and June this year compared to 46 applications in the same period last year. Also, we see that a good chunk of our incoming FDI’s are exciting startups coming from a myriad of fields – from aviation to cybersecurity, from fintech to digital games. Malta as a startup hub is a works in progress”, – he adds.
“At VentureRocket, we see great potential in entering the Maltese market. Due to Malta’s great strategic location, strong human capital opportunities, and a friendly lifestyle, it creates favorable conditions for startup scouting and finding great investment opportunities in the region”, – says Asaf Yosifov, the CEO at VentureRocket