Malta ranked fourth out of 21 countries that took part
in the Startup Nations Standards Report released in March, scoring
a perfect 100% in a number of metrics.
The report was issued by Europe Startup Nations Alliance, which
was created in 2021 and is supported by 26 EU Member States and
Iceland. The report is the second to be issued by ESNA and maps the
progress and potential of Europe's startup ecosystem, shedding
light on the performance of eight different metrics
(standards).
The Alliance was set up to map the way forward for the EU to
become a centre of excellence when it comes to innovation and
entrepreneurship. It found that so far, Europe had reached 55% of
the standards of excellence – while Malta had reached an
impressive 73% overall, putting it in fourth position.
