cyprus startups — The new funding initiative is set to invigorate early stage Cyprus startups through the Research and Innovation Foundation’s (RIF) PRE-SEED programme. This initiative is specifically designed to support young, innovative companies with aspirations for international growth.
Cyprus startups: Financial Support for Startups
Under the call titled PRE-SEED/0526, RIF has allocated a total budget of €1 million, with each project eligible for a maximum funding of €119,999. This financial backing is essential for startups at the crucial stages of developing their ideas and bringing them to market.
Application Process and Timeline
Proposals must be submitted through the IRIS portal, with a submission deadline set for September 11, 2026, at 1pm. This timeline provides startups ample opportunity to prepare their applications and secure the necessary funding to advance their initiatives.
Targeted Support for Innovative Ideas
The PRE-SEED programme is tailored for startups that are in the early phases of developing their products or services. RIF aims to nurture these businesses as they transition from concept to development, fostering a robust innovation ecosystem across Cyprus.
Resources for Interested Startups
For those interested in applying, further information regarding RIF’s open calls, documentation, and guidelines can be accessed via the IRIS portal. Additionally, startups can reach out to the RIF Partner Support Centre for assistance, available by phone at 22205000 or via email at [email protected].
