Technology and Innovation Incentives in the Malta Budget 2026

The introduction of the “AI for Everyone” initiative represents a significant technological incentive for Malta. This programme will provide complimentary courses, certifications, and hands-on sessions to all participants, alongside free subscriptions to AI tools for graduates. The launch is scheduled for early next year, contributing to the creation of an AI-literate workforce in Malta.

A substantial investment of €100 million has been announced, aimed at accelerating the adoption of artificial intelligence, cybersecurity, virtual reality, augmented reality, and blockchain technologies. The primary objective is to foster a more resilient and competitive economic landscape in Malta.

The Digital Identity Wallet, initially introduced in last year’s budget, was reaffirmed this year, with confirmation that issuance is expected by the end of the year. This project seeks to offer businesses and citizens a secure method for sharing and verifying identity, adhering to the “once-only” principle and EU privacy standards.

The Digital Innovation Hub will host Malta’s first High Performance Computer, providing SMEs and startups with complimentary access to AI, cloud-based tools, and data resources. This initiative offers the necessary infrastructure and support to businesses establishing their operations in Malta.

From a fintech perspective, Malta’s financial sector continues to demonstrate growth, particularly due to its pioneering legislation on blockchain and digital assets prior to the implementation of Market in Crypto Assets Regulation. Additional expansion has been observed in payment platforms, fintech applications, and digital identity solutions. Malta’s early adoption of legislation in this field provides legal certainty and an evident stable environment for fintech businesses.

In the gaming industry, partnerships with game engines such as Unity and Unreal Engine, have been highlighted for their provision of training opportunities to students and professionals across simulation, AR, VR, and game production. This initiative ensures cutting-edge training is offered for more creative sectors.