TAKEOFF Seed Fund Awards 2024

The TAKEOFF Seed Fund Award is a joint initiative between the Ministry for the Economy, Enterprise and Strategic Projects (MEEP) and the University of Malta, supported by the Knowledge Transfer Office, Center for Entrepreneurship and Business Incubation and the TAKEOFF Business Incubator.
As last year, the TAKEOFF Seed Fund Award 2024 cycle will feature the Malta Digital Innovation Authority (MDIA), for the support of research projects in the area of Artificial Intelligence.
A total of €150,000 has been earmarked for distribution between start-ups and academics to enable the next phase towards the commercialisation of their business or research idea. Grants between €2,500 and €25,000 will be awarded to the selected projects.

The will fund two types of initiatives: University of Malta academic staff may apply for ‘Proof of Concept’ funds which will enable a step-change in taking an innovation developed through research at the University closer to being commercialised; entrepreneurs may apply for ‘Seed’ funds which will enable a step-change in taking their independent technology or knowledge-based start-up closer to the first customer or investment.

All applicants must attend the relevant online workshop being organised as part of the TAKEOFF Seed Fund Award application process. The workshops will provide an overview of the application process as well as tools for creating a competitive proposal. The final application form will only be accepted if applicants or their representatives register and attend the required TAKEOFF or Knowledge Transfer Office workshop. This will only be waived in extenuating circumstances. Should applicants be unable to attend alternative meetings must be held directly with the Knowledge Transfer Office for POC or TAKEOFF for SF. Both events will be held online and links will be shared with those who register for the respective workshops beforehand. To register for the event, please click here

Timeline & Deadlines

  • Call for applications
  • Tuesday 30th April 2024
  • Mandatory Proof of Concept workshop
  • Monday 13th May at 10:00
  • Mandatory Seed Fund workshop
  • Monday 13th May at 14:00
  • Application deadline
  • Thursday 30th May 2024 at 12:00 noon
  • Announcement of shortlisted applicants
  • Week commencing 10th June 2024
  • Coaching of shortlisted applicants
  • From Tuesday 11th June 2024 till Friday 21st June 2024
  • Live pitches
  • Tuesday 2nd July / Wednesday 3rd July
  • Signing of Grant Agreements & disbursement of funds
  • July 2024
  • Mandatory MEEP Information Session on Financial Management
  • Mid-July 2024
  • Progress reports
  • Friday 10th January 2025
    Monday 5th May 2025
  • Deadline for disbursement of funds
  • Monday 8th September 2025
  • Final Expenditure Report
  • Monday 15th September 2025

Material downloads

  • Guidelines
  • Application Form
  • Cashflow Forecast
  • Enterprise Readiness Level Guide
  • TRL Guide
  • Judging Scorecard - Written Application
  • Judging Scorecard - Pitch
  • PoC Beneficiary Agreement
  • SF Grant Agreement
  • Payment Plan
  • State Aid Declaration Form
  • Progress Report Template
  • Purchases Ledger

Contact Details

Seed Funds

  • TAKEOFF Manager - Joseph Bartolo
  • joseph.a.bartolo@um.edu.mt

Proof of Concept Funds

  • Knowledge Transfer Office
  • knowledgetransfer@um.edu.mt

Management Committee

  • tosfa@um.edu.mt

Knowledge Transfer Office
Dar Ġużeppi Żahra
University of Malta
Msida MSD 2080


Events Location

TAKEOFF Business Incubator
Dar Ġużeppi Żahra
University of Malta
Msida MSD 2080
(Point 28 on the campus map)