The TAKEOFF Business Incubator at the University of Malta celebrated its first year since opening its doors to start-ups, assisting them in developing their business ideas and making them market-ready. Today, the facility boasts 18 start-ups at various stages who together have raised over Eur 500,000 in investments.
The MCA has been supporting the Incubator from the start through a Seed Funding Award programme. New joint initiatives are also planned for the future.
TAKEOFF offers co-working spaces, private offices, social spaces and meeting rooms, and provides guidance through its expert staff, business development support, networking opportunities, mentoring, access to financing, training and promotion. This enables entrepreneurs at the incubator to create, package, market, manage, fund and develop their idea into a successful business.
The event was attended by University of Malta Rector, Prof. Juanito Camilleri, as well as mentors, investors, sponsors, partners, incubatees and members of the Start-up Community in Malta. Thought3D and Mighty Box Games, two of the start-ups at TAKEOFF, gave presentations of their projects to date.