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€150,000 Research Fellowship Scheme launched
14 March 2024
MCAST and the Ministry for Education, Sport, Youth, Research and Innovation (MEYR) in partnership with Malta Chamber of SMEs launched the Research Fellowship Scheme.
The aim of the scheme is to provide financial support for Research Fellowships fostering joint Research & Innovation Projects between economic stakeholders and MCAST
By encouraging the exchange of expertise and resources, the programme seeks to contribute to the long-term growth and competitiveness of Malta’s educational and financial sectors.
The scheme shall be providing a maximum €150,000 financial aid for research projects and each researcher will benefit from up to a maximum of 30,000 Euros.
Parliamentary Secretary for Youth, Research and Innovation Keith Azzopardi Tanti explained how, “This scheme created through consultation with the Malta Chamber of SMEs not only proves our dedication to academic excellence but also highlights the innovative collaboration between academia and the industry. We are providing financial aid for Research Fellowships to create a dynamic ecosystem where knowledge and resources guide the growth of our educational and financial sectors aimed at fostering economic growth. Together, we can embark on a transformative journey where schemes like this one guide collaboration, and advancements which will help Malta move forward toward excellence in research and innovation.”
At MCAST, research and innovation significantly advance knowledge and address real-world challenges. The College is actively involved in various research areas and initiatives, showcasing a commitment to academic excellence and practical solutions.
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Speaking during the event launch MCAST Principal and CEO Professor Joachim James Calleja said, “At MCAST collaboration with the industry has a central role, as it helps advance innovation, solves practical problems and unearths knowledge in diverse areas. Fostering a culture of excellence in research together with the industry helps the College contributing toward quality education and the betterment of society. This new fund will help us move forward. MCAST is not only an educational institution but also a centre of creativity, and progress”.
The Applied Research & Innovation Centre (ARIC) oversees research projects, planning, monitoring and evaluation. The Centre’s annual Research Expo has become a prestigious yearly event highlighting and showcasing applied research that generates new knowledge, solves real-world problems, facilitates learning processes, and fosters collaboration for disseminating findings and solutions.
