At Zaar we believe that great ideas should go far, and it is our mission to provide the space for that to happen. We strive towards upholding our values to offer the best space for idea creatives and supporters to develop and contribute to projects.
The Malta Business Bureau and the University of Malta set up the Foundation for the Promotion of Entrepreneurial Initiatives (FPEI), wherein Zaar is the first offering: a donation/reward-based crowdfunding platform to promote entrepreneurship in Malta and support local start-ups. Zaar offers an alternative solution to raise finance for projects and business ideas.
This is a corruption of the word ‘zghar’ in Maltese meaning ‘small’, and it has a dual meaning:
Malta University Holding Company Ltd – The Malta University Holding Company Ltd (MUHC) embodies the commercial interests of the University of Malta. The companies comprised in the Holding Company serve as the commercial interface between the University of Malta and the business community, brokering the resources and assets of the University to provide added value through commercial activity.
Malta Business Bureau – The Malta Business Bureau (MBB) is a non-profit organisation acting as the EU-business advisory office for the Malta Chamber of Commerce, Enterprise and Industry (Malta Chamber), and the Malta Hotels and
Restaurants Association (MHRA).
Zaar are Gold Members of the
European Crowdfunding Network (ECN).
As members we must comply with ECN Code of Conduct.
We also intend to contribute in policy debates, surveys, publications and events, such as CrowdTuesday.