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Cyprus Seeds seeks to commercialise uni projects

UCy's Maria Georgiadou

The University of Cyprus recently organised an event in Larnaca entitled ‘Successful Cypriots and Greeks of the Diaspora support innovative research at the Universities of Cyprus through donations and networking’.
Maria Markidou Georgiadou, CEO of Cyprus Seeds Ltd and a member of the Council of the University of Cyprus, introduced the event, and Doxa Komodromou was the coordinator of the debate that followed.
Georgiadou initially said that new legislation has virtually opened a new page in the history of research and business in Cyprus. According to this, state universities are allowed to establish, set up and participate in companies, something that until recently was prohibited. She also mentioned the benefits of this development and briefed the public on a new financing programme Cyprus Seeds. The aim of this programme is to exploit and support academic innovative research of all Cypriot universities and research centres, the Karaiskakis Foundation, the Institute of Neurology and Genetics and the Cyprus Institute, with the possibility of commercialisation.
The head of Cyprus Seeds Ltd also referred to successful Greek and Cypriot diaspora in America, as well as to Cypriot donors who actively contribute to the effort. Particularly important in the promotion of Cyprus Seeds is the contribution of the Hellenic Initiative, based in New York, which offers donations and networking to support innovative academic research conducted in Cyprus. Cyprus Seeds offers the opportunity to research teams from the Universities of Cyprus to start a productive dialogue with experts from abroad to get useful mentoring about the development of their research and their promotion on the market.
After the end of the lecture, a fruitful dialogue and an exchange of views with the attendees followed. Among other things, Georgiadou stressed the importance of supporting innovative research in Cyprus from the diaspora, while referring to the areas where there is a prospect for the creation of newcomers in Cyprus and what it takes to “grow the seed of innovative creation”. She also explained who can apply for the Cyprus Seeds tender at the beginning of March 2019.

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