Malta's startup ecosystem is thriving due to its strategic location, pro-business regulatory framework, and strong government support for innovation. With robust investments across sectors, Malta has positioned itself as a competitive global player, attracting top talent and fostering high-growth innovative ventures. In 2024, the Europe Startup Nations Alliance named Malta the fourth best destination for innovative startups among 21 EU countries.
Startups in Malta are welcomed with support from ideation to commercialization by Malta Enterprise, the national economic development agency of Malta. It offers funding, incentives and related services to entrepreneurs, startups, and established businesses. Start in Malta, a tailor-made initiative to attract startups for co-location, provides a roadmap for legislation, ensuring that Malta’s robust policies are globally-competitive.
Malta Enterprise administers a number of support measures including their flagship scheme - Startup Finance, where up to $1.64 million may be approved for innovative startups in the form of a repayable advance.
The Government of Malta’s 2024 budget introduced several startup initiatives, including $43.7 million in cash grants to help startups reach new markets. Malta Enterprise currently manages three schemes supporting research activities. These schemes support the exploratory phase of a research project, the actual research and development project, and collaboration between industry and academia to run research projects.
With more than 300 days of sunshine a year, a strong expat community, and a rich cultural scene, Malta is a welcoming hub for entrepreneurs. The Malta Startup Residence Programme offers a three-year residence permit that can be extended by a further five years for non-EU founders and their immediate families. The Malta Digital Nomad Visa enables remote workers to live in Malta while working for foreign companies, making it an appealing destination for global professionals.
