26 Nov 2025
EIT and Malta sign Memorandum of Understanding to strengthen innovation cooperation
At the EIT Innovation Awards ceremony in Budapest on 25 November 2025, the European Institute of Innovation and Technology (EIT) and the government of Malta signed a new Memorandum of Understanding (MoU). The agreement paves the way for launching the EIT Regional Innovation Booster pilot in Malta from 2026, further strengthening cooperation and supporting the country’s innovation ecosystem.
The EIT Regional Innovation Booster (EIT RIB) is a new flagship initiative that provides targeted support to startups and scaleups in modest and moderate innovator countries. Its aim is to help promising ventures grow towards commercial success, access international markets, and attract further investment.
With Malta now joining the initiative — following Poland’s entry in May 2025 — the three-stage EIT RIB pilot in Malta will link up with existing national support schemes, provide dedicated funding and mentoring, and offer Maltese innovators a clear pathway from early idea development to internationalisation. The EIT plans to allocate at least €30 million to the whole EIT RIB pilot phase until 2028.
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