The achievements of Maltese and Malta-based businesses in internationalising their products and services worldwide were celebrated at the second edition of the Malta International Business Awards organised by Trade Malta.
A night where the stories of companies that started from Malta but travelled far in their zest for growth beyond local shores were recognised. Twelve companies that have distinguished themselves in their international endeavours were classified as finalists for the most inspiring stories. The overall company winner in internationalisation was AquaBiotech Group.
Minister for Foreign Affairs and Trade Promotion Carmelo Abela addressed the night and commended the ambition and courage of Maltese and Malta-based entrepreneurs. He also announced that the ministry is currently working on the first Malta Strategy on Africa, and that in the first half of 2020, a trade mission to Ghana will be led by the ministry. A trade mission to Rwanda will also take place, coinciding with the Commonwealth Heads of Government Meeting, which is taking place in Rwanda in June. Abela stated that the ministry responsible for trade promotion will be receiving a trade delegation from Ethiopia as part of a concerted effort to engage with Sub-Saharan Africa.
Minister Abela also spoke on the ongoing work by the Ministry for Foreign Affairs and Trade Promotion to strengthen the representation of Malta in the American, African, and Asiatic continents.
Several awards for internationalisation excellence were awarded. These were as follows:
- Award Small Business Category: Pet Nutrition House
- Award Medium-Sized Business Category: AquaBioTech Group
- Award Emerging Markets Category: Mediterranean Ceramics
- Award Innovation Category: Thought 3D
- Award High Potential Category: Stargate Studios Malta
- Award On line Exporter Category: FreeHour
The event was addressed by international guest speaker Dr Fons Trompenaars who is recognised around world for his work as consultant, trainer, motivational speaker and author of various books on all subjects of culture and business. Throughout the day, Dr Trompenaars held a training seminar with Malta businesses organised by Trade Malta and the Malta Chamber of Commerce.