A formal introductory meeting was held with the MFSA Chairperson, Mr Jesmond Gatt and MFSA CEO, Mr Kenneth Farrugia. The SME Chamber was represented by CEO Abigail Agius Mamo, Head of Policy Andrew Aquilina and Council Member Marthese Micallef. The SME Chamber was also accompanied by a number of members representing different sectors.

The SME Chamber and MFSA discussed closer cooperation in order to support each other on a number of areas as well as experiences different sectors go through that can be worked on to improve the ease of doing business and make operations more sustainable.

The new National Language Technology Platform traduzzjoni.mt has been recently launched and may be accessed free of charge by businesses and the general public at: https://traduzzjoni.mt/

 Besides integrating eTranslation (the European Commission’s translation platform), traduzzjoni.mt has also been trained on local data, such as the Laws of Malta, for more refined results.

For more information about the National Language Technology Platform project and the language tools available visit: https://www.nltp-info.eu/

 Should you need any further information, do not hesitate to contact the Office of the State Advocate by email:

Aim of the Action Days

The Ministry for the Environment, Energy and Enterprise is currently in the process of drafting a programme of events as part of the European Sustainable Development Week 2023, the core week of which to be held between the 20^th and 26^th September 2023.

The aim of the Action Days is to promote and foster awareness on sustainable development and the related United Nations (UN) Sustainable Development Goals (SDGs) and to inspire more organisations to take more action and showcase their commitment towards sustainability.

Recognising the importance of community and civil society actors, academia, local councils, constituted bodies as well as the private sector in their role and activism towards sustainability, the Ministry is looking forward to showcasing your work and any initiatives undertaken in this regard.

 What kind of initiative/s?

Initiatives can be any activities held between the 18^th of September 2023 and the 8^th of October 2023 and must be linked with the UN 2030 Agenda with its 17 SDGs. Your initiative could be anything ranging from information sessions, community projects, awareness raising campaigns or digital initiatives.

How can you register?

Initiatives can be registered by filling in the Google form here. Furthermore, it would be appreciated if you could also send us an image/banner of the initiative.

How the initiatives will be showcased

The Ministry for the Environment, Energy and Enterprise will showcase the initiatives on its website, social media and press events.

Deadline for submissions

The deadline for submissions is Thursday, 7^th September 2023. If you have any questions, feel free to contact us on .

As the application process for the Malta Business Awards 2023 closed on Monday 31st July, a record number of 400 applications were received for the 2nd edition of these prestigious awards. This meant an increase of over 30% in applications over the first edition.

The Malta Business Awards are organised by the Malta Chamber of SMEs in collaboration with Malta Enterprise.

The application process which started on the 12th of June, kick-started  the process for the 2nd edition of the Malta Business Award. All the applications received will now go through the first part of the adjudication stage by 3 members of the adjudication board for each award. The shortlisted companies will be announced on the 11th of September and the finalists will be announced on the 30th of October following the second stage of adjudication.

The 4 award categories are, Distinct Initiatives,Green Ambassadors, Celebrating Business & Business Innovation.

Malta Chamber of SMEs officials and member representatives met the Malta Bankers Association to discuss banking services and issues which are currently impacting SMEs on a regular basis.

The SME Chamber highlighted and discussed several issues such as bank’s attitudes, charges, opening of bank accounts, bureaucracy and other issues impacting SMEs.

Malta Chamber of SMEs welcomed an Italian delegation of food and wine producers and importers. The aim is to build a relationship and assist our members in creating new business opportunities.

President Mr Paul Abela, expressed the Malta Chamber of SMEs pride in actively supporting its members to forge valuable business connections.

The companies which formed part of the delegation included, DERI Food, Mosca, Maruzzella, La Piadina del Contadina, 4RU Impex wine export company, Ca’tullio, Cantina di Carpi e Sorbara, Caffe’ Molinari, OPI Frutta, Vitavigor dal 1958, ReModena & Fondo Montebello

In today’s dynamic and highly competitive consumer landscape marketers need to adopt a broader perspective that goes beyond traditional metrics such as marketing spend and sales figures in their efforts to boost business. While these metrics provide valuable insights into short-term success, they often fail to capture the holistic picture of a brand’s performance and its long-term growth potential.

There is evidence that data-driven decisions pay off. Businesses who make decisions based on data analysis and insights are more profitable and successful in acquiring and retaining customers. Additionally, investing in data analytics and market research can uncover invaluable insights that enable marketers to make informed decisions and identify untapped opportunities.

Customer satisfaction surveys, brand research, campaign testing, just to mention a few types of market research, and engaging directly with customers and potential consumers provide a wealth of valuable information. However, market research tends to receive less attention compared to other marketing aspects like SEO and paid media. This is mainly due to the availability of new and efficient ways to gather insights rapidly and cost-effectively. Moreover, the lengthy timescale associated with traditional market research may discourage some, but it shouldn’t.

By reaching out to people and understanding market trends, consumer behaviour, and economic changes, businesses can obtain valuable insight to create improved products, enhance user experience, and develop effective marketing strategies that attract high-quality leads and increase conversion rates. Market research goes beyond surface-level information, offering insights into the reasons behind consumer actions rather than just what they do. While technologies like big data analytics focus on answering “what” questions, market research provides insights into the “why” behind consumer behaviour. Remarkably, market research surpasses assumptions and provides precise solutions for various business needs.

Additionally, market research offers valuable advantages such as reducing investment risks and identifying potential opportunities and threats. Allocating a relatively small portion of your investment towards researching and testing the market, product, concept, or idea is a wise business decision.

Furthermore, gaining insights into the competitive landscape, their target audience, and their marketing campaigns enables you to shape or refine your own strategies for success. For instance, analysing competitor audience demographics and the distribution of their audiences might reveal that they excel in attracting younger demographics, presenting a clear opportunity for you to focus more on reaching that audience segment.

Market research is a critical factor in driving the growth of companies. When research is integrated into a firm’s strategic plans, it enhances the company’s ability to navigate the ever-changing operating environment.

The Seed Investment Scheme (SIS) is designed to assist startups in raising equity finance. It aims to provide locally-based startups with access to funding by offering tax credits as incentives, thereby reducing risks for investors. The scheme specifically targets entrepreneurs and startups with innovative and high-risk digital ventures.

For more information about the scheme, please visit the following link

In order to improve and extend the Seed Investment Scheme (SIS), which is set to expire at the end of 2023, MIMCOL has initiated a targeted consultation process. This consultation seeks feedback and suggestions from stakeholders regarding potential enhancements to the scheme. The consultation will be open until July 31st, 2023.

If you have any comments or feedback, please send them to the email address before the deadline of July 31st, 2023.

The Minimum Energy Performance Requirements for new and renovated buildings are being revised in compliance with the Energy Performance of Buildings Directive (10/31EU and 844/18EU). These proposed requirements have undergone thorough studies as mandated by EU directives. The proposed requirements are divided into three parts.

Part 1 and Part 2 pertain to dwellings and non-dwellings respectively. They establish the overall energy performance standards for new buildings and those undergoing significant renovations. Part 3 encompasses requirements for Technical Systems within Buildings, which include energy efficiency standards for cooling, heating, domestic hot water, lighting systems, and more.

For access to the documents regarding Part 1, Part 2, and Part 3, please visit the following link.

Send the feedback related to the updated Minimum energy performance requirements for new and renovated requirements in buildings by email to . Submissions must be sent to the Authority by not later than the 26th July 2023.