MALTA ENTERPRISE Internationalisation Unit Mark A. Pizzuto Manager – Franchising & Export Support Malta -The Manufacturing Sector - Gross Value Added 20% Electronics production Automotive components Pharmaceuticals and medicinals Chemicals Rubber and Plastic products Tool-making Processed Food Malta - a shift towards services – Gross Value Added 80% Tourism Medical Tourism English Language Schools Transhipment/Logistics Maritime Aviation engineering ICT-software & ancillary services, web and database hosting, new technologies IT Consultancy E-gaming Financial & Intermediary Services Back Office Operations Real Estate Malta - Economic Vision 2015 A centre of Excellence in: ICT Financial Services Tourism Services Health Services International Education Services High Value-Added Industry & Services Regional Dimension (Eco-Gozo) Assistance to Enterprise Government intervention is allowed only in two specific circumstances: To promote regional growth To counter for market failure Provision of aid is regulated by European State Aid regulations ME Response – Schemes & Incentives Investment Aid Tax Credits to support enterprise in investment projects and promoting expansion or diversification of existing enterprises as well as possible job creation. SME development The main aim of the incentive is to support enterprises to develop & diversify their activities, penetrate new markets, increase competitiveness, develop new products & services, and consolidate their existing market share. Enterprise Support Assist companies through sub-schemes such as Business Advisory , Energy Grants, Creative Talent, Trade Promotion, Network Support, International Competitiveness, Business Development, Micro Invest Access to Finance Provides assistance to enterprises in obtaining Soft Loans, Loan Guarantees and Interest Rate subsidies. Employment and Training Get Qualified is an initiative that supports the personal development of individuals for the achievement of qualifications and certifications required by industry. Research and Development Assist companies through sub-schemes such as provision of Grants, supporting Clusters, Industrial research, EUREKA, Experimental Development, Qualified Expertise, Registration of Intellectual Property, Technical feasibility Studies, Royalty income from Patents Internationalisation Initiatives • Outgoing Business delegations (ME organised, Ministerial, Presidential) • Selected trade fair/exhibition participation • Incoming business delegations • Technology transfer/Brokerage events • B2B/FP7 matchmaking services Support Measures • Information meetings held for the Maltese participating companies before the event • Market reports and contact lists • Country information seminars • On-site logistical and advisory services • Support from the main business institutions including the MFA, Malta Chamber, GRTU, MTA, Gozo Business Chamber, Finance Malta Other support services provided: • Company to company match-making • Overseas group promotion in selected media and through promotional material • Preliminary export advice on potential markets and overseas trade events • Contacts with specific business entities, Chambers of Commerce and EEN agencies in selected countries Assistance for Internationalisation • SME scheme – one time participation at an international fair + technical expert/consultancy services (50% refund) • Trade promotion scheme – two or more companies participating at international trade events or trade fairs (60% refund) Preparation of Annual Programme • Consultation with the OPM and MFA • Consultation & Networking with local industry associations and business bodies such as the Malta Chamber, etc • Consultation & networking with ME overseas offices, Embassies and other TPOs • Desk research on priority sectors and markets as well as internal feedback from other Units such as EMRU and EEN • Feedback from ME’s business clients themselves Follow-up and Evaluation • Meeting with clients • Standard questionnaire at the end of the event • Standard follow-up questionnaire some six months after the event Scope of Internationalisation Events • Market and field research • Supporting existing partners • Appointing an agent, wholesaler etc • Obtaining new sales leads • Launching new products/services • Other forms of business cooperation (franchising, licensing, strategic alliances, etc.) • Most agreements are realised in the medium to long term and hence are rarely immediate • Commitment, repeated visits and investment are the key factors for success in exports gateway to export Audit Step 1 Export Ready Programme Step 2 Internationalisation Step 3 export plan The Enterprise Europe Network • The largest European network offering high quality services, mainly to the benefit of SMEs. Present in EU27, European Economic Area [Norway, Iceland], Candidate Countries [Turkey], Switzerland, other third countries [Israel, Armenia] • Over 500 organisations Europe-wide (a mix of regional chambers of commerce and industry, technology and innovation agencies, and sector associations) Technology Transfer Services • EEN Brokerage Events • Technology audits to identify strengths and weaknesses in innovation • Post and promote “technology profiles” on the EEN database • Support sector specific innovation /regional clusters/ industrial and professional associations • Support researchers to exploit and disseminate their results to companies Trade Fairs • • • • • • Events 2010 Tripoli Int. Fair, Libya Libya Build EIRE Real Estate Fair, Italy Call Centre Expo, UK SIAL Food Fair, France MEBA Aviation Fair, Dubai Around 35 participants Brokerage Events • • • • • Cebit, Germany Hannover Messe, Germany BioMedica, Germany IFAT ENTSORGA, Germany Medica, Germany Around 16 participants Business Delegations • • • • • • • • • Sweden Austria South Africa Gulf States China Tunisia Romania Sicily UK & Ireland Around 178 Participants 2011 Events Trade Fairs • • • • • • • • International Gaming, UK Call Centre World, Germany Tripoli Int Fair, Libya (postponed) Libya Build (postponed) EBACE, Switzerland Expo Italia Real Estate, Italy ANUGA Food Fair, Germany Biotechnica, Germany Brokerage Events • • • • Enertec, Germany Cebit, Germany Hannover Messe, Germany Intersolar, Germany Business Delegations • • • • • • • • Spain Libya/Algeria (postponed) Israel/Palestine (postponed) Belgium/Netherlands China Germany Australia/New Zealand India DEVELOPMENT OF AN SME FRANCHISE INDUSTRY IN MALTA with the support of the Commonwealth Secretariat, UK Collaborating partner Internationalisation Unit THANK YOU FOR YOUR ATTENTION 30th May 2011 • E-mail: info@maltaenterprise.com • Website: www.maltaenterprise.com