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Malta at the Forefront of Technology and Innovation


Tech.MT - November 21, 2019 - 0 comments

As technology continues to advance, businesses will continue to be affected by the latest technological trends. With an increasingly educated workforce and growing economy, Malta’s determination is to expand the future potential of the island with the intention to be at the forefront of technology and innovation.

As part of its mission to expand the value of the technology industry in Malta, Tech.mt hosted the fourth Digital Invasions project meeting in November. The concept of the Digital Invasions project revolves around the promotion of good practices in the dissemination, enhancement and care of cultural heritage. Through the medium of technology, the project aims to improve the digital skills of citizens by using new technologies to promote a cultural point of interest.

To promote Malta’s pioneering initiatives in the AI and Blockchain spheres, Tech.mt participated in the third edition of the AIBC Summit. Representing the Government of Malta during this high-quality Summit, Tech.mt was presented with a unique opportunity to network with hundreds of investors and innovators.

Dana Farrugia
“Technology is not a one-size fits all sector, every solution is custom based and so are the needs of our countries. We can surely benefit from synergising effort between our tech sectors and we can turn this insight into opportunities for our businesses”

— Dana Farrugia

CEO - Tech.MT

Tech.mt shall be instrumental in taking the technology industry to the next level as it will seek to make the world notice the huge potential this sector in Malta has to offer. Attaining credibility in emerging markets is all about risk management and learning from failure. In this digital transformation we are experiencing, return on investment can be somewhat volatile, that’s why stable countries like Malta having healthy regulatory frameworks are a natural choice.

In its commitment to participate in international symposia and attract Foreign Direct Investment in the technology sector, Tech.mt participated in ‘The Blockchain Island meets Crypto Valley’ event in Zug, Switzerland organised by CV Labs. The event focused on Malta’s blockchain space, in particular Malta’s attractive and reliable business environment. Having a stable political, economical and financial system, the Maltese legislative and regulatory framework is a desired factor for investors determining a location to set up their new line of business. Malta’s accessible economic environment and tax incentives demonstrate a flexible work setting. Current investors seem to be very confident about their future business potential on the island, thus reflecting that Malta is already depicted an attractive place for startups.

Dana Farrugia, CEO - Tech.MT

The mission of Tech.mt revolves around the fundamental principle of assisting the technology sector and provide the necessary guidance in market intelligence. In 2020, Tech.mt will be organising focus groups with the technology industry to explore and generate ideas. It is our mandate to assist businesses to innovate, whilst facilitating connections with local and international organisations to foster business growth. In this respect, through these focus groups, Tech.mt aims to offer superior advisory services ensuring that the full potential of the client’s needs are met.

Technology is not a one-size fits all sector, every solution is custom based and so are the needs of our countries. We can surely benefit from synergising effort between our tech sectors and we can turn this insight into opportunities for our businesses. Tech.mt strives to enhance the potential of the technology industry in Malta, promoting the island as a quality and creative delivery country and ensuring sustainable economic development. We invite you to reach out to further explore our services and how we can promote and assist your business.

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