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ERDF 331: The Development of a Digital Hub

Project Cost: €4,998,704
Beneficiary: Malta Enterprise
Line Ministry: Ministry for the Economy, Investment and Small Business
Start Date: 2013
End Date: 2015

Non Technical Short Summary Of Project

The development of a hub in order to be conducive towards the establishment of synergic and joint actions for enterprises in the creative sectors, as well as creating the environment and structure for the training and mentoring of new enterprises. Also, a study aimed to determine the technical, financial and economic feasibility of creating a similar hub in Gozo.

Operational Programme: OPI Investing in Competitiveness for a Better Quality of Life ERDF
Fund: European Regional Development Fund
Operational Objective: To promote and strengthen high value-added economic activity, including attraction of Foreign Direct Investment through investments in enterprise support infrastructure, including industrial facilities;
Priority Axis: PA1 Enhancing Knowledge and Innovation
Focus Area Of Intervention: OPIPA1 Enterprise Infrastructure

Project Objectives

• 6 new enterprises or extensions will be operating from the DH by 2015; reaching the maximum of twelve (12) new enterprises or extensions operating from the DH by 2017 (local and foreign);• Generate sixty (60) FTEs by 2015, and one hundred and twenty (120) FTEs by 2017;• Minimum of three (3) enterprises involved in networking and new collaboration with other businesses and/or academia by 2015, and increasing to six (6) by 2017; • Two (2) start-up businesses supported;• Two (2) SMEs launching new or improved products or processes; and• One (1) Technical Feasibility Study Report determining the economic potential as well as the technical, financial and economic feasibility of the laying and operation of a data cable between Malta and Gozo with a view to assess the possibility of replicating the proposed Malta hub in Gozo.

Project Results

The DH is expected to create a linkage between education and industry, which shall contribute towards creating activities which will allow spin-offs of start-ups and the creation of a cluster and networking between SMEs, other businesses, universities, and students. The project also caters for creating on the job training through the hot desks that will be made available on site. Furthermore, the project also targets to assess the possibility of replicating the proposed Malta hub in Gozo.The premises will include a number of hot desks that will be available for students. The development of the DH will entail that over 100 m2 will be dedicated to interaction amongst the students and established companies. This will facilitate mentoring between the companies operating from the DH and the students who are undertaking an academic qualification related to the Digital Games. Recently the University of Malta started to offer a course specifically related to the area of Digital Games. Furthermore, given that the DH is within walking the Distance from the University of Malta and other private academic institutions will facilitate further the above mentioned interactions.