Small business with big impact

Malta’s SME community accounts to more than four-fifths of the islands’ value added coming from the non-financial business sector, the highest rate in the EU. This is perhaps not entirely surprising given that 99 percent of businesses here are SMEs.

However, when 97 out of every 100 companies are micro enterprises employing 10 people or less, the power of individual resourcefulness, ingenuity and expedience comes into full view. Our workforce is, almost at once, our entrepreneurial base and the economy needs all the business acumen it can gather to steer itself forward.

Visionaries and risk-takers in the business community are, many times, the unacknowledged architects of the country’s future. They drive the system forward even when the wheels of time feel stuck, they re-imagine success when everything else seems to be failing.