University of Malta appoints BPC to support growth of Research, Innovation and Development Trust

Jan. 10, 2012 - PRLog -- BPC’s main task will be to help strengthen the profile and reputation of the Trust in Malta and internationally, enabling it to secure funding from both private and corporate sources. The Trust’s funds will be used to support various high calibre research and innovation projects being undertaken within the University.

RIDT CEO, Wilfred Kenely, said, “The Trust’s vision is to encourage high calibre research and innovation that can also be translated into commercial opportunities for Malta. To achieve this we need support from both private and corporate sources. BPC will be helping us to communicate the objectives of the Trust, and its achievements, to all relevant stakeholders.”

BPC’s Managing Director, David Brockdorff, said, “Malta’s future economic prosperity depends on our ability to ensure researchers and innovators have the resources they need to work on ideas that are commercially viable. BPC is looking forward to working closely with the University of Malta to help grow and strengthen its Research, Innovation & Development Trust.”

The establishment of RIDT was announced in 2011 with seed capital from the Government of Malta of €500,000.