The University of Malta Research, Innovation & Development Trust (RIDT) aims to strengthen R&D investment within the University as well as on national level, and to foster the commercial exploitation of this research. The RIDT fund (not a funding measure per se) was established in 2011 through an initial government allocation of €500,000. The University of Malta generates about 15% of its revenue, most of which comes from foreign students' fees. The rest comes from government funds and the university has no assets such as reserves or property of its own. The fund aims to generate revenue for large-scale activities, particularly research projects.
Official adoption year
National Support Measure