Youths 4 Entrepreneurship held on Friday 15th November 2019

The Gozo Business Chamber, in collaboration with the Ministry for the Economy, Investment and Small Businesses, Bank of Valletta, and the Europe Direct Information Centre – Gozo, held the first edition of the ‘Youths 4 Entrepreneurship – Gozo’ on the 15th November 2019. This event formed part of the events being organised for the SME Week, and consisted of a contest for potential young entrepreneurs who wish3e to share business ideas related to Gozo.  The overall goal of this initiative was to direct attention to the economic potential and challenges facing the island of Gozo, whilst encouraging young people to take an innovative approach to develop their business ideas based on Gozo’s needs and potential.

  • Ideas to be presented had to match the following three criteria:
    • Applicability to the Gozitan context
    • Innovative Approach
    • Ability to solve a potential problem or to cater for a specific need

A group of youths from Sannat (Gozo) who also do valuable work within their community were the winners of this year’s award.  They presented an idea related to business activities around Mġarr ix-Xini Valley through a number of sustainable activities which would generate an inflow of income that would help to sustain this activity and ensure further investment on this same activity through the income generated.

The idea was presented in front of a panel of business experts composed of Ms Marita Portelli (Senior Manager – MEIB), Mr Michael Grech (Michael Grech Financial Investment Services), and Mr Alfred Buhagiar (SME Executive – Bank of Valletta)