Agreement reached on need for further cooperation towards research benefitting small enterprises

Minister for Research, Innovation and the Co-ordination of Post COVID-19 Strategy, Owen Bonnici, and the Malta Chamber of SMEs, agreed on the need to further co-operation between the two entities in favour of research which can be of benefit to small and medium sized enterprises.

In a meeting held between Minister Bonnici and Malta Chamber of SMEs representatives, they agreed that research can be a game-changer for start-ups and small enterprises in order to apply new systems or solutions which can make a difference in their operations.

Minister Bonnici explained that the Government is intent to work hand in hand with the SME Chamber in order to identify more research and innovation solutions which are applicable to small and medium sized companies, so that they can grow and expand.

SME Chamber President Paul Abela spoke of how encouraging it is to have a focused Minister for research and innovation, an area Malta has struggled with for a very long time.

“We believe that SMEs have a lot to contribute in this area, and, with focused efforts, we can together bridge the existing gaps to tap into this essential resource and reach Malta’s targets. This would be an absolute record achievement for Malta.”

A discussion also took place about the co-ordination of the post COVID-19 strategy, and a number of priorities for the furtherance of economic and social progress were discussed.