Top 6 Startup Accelerators & Incubators in Malta
Located in the center of the Mediterranean Sea, Malta is one of the world's smallest countries. Despite also being the European Union's smallest member state, the nation boasts one of the fastest-expanding economies and the lowest unemployment rate among its peers. Undoubtedly, Malta is bolstering its fast-growing startup ecosystem and marketing the nation as a solid and competitive entry point and base for entrepreneurs looking to develop new enterprises and gain access to the EU's single market. In this article, we have compiled a list of incubator and accelerator programs in Malta, along with a short overview to help you find a suitable program!
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FULL LIST OF STARTUP INCUBATORS AND ACCELERATORS IN MALTA
Full list of ideation to launch stage startup incubators and accelerators in Malta:
Basecamp
Stage: Ideation - Launch
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Game & eSports
Basecamp Malta is a start-up incubator that offers a specialized workspace for high-potential startups in video game development, esports, and immersive technologies. Basecamp Malta not only provides physical space for startups, but also a variety of support services to assist them in succeeding.
Basecamp Malta's major goal is to inspire cooperation and creativity by creating a healthy community of developers. Basecamp Malta provides a perfect environment for startups to thrive, thanks to the assistance of GamingMalta, an autonomous non-profit foundation that promotes the island as a center of competence in the digital and remote gaming sectors.
TakeOff
Stage: Ideation - Launch
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder
Need to have an idea: Yes
Focus: Sector Agnostic
Takeoff is a business incubator that helps technology and knowledge-based entrepreneurs and startups turn their ideas into profitable enterprises. Takeoff offers a wide range of resources and support services with a strong emphasis on company growth. Mentoring, education and training programs, networking opportunities, access to money and financing, and promotion services are part of the services they provide.
Takeoff also provides shared working spaces and facilities, fostering a collaborative environment that stimulates innovation and growth. The incubator has built an extensive network of contacts, including governmental financing institutions, angel investors, and corporate equity investors. Takeoff hopes to increase the exposure of its members and aid them in acquiring beneficial collaborations by utilizing these relationships.
Start in Malta
Stage: Ideation - Launch
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder / Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Start in Malta is a non-profit organization committed to encouraging business and innovation on the island. Based in the bustling city of Valletta, Start in Malta provides a platform for prospective entrepreneurs to network, learn, and build their businesses. The organization provides a number of programs and activities geared at assisting startups at various stages of growth.
The Startup Incubator is one of the primary initiatives provided by Start in Malta. This program privides early-stage companies the resources, coaching, and networking opportunities they need to turn their ideas into successful businesses. Start in Malta also organizes accelerator program for entrepreneurs who have already achieved some degree of traction and are aiming to grow their company. This program offers intense assistance and mentoring from industry professionals, as well as access to a network of investors and corporate partners and customized seminars to solve particular growth challenges.
EIT Digital Venture Program
Stage: Ideation - Launch
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Technology
The EIT Digital Venture Program is a one-of-a-kind opportunity offered by EIT Digital as a comprehensive two-stage competition to aid in the formation of deep technology-based enterprises.
Participants are provided a "Growth Package" at the first stage, which comprises a monetary award and participation in the pre-acceleration phase. Teams go through an 8-week program to design and complete their Minimum Viable Product (MVP) and establish their enterprise during this phase. Successful teams from the pre-Acceleration phase may be eligible for seed-stage funding.
SuperCharger Ventures Malta Accelerator
Stage: Ideation - Launch
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: EdTech
SuperCharger Ventures Malta Accelerator is a 12-week program aimed to assist and grow startups in the edtech sector. Backed by SuperCharger Ventures, the program offers opportunities for edtech startups to expand their teams and access non-dilutive funding of up to €500,000 or more in a soft loan.
Aside from financial assistance, the SuperCharger Ventures Malta Accelerator provides a number of other advantages. This accelerator program offers entrepreneurs a one-of-a-kind opportunity to join Malta's local edtech ecosystem and acquire crucial insights from a network of renowned mentors who bring a wealth of expertise and knowledge.
KSi Malta
Stage: Launch
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
KSi Malta Startup Accelerator is a reputable organization that provides various startup packages services for startups in Malta. KSi Malta offers full support to entrepreneurs planning to build their firms, which includes aiding in business formation, setting bank accounts, and assuring statutory compliance. To assist start-ups in making educated decisions, KSi Malta also provides crucial consulting services such as access to funding, cost benefit analysis, and financial feasibility studies. Furthermore, the accelerator includes a marketing partner who offers a variety of services such as website creation, maintenance, and marketing assistance.
The emphasis at KSi Malta Startup Accelerator extends beyond simply offering business support. The company is also highly dedicated to creating a flourishing corporate climate that supports and nurtures innovative ideas in the country.
Closing Thoughts on Startup Incubators and Accelerators in Malta
Malta has distinct advantages as a destination to live, work, and settle. It is one of the safest nations in the world, and residents get to enjoy a lovely Mediterranean lifestyle with a moderate temperature, friendly people, and a wide range of recreational opportunities. Together with robust regulation, brisk economic activity in a diverse range of industries, a trained labor pool, and pro-business government policies, these have all contributed to Malta's appeal as a jurisdiction of choice for both investment and migration.