cybersecurity startups — Cyprus is set to launch a support scheme tailored for cybersecurity startups, as highlighted by the recent initiative from the Cyprus Chamber of Commerce and Industry (Keve). The Digital Security Authority (DSA) has commenced a survey aimed at pinpointing the specific needs of businesses operating in this vital sector.
Cybersecurity startups: Understanding the Initiative
The DSA, which also serves as Cyprus’ National Cybersecurity Coordination Centre (NCC-CY), is spearheading this survey. The primary goal is to collect and evaluate the requirements of startups in the cybersecurity field. The insights garnered from this effort are expected to inform the design of a forthcoming grant scheme.
Grant Scheme Under European Framework
This initiative is part of the broader European N4CY2 project, which focuses on enhancing cybersecurity capacities and innovation across the EU. The grant scheme will be aligned with Regulation (EU) 2021/887, demonstrating a commitment to bolstering the cybersecurity landscape within Cyprus and beyond.
Importance of Stakeholder Participation
The chamber has emphasised the critical role of participation from startups and relevant stakeholders in shaping effective financial support programmes. Their involvement is vital to ensure that the programmes address the actual needs and challenges faced by emerging cybersecurity companies.
Survey Details and Participation
Eligible businesses are encouraged to engage with the survey, which will remain open until June 26, 2026. The chamber has assured that all responses will be utilised exclusively to inform the grant scheme design and will be treated with strict confidentiality.
Looking Ahead
The information collected through this survey is anticipated to play a pivotal role in developing targeted funding measures that can significantly contribute to the growth and competitiveness of businesses in the cybersecurity industry.
