Startups and Innovation

The European Commission and the European Investment Fund (EIF) on Friday announced the launch of a new 175 million euro ($191.57 million) fund to bolster defence and security innovation. The Defence Equity ...

Cyprus’ innovation ecosystem boasts over 400 startups and innovative businesses, more than 2500 researchers, and over 4000 entrepreneurs, said Demetris Skourides, the chief scientist of the Research and Innovation Foundation. “These numbers demonstrate ...

Junior Achievement Cyprus (JA Cyprus) is launching its JA StartUp, which is aimed at fostering business ideas and innovation among university students in Cyprus, for the fifth consecutive year. It ...

Commissioner of State Aid, Stella Michaelidou, approved the “RESTART 2016 – 2020 Programs for Research, Technological Development, and Innovation of the Research and Innovation Foundation.” The total budget for this, until the end ...

Five experts who appeared in Horizon Magazine in 2023 outline how their areas of activity will evolve in the coming year and beyond. By Anthony King From sail-powered tankers and new ...

Fintech company Revolut’s revenue rose to a record 923 million pounds ($1.1 billion) in 2022, helped by interest income growth, but net profit fell sharply to 6 million pounds, the company said in ...

The Research and Innovation Foundation (RIF) this week announced that it has launched its CO-DEVELOP-REPowerEU programme, offering businesses a chance to secure €600,000 in funding for collaborative ventures with research organisations. ...

Cypriot indie gaming company Apella Games announced on Friday that it has won a major battle against tech giant Apple Inc., which tried to block the startup from registering its ...

Cypriot company Davion Healthcare Plc, a leading medical device manufacturer, has announced that it has entered into an agreement with the Bank of New York Mellon, a renowned financial institution, ...

Many working people in Europe are at risk of economic hardship, prompting EU researchers to seek policy answers. By Ali Jones For Lineke Smit, poverty in Europe is brought home ...

The European Central Bank opted to keep interest rates stable on Thursday and hinted at an impending conclusion to its final bond purchase programme. This move marks the conclusion of ...

Cyprus’ Research and Innovation Foundation (RIF) on Thursday announced the launch of a new programme, aimed at introducing specialised, scientific talent to Cypriot businesses, with the ultimate objective being to ...

In recent years, Cyprus has emerged as a promising destination for businesses seeking to innovate and thrive within the dynamic landscape of the European Union The island has not only ...

Since 2020, Ugne Buraciene has been the Group CEO at payabl., one of the leading PayTechs with roots in Cyprus and offices across Europe payabl.’s mission is to become the ...

Palta is a co-founding company, which invests in health-focused startups With a core mission of delivering meaningful contributions to people’s lives, Palta has several successful projects, among them are ...

Wargaming is an international video game developer and publisher founded in 1998 and headquartered in Nicosia “We are a team of 3500+ talented professionals working from 16 different offices including Chicago, Prague, Shanghai, ...

Founded in 2021, TechIsland has grown to be Cyprus’ largest tech association, now comprising over 270 member companies The organisation’s core mission is to transform Cyprus into a leading tech hub. “...

Cypriot firm Ask Wire, a real estate data analytics company, which has provided its services to the Cyprus government, systemic banks, insurance companies and investors, this week announced that it ...

The Cyprus Computer Society (CCS) on Thursday announced that, in collaboration with the Ministry of Education, Sports and Youth, is organising this year’s Cyprus Olympiad in Informatics, for Secondary ...

Swittle, a fintech company, is dedicated to optimising the receivables process, enabling business owners to focus more on what they love: running and expanding their businesses ‘Sustainability in fintech represents ...

Over 70 bilateral meetings between Cypriot and foreign businesses from 15 countries took place within the framework of an international event in Limassol the Cyprus Chamber of Commerce (Keve/CCC) announced. Participating ...

Cyprus’ dynamic research and innovation scene had a strong showing at this year’s SLUSH 2023, an innovation-driven startup event held in the heart of Helsinki every year. The event attracted ...

From its humble beginnings in 2014 to processing almost $4.5 billion USD in approved transactions in 2023, Praxis Tech’s journey represents the best of Cyprus’ potential in the FinTech domain. Cyprus 4.0 engages ...

As the Chief Marketing Officer at Adsterra, Gala Grigoreva’s role involves overseeing branding and marketing from every angle and driving product growth by fostering continuous connections between the market ...