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How Are Funding Decisions Reached?

Posted: Wed Feb 19, 2025 10:32 am
by sumaiyakhatun26
Dixcart Malta can assist with applications to Malta Enterprise, the Government agency which offers support to companies at different stages of their lifecycle. Schemes are available depending on various criteria, including the nature of the project/operation.

Which Sectors are Eligible for Funding?
The main funding options are available for the following sectors: hi-tech, artificial intelligence, advanced manufacturing, life sciences, education and training, digital innovation and data science.

The hi-tech sector is defined to include:

Data hosting services
Payment gateway services
Cybersecurity
Cloud-based applications
Behaviour analytics
Automated multilingual customer service development
Big data and AI-driven financial analytics and insights
Autonomous, decentralised and intelligent system design
Digital games
Fintech
MedTech

Each situation is assessed on its own merits with Malta Enterprise reviewing numerous criteria and reaching a final decision on a case by case basis.

AI Strategy
The national AI strategy of Malta sets out the long-term objective as being to transform malaysia mobile database Malta into a leading economy in the field of AI by 2030. This maps the path for Malta to gain a strategic competitive advantage in the global economy as a leader in the AI field and has been built on the following three strategic pillars:

Investment, start-ups and innovation
Public sector adoption
Private sector adoption – three strategic enablers: education and workforce, ethical and legal, and ecosystem infrastructure.
New Niches
Malta is becoming a home to technologies that will shape the future. Technologies such as:

Distributed Ledger Technology (DLT) including blockchain
MedTech including bioinformatics and medical imaging
Artificial Intelligence, mainly with a focus on machine learning, natural language processing and speech
Internet of Things and 5G
Biometrics
Virtual Reality and Augmented Reality
Malta as a Technology Test Bed
Due to its relatively small size and population, Malta is an ideal micro test bed to enable solutions and service providers to prove their concepts.

Malta incentivises companies to introduce innovative technologies and to help build a new infrastructural future. The Government of Malta continues to invest in bringing the latest technologies to Malta to ensure continuous connectivity.