Turning today’s students into tomorrow’s entrepreneurs
The Takeoff Seed Fund Award (TOSFA) competition recently distributed €100,000 worth of government funds – 40 per cent for proof of concept applications and 60 per cent for seed fund applications. Among the recipients, Simone Cutajar, a student on the Master’s in Knowledge Based Entrepreneurship (MEnt), was awarded €22,000 for her business proposal which is based upon the work of David Mifsud and Mark Scerri. After extensive research and development, Mifsud developed production processes for cheese-making using a range of microbial ‘cocktails’ designed to create a variety of cheeses from goat and sheep milk. “The TOSFA is instrumental for us to take ‘Fromagg’ to the next level and start commercialising the intellectual property and know-how that we have accumulated over the last few years,” said Cutajar. She explained how the MEnt programme at the University of Malta’s Centre for Entrepreneurship & Business Incubation (CEBI) helped her to secure the funding in a very competitive environment. The course is designed to impart knowledge to science, technology, engineering, arts and maths (STEAM) graduates, to guide them into becoming successful entrepreneurs and to help launch...