MDB issues new scheme with revised collateral requirement after the Malta Chamber of SMEs highlights difficulties
23 September 2020
Following problems flagged by members on accessing the MDB loan scheme, the Malta Chamber of...
CEDEFOP (The EU Agency for Vocational Education and Training) has conducted a Country Review on Apprenticeships. Apprenticeships in Malta are currently undergoing a reform to re-establish confidence and assure quality. GRTU believes that apprenticeships are a key valuable tool towards
providing a workforce which is skilled and trained with experience ready to engage the needs of industry.
The Minister for Education and Employment Hon Minister Evarist Bartolo outlined the need for extending the opportunities for apprenticeships to provide youths with more chance to develop industry-driven skills. Minister Bartolo expressed his concern that there were still youths out of employment or training and that have given up on education. He encouraged all those concerned to find further means of cooperation to offer more opportunities.
The key issues identified for necessary improvement:
CEDEFOP Director Professor James Calleja highlighted the importance of apprenticeships to give value to education in terms of the labour market. He outlined that solid governance structures for apprenticeship schemes need to be set in place to address these problems.
GRTU believes that a positive step has been taken through the efforts by MCAST over the past year, however apprenticeships need to be widened both horizontally (across other institutions and particularly to allow private institutions to access such schemes) as well across education sectors including other levels of the MQF and higher education perhaps through other forms of work-based learning such as internships.
GRTU is also insisting the development of a fair system that is student-centred yet which provides all the support to the host in order to recognise the time and investment that is being dedicated by businesses. Such systems also need to be redesigned to attract and be accessible to micro-businesses to give such opportunities. If one continues to rely only on the larger employers, it is going to be difficult to widen the opportunities as is desired.
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).