Times of Malta 23/02/2014: Following a few years of concerted efforts by various Maltese
stakeholders, digital games development is coming ahead as the emerging
sector at the confluence of the ICT and creative industries in Malta.
Skills are being provided and continuously developed both at the
University of Malta, Mcast and at a number of private educational
institutions; the recently set up Institute of Digital Games at the
University is pursuing much needed research, while a national Digital
Games Fund and various fiscal incentives are covering some of the
financial needs of the sector.
Indeed, we now see a number of companies, both local and foreign,
being established in Malta, but they still need to make a bigger splash
on the international market. Access to finance is seen as a limiting
factor as neither access to venture capital nor to bank loans is easy
for these companies.
While it might be opportune for Malta to take some bold steps and
innovate in the area of collateral legislation to facilitate credit
financing for creative projects, this will take some time. Until then,
digital games companies can make the best out of...read on.