The Startup Ecosystem of Malta

Malta has 1 city in the top 1000 and is ranked 20th in Western Europe.


Malta’s startup scene saw an increase in 2023 and jumped 3 spots from the previous year, outranking Armenia.



Regional Ranking

In Western Europe

Global Ranking



Startup Ecosystem Overview

brown concrete dome building near body of water
Situated in the middle of the Mediterranean sea, the Island of Malta is one of the smallest countries in the world, as well as one of the most densely populated. This cultural melting pot of a country has a talented workforce and bilingual population. For Malta to build a substantial startup ecosystem, it must encourage its local population to build more startups and continue implementing policies that attract foreign investors and entrepreneurs.

Because Malta is also a popular tourist destination, the Covid-19 pandemic had a significant impact on the Maltese economy. In spite of this setback, many innovative startups are still thriving, bringing more jobs to the island. One of the reasons why the Maltese startup ecosystem is experiencing good momentum is due to government regulations aimed at attracting startups from specific sectors. The island also offers a Nomad Residence Permit, opening up its doors to digital nomads around the world. Malta is offering innovative tax policies that support the ecosystem growth and allow it to brand itself as a relocation destination for successful entrepreneurs.

Building on a strong iGaming sector and firm foundations that include tourism, manufacturing, and financial services, Malta’s economy is diversifying into Artificial Intelligence (AI), Big Data, the Internet of Things (IoT), and Distributed Ledger Technology (DLT), sectors in which Malta could position itself as a leader among its peers. The aviation industry is taking off as well, with the Unmanned Aerial Vehicle (UAV) industry shaping into an exciting new sector. Malta is also targeting the budding Medical Cannabis sector with its favorable sunny climate. The country supports Fintech projects with the FinTech Regulatory Sandbox, which allows companies to test their products under certain conditions. is one of the active ecosystem support organizations in the country with a goal of positioning Malta as a tech-savvy country. It also helps tech companies in Malta to export their innovations beyond the borders of the country. Some other investment and support programs include Startup Malta, the Malta Individual Investor Program (IIP), TAKEOFF, Malta Enterprise, Silicon Valletta, and the governmental initiative Start in Malta.

If Malta leverages its ability to make quick and creative steps toward building its startup ecosystem, and continues thinking outside the box, it will maintain its trajectory of growth.


Malta Top Startup Industries

Social & Leisure icon
Social & Leisure
#33 worldwide

26 startups

Software & Data icon
Software & Data
#51 worldwide

13 startups

Fintech icon
#53 worldwide

11 startups

Ecosystem HealthCheck

Malta Ecosystem Health Check

The health check tables allow you to look at the performance Malta has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...

  • Overperformance
  • Performance equal to global ranking
  • Underperformance
ParameterParameter Global rankParameter rank change since 2022ResultContribution to total scoreRank gain / loss due to parameter
Total Score5632.761100%0
Quantity Score4391.12240.63%6
Sample size of startups6526739.65%12
Sample size of accelerators69-74-1650%0
Sample size of coworking spaces71-724280%4
Community Score49-55N/A0.0270.98%0


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The Startup Ecosystem in Malta

In 2023, Malta register a rise in Social & Leisure startups. Some of the most notable success stories in this industry are those of , Chiliz.

Global Rank

Malta is ranked within the top 100 startup ecosystems globally.

Top Industries

Malta’s startup scene is best represented in Social & Leisure, Software & Data, and in and Fintech.

Top Cities for Startups in Malta - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
2023 National Rank & Change ▲
2023 National Rank & Change City
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Global Rank & ChangeTotal Score
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Quantity Score
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Notable Startups in Malta
Chiliz startup icon
Truevo startup icon
VAIOT LIMITED startup icon


Successful Social & Leisure startups in Malta
Chiliz startup icon
Fracture Labs startup icon
Fracture Labs
Singular startup icon

Featured Startup Ecosystems

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