The Gozo Business Chamber has collaborated with the Gozo Innovation Hub in welcoming around 50 French university students specialising in business management, with a particular focus on SMEs.

The Gozo Business Chamber stated that ”by connecting education, entrepreneurship and innovation, we can build a stronger and more competitive future for Gozo.”

During the visit, Mr Daniel Borg, Chief Executive Officer of the Gozo Business Chamber, delivered a presentation entitled “Business in Gozo: Current Realities and Future Potential,” providing insights into Gozo’s economic landscape, the challenges faced by businesses operating within a small island economy, and the opportunities for investment, innovation and economic diversification.

The presentation highlighted the potential of emerging sectors, including digital technologies, aviation and drone logistics, healthcare and education. Particular reference was made to successful Gozo-based businesses that demonstrate how innovation and digitalisation can overcome geographical limitations and enable companies to compete internationally.

The Chamber highlighted the central message of the strategic importance of the Gozo Innovation Hub in shaping the island’s economic future. ”The Hub represents an important investment in the infrastructure needed to attract knowledge-based businesses, encourage entrepreneurship and support the development of a more diversified and resilient economy.”

It noted however, that ”realising its full potential requires more than physical infrastructure. It requires a strong and coordinated start-up ecosystem, bringing together businesses, educational institutions, investors and public entities, while providing aspiring entrepreneurs with the mentoring, support and opportunities needed to transform innovative ideas into sustainable enterprises.”

The Gozo Business Chamber said that this is particularly important in creating ”quality employment opportunities for young people, encouraging them to develop their careers and businesses in Gozo, and strengthening the island’s long-term economic prospects.”

The Chamber thanked the Gozo Innovation Hub for hosting this initiative, NSTS Malta for coordinating the students’ visit, and the participating students for their interest in Gozo’s economic development.

Photo: Gozo Business Chamber

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