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 standing by our values in order to offer the best space for idea creatives and supporters to contribute to our platform.
The Malta Business Bureau and the University of Malta have set up the Foundation for the Promotion of Entrepreneurial Initiatives. 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 to raise finance for their projects and business ideas.
What is the origination of ZAAR?
This is a corruption of the word ‘zghar’ in Maltese meaning ‘small’. It has a dual meaning –
- starting from a small idea (the entrepreneurial side);
- the ‘supporters’donate the equivalent of spare (small) change to back the idea they believe in.
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. www.muhc.com.mt
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). www.mbb.org.mt
ZAAR are Full Members of the European Crowdfunding Network (ECN).
As members must comply with ECN Code of Conduct. We also intend to contribute in policy debates, surveys, publications and events such as Crowdtuesday. www.eurocrowd.org