Wednesday, November 20, 2024
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HomeGeneraleThe Creative Business Cup is back

The Creative Business Cup is back

The Creative Business Cup returns after last year’s success and is once again calling on Malta’s most promising creative entrepreneurs to join this global community of creative industries.

The Creative Business Cup, is regarded as the Olympics of creative start-ups and was launched in Malta by Culture Venture in 2021. Malta’s winner for 2021 was YouRun Ltd with the video game Warshmallows. The Creative Business Cup is a global competition organised by the Creative Business Network bringing together 80 national winners and is a unique event for innovators who aim to change the world and impact the global economy through their own unique creative enterprise.

The Global competition will provide Malta’s creative startups with an international platform and unprecedented access to networks, experts and investors in the field. Globally, the creative economy generates $2.2 trillion in revenues and creates 30 million jobs. In Malta the creative industries account for 7.9% of total GVA, exceeding the direct contribution of the construction and civil engineering sector and the accommodation and food services sector.

Startups utilising creative skills in the production of a creative industry product or service or creative startups collaborating with other industries are eligible to apply. These include businesses in advertising, architecture, craft & artisanship, design, experience technologies, fashion, film, video & photography, gastronomy, leisure activities, music, performing arts, play & learn, publishing, radio & television, software and 3D printing makers.

All participants who make it to the Malta final stand to receive: 10 hours access to business spaces at the Creative Incubator; professional mentoring by Culture Venture and follow-ups by Arts Council Malta and Malta Enterprise; and access to the Creative Business Network. A jury will also determine which of the 3 finalists will be entitled to receive a €1,500 award for creative business development from Arts Council Malta.

The winner from Malta, who will be announced during the National Finals, and will go on to represent Malta at the Creative Business Cup Global Finals in Copenhagen between June 27th and 28th and access BRIGHT: a two-day global event of innovation, creation, and knowledge from all over the world and lastly hold the title of Best Maltese Creative Start-up of 2022. This will be the first time Malta’s winner will join other creative startups for the finals in Copenhagen in person since the pandemic.

Online applications was open until May 4th, and all finalists will be announced by May 11th with the National Finals taking place on May 20th.

DISCLAIMER

This article provides general information only and does not replace professional advice in any way. It is recommended to consult a qualified professional before making any important decisions regarding financial, legal or other matters. The author and the publication are not responsible for any errors or damages caused by the use of the information contained in this article.

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