Issue link: https://maltatoday.uberflip.com/i/1464558
11 INTERVIEW 14.4.2022 Why did you seek GO Ventures' investment? While raising capital is very impor- tant, the background, experience and expertise of the investors behind your venture is equally important. In fact, our first investors are SG Solutions, which as a right history in the hard- ware and technology industry. Simi- larly GO Ventures has very successful history in the technology and commu- nications sectors and has access to a large consumer base. The synergies, and potential value added for both parties were clear from the start. In fact, we have already taken advantage of this, and we have collaborated in a number of workshops with different teams within GO. GO Ventures expe- rience and insight has already proven very valuable to our journey so far. investor in Gigify.mt What made GO Ventures decide to invest in Gigify? e gig economy is taking off everywhere around the world. Gig workers are looking to monetise their time and skills by offering services like home services, IT support, cooking, entertainment. We estimate that there are around 35,000 potential gig workers in Malta and there was not an established online marketplace in Malta that connects these gig workers to customers in a transparent, efficient and trustworthy manner. Gigify will do just that, allowing those who are interested in providing these services to do so in an easy manner, whilst for the users they can find whatever help they need in an easy, digital manner. For us, this not only provided a strategic opportunity to tap into a new revenue line, but it is perfectly aligned to our purpose of driving a digital Malta where no one is left behind. How does Gigify fit into GO Ventures' growing portfolio of investments? Gigify fits in very well in our portfolio as it leverages tech- nology to provide a solution to a societal challenge that has otherwise been overlooked. As with all of our investment, we also feel that we can help grow this business by being a strategic partner that provides access to our networks and support infrastructure. GO Ventures' perspective - Paul Grech