Researchers and entrepreneurs will be able to benefit from a maximum of €25,000 to start and grow their ideas through this year’s TAKEOFF Seed Fund Award (TOSFA) which was launched today, the 6th May 2020. A total of €100,000 will be allocated through this competitive call which closes at noon on Monday 25 May 2020.
The seed fund is a joint initiative between the Ministry for The Economy, Investment and Small Businesses (MEIB) and the University of Malta supported by the University’s Knowledge Transfer Office (KTO), TAKEOFF Business Incubator and the Centre for Entrepreneurship and Business Incubation (CEBI).
Entrepreneurs and start-ups may apply for Seed Funds to assist them in taking a step closer to their first customer or investment. Researchers working on innovations developed through University R&D shall be eligible for Proof of Concept funds to assist in taking their technology closer to commercialisation.
Workshops to explain the application process and provide the skills and tools necessary to create a competitive proposal will be held on Monday 11 May at 14:00. These workshops are mandatory for all interested applicants. The final application form will only be accepted if applicants or members of their team register and attend the respective TOSFA workshop. Should applicants be unable to attend alternative meetings must be held directly with the Knowledge Transfer Office for Proof of Concept or TAKEOFF for Seed Funds. To register for the workshop, click here