Are You A Promising Creative Entrepreneur? The Olympics Of Creative Start-Ups Is Back

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creative business cup

The Creative Business Cup returns after last year’s success and is once again calling on Malta’s most promising creative entrepreneurs to join this global community of creative industries.

The Creative Business Cup is regarded as the Olympics of creative start-ups and was launched in Malta by Culture Venture in 2021. Malta’s winner for 2021 was YouRun Ltd with the video game Warshmallows. The Creative Business Cup is a global competition organised by the Creative Business Network bringing together 80 national winners and is a unique event for innovators who aim to change the world and impact the global economy through their own unique creative enterprise.

Creative economy creates 30 million jobs globally

The Global competition will provide Malta’s creative startups with an international platform and unprecedented access to networks, experts and investors in the field. Globally, the creative economy generates $2.2 trillion in revenues and creates 30 million jobs. In Malta the creative industries account for 7.9% of total GVA, exceeding the direct contribution of the construction and civil engineering sector and the accommodation and food services
sector.

Startups utilising creative skills in the production of a creative industry product or service or creative startups collaborating with other industries are eligible to apply. These include businesses in advertising, architecture, craft & artisanship, design, experience technologies, fashion, film, video & photography, gastronomy, leisure activities, music, performing arts, play & learn, publishing, radio & television, software and 3D printing makers.

All participants who make it to the Malta final stand to receive 10 hours access to business spaces at the Creative Incubator, professional mentoring by Culture Venture and follow-ups by Arts Council Malta and Malta Enterprise, as well as access to the Creative Business Network. A jury will also determine which of the three finalists will be entitled to receive a €1,500 award for creative business development from Arts Council Malta.

Innovation, creation and knowledge sharing

The winner from Malta, who will be announced during the National Finals at the Malta Chamber, and will go on to represent Malta at the Creative Business Cup Global Finals in Copenhagen between 27th and 28th June 27th and access BRIGHT: a two-day global event of innovation, creation, and knowledge from all over the world and lastly hold the title of Best Maltese Creative Start-up of 2022. This will be the first time Malta’s winner will join other creative startups for the finals in Copenhagen in person since the pandemic.

Online applications are open until 4th May, and all finalists will be announced by 11th May with the National Finals taking place on 20th May at the Malta Chamber. Do you have what it takes to represent Malta in the global finals? Download your applications today or visit www.cultureventure.org for more information.

Culture Venture is the national partner of the Creative Business Cup. The lead partners of the national competition are Malta Enterprise and Arts Council Malta. The event is supported by The Malta Chamber and the Creative Incubator.

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