Malta needs young innovative entrepreneurs, says AD

Micro initiatives can contribute substantially to the Maltese economy, Alternattiva Demokratika said today.

AD chairperson Arnold Cassola, deputy chairperson Carmel Cacopardo and Secretary General Ralph Cassar this morning visited a graphic design company, 2point3, in Valletta.

Both Cassola and Cacopardo are contesting the European Parliament elections on the green ticket.

2point3 is a graphic design company, co-founded by two young MCAST Art & Design graduates Nigel Anastasi and Luke Caruana. The studio offers 2-D and 3-D visual services varying from identity design, information graphics, editorial, web, packaging, and way-finding systems.

"2point3 is the typical example of the innovative entrepreneurial spirit of two Maltese youths who have decided to combine their creative graphic talent and skills to produce compelling visual identities and messages,” Cassola said. The AD chairperson said 2point3 is of no burden to the state, creates employment and contributed to the regeneration of Valletta since a formerly old and decaying structure has been transformed into a vibrant office in the heart of the capital.

On his part, Cacopardo said the Green Economy can be constructed through a multiple number of such micro-initiatives.

“Together they can add up to thousands of jobs. Governments tend to concentrate their efforts on macro projects. It has to be borne in mind that micro initiatives can also contribute substantially to the economy. These initiatives must be nurtured amongst other things by ensuring that costs induced by the state and or organisations in a dominant position should be kept to a minimum,” he said.

Cacopardo added that in this sense, the position adopted by the GRTU for banks to consider more realistic interest rates for loans to SMEs should be addressed without further delay.