‘Youth Start-up Village’ held in Victoria as part of SME Week activities
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Young Business Entrepreneurs together with MEIB organised a ‘Youth Start-up Village’ on Saturday morning in Victoria, there was a good response from the young people that attended, as well as the general public who were also invited to join in.
The aim was to offer a platform whereby local youth had the opportunity to learn, discuss and understand the opportunities and initiatives there are on offer to follow an entrepreneurial path.The Minister for Gozo Dr Anton Refalo, visited this morning’s event where he met with the exhibitors and stakeholders, and urged those present to make use of the information provided in that micro industries and small and medium enterprises are encouraged to invest and be more creative and competitive.
The Minister said that a Government programme contributes in this regard with a scheme launched on the the 1st of January 2014, which covers until the 31st of December 2020. Through it, small businesses are able to benefit from a tax credit of up to 40% of the eligible cost. Businesses in Gozo get a tax credit of 60%. The maximum is 25,000 euros per enterprise.
This morning’s event was held as part of the European Commission SME Week, held for the 6th year. It encourages Member States to organise activities that focus on Entrepreneurship and at the same time generate public awareness, especially among those people who wish to start a business or are already in business and wish to grow and expand their business activities.
Various stakeholders who are involved in supporting young entrepreneurs were present for this morning’s event, and three discussion panels took place on how to start-up, and the opportunities offered.
Photograph: Top by Alain Salvary and below MGOZ/George scerri