Looks very sweet to be true, especially the word " free"
Please specify "$100k initial capital.... and MORE!", a lot of startups at the forum that are interested in this...
It costs nothing to apply. When you are selected it costs nothing to participate.
We are covering breakfast and lunch during the workshops in Malta (from 4.11 till 10.11) if startups want to participate onsite. The expenses they have to cover themselves are travel and accommodation. If they decide, they can join online - thus absolutely for free.
Selected teams will be given mentorship and pushed to develop their MVP in the best suitable manner + an offer for $100k.
It does sound too good, but it IS true