How Singapore Became an Entrepreneurial Hub and WHY MALTA is doing the same play – Malta, the city-state hub for innovation and entrepreneurship in the Mediterranean Sea
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Singapore is regularly ranked as one of the easiest countries in the world in which to do business. There are rules, for sure, but they are clearly laid out and easy to follow. New companies can be set up in hours, if not minutes. Intellectual property is respected, and the rule of law is transparent. Immigration is no less a hot topic in Singapore than other countries, but Singapore makes it easy to get highly educated workers into the country, and has a specific employment pass targeting would-be entrepreneurs ……………..
Malta is so similar, based on the same concept with a strong Regulatory,Tech and Finance infrastructure and qualified skills coming form everywhere in the world and with a dedicated plan driven by MITA the Maltese Information Technology Government agency
The MITA Innovation Hub will serve as a venue where future web entrepreneurs and innovators will have a number of software and cloud technologies, and support programmes, to choose from for their projects. These include HP’s CloudSystem and HP LIFE Centre eLearning for Entrepreneurs, Microsoft’s Windows Azure and BizSpark Program, and IBM’s Global Entrepreneur Program comprising software, learning material, and access to technical and business mentorship.
The Innovation Hub plans to collaborate with other existing start-up initiatives such as the University of Malta’s Centre for Entrepreneurship & Business Incubation (CEBI) and their recently launched TAKEOFF incubator, the Microsoft Innovation Centre at SkyParks Business Centre, PwC’s 1Million Euro Startup Fund initiative and the Malta College of Arts Science and Technology (MCAST) that have recently been assigned a number of units at the Kordin Business Incubation Centre managed by Malta Enterprise.