The Malta Chamber members, together with other local businesses, had an exclusive opportunity to discuss concerns and ideas with EU Commissioner for Innovation, Research, Culture, Education and Youth, Mariya Gabriel.
In her introductory remarks, Gabriel emphasised the potential that businesses have within the European Union, especially within the field of innovation and research. During the event, issues were raised including innovation, research, skills, funding and business opportunities.
Gabriel remarked that the role of innovation has changed recently, shifting from from technology to linking it’s solutions to operational sectors.
She also noted that the Commission is embarking on a process to combine EU funding programs to make them more accessible, a task which is challenging to execute.
Apart from this, she also noted that challenges are still being faced, primarily in increasing female entrepreneurship.
Following a Q&A session in which Chamber members were given the opportunity to raise their issues, the EU Commissioner pointed out most sensitive enablers which are crucial for innovation and research are Education and Finance.
Hence, the Commission intends to pursue joint Accademia – Business Road Maps amongst other initiatives. Gabriel showed concern in areas related to education as most youths are still not well equipped, especially in areas related to AI and STEM.
The initiative was led by Stefano Mallia, President of the Employers’ Group of the EESC, supported by four Employer organisations in Malta.