RESTART 2016-2020 Programmes / Call for Proposals for the “Creation and Initial Development of Startups with International Orientation (PRE-SEED)” Programme
Summary
The third Policy Axis aims to improve the competitiveness and resilience of the Cypriot economy. In addition to the other axes, it includes measures that contribute to the promotion of a new model of development and international competitiveness of the Cypriot economy, based on the results of the relevant study of the Cyprus Economy and Competitiveness Council.
Includes investments and reforms to expand the productive base by strengthening the primary and secondary sectors of the economy, improving competitiveness and the business environment, mainly by supporting small and medium-sized enterprises (SMEs), diversifying and strengthening the tourism product, modernizing public administration and local authorities, reform and improve the efficiency of the judiciary, fight corruption and enhance transparency, enhance research and innovation, and the resilience of the financial sector and the financial situation.
Programme Name
Programme Description
The third Policy Axis aims to improve the competitiveness and resilience of the Cypriot economy. In addition to the other axes, it includes measures that contribute to the promotion of a new model of development and international competitiveness of the Cypriot economy, based on the results of the relevant study of the Cyprus Economy and Competitiveness Council.
Includes investments and reforms to expand the productive base by strengthening the primary and secondary sectors of the economy, improving competitiveness and the business environment, mainly by supporting small and medium-sized enterprises (SMEs), diversifying and strengthening the tourism product, modernizing public administration and local authorities, reform and improve the efficiency of the judiciary, fight corruption and enhance transparency, enhance research and innovation, and the resilience of the financial sector and the financial situation.
Call
Detailed Call Description
The Programme aims to support STARTUPs with international orientation with significant prospects for rapid development, which are still in the idea stage and their product or service is not yet fully developed.
Funding to beneficiaries is expected to cover the investigation, evaluation and development of the idea, the development of an initial product / service and the first efforts towards the commercialization of the product / service. More specifically, funding is expected to cover, amongst others, the initial operation of the enterprise, prototype development, market research, identification of the appropriate business model, business plan, intellectual property protection, investor search, etc.
Financing percentage by EU or other bodies / Level of Subsidy or Loan
85% € 100.000
Eligibility For Participation Notes
The Host Organisation must be a Startup Company. The participation of Enterprises, Research Organisations and Other Organisations of the Private Sector, is permitted.
Programme Category
Cyprus Recovery And Resilience PlanTotal Budget
€1.000.000Thematic Categories
- Research, Technological Development and Innovation
Eligibility for Participation
- Associations
- Educational Institutions
- Large Enterprises
- NGOs
- Non Profit Organisations
- Other Beneficiaries
- Private Bodies
- Researchers/Research Centers/Institutions
- Small and Medium Enterprises (SMEs)
Call Opening Date
14/12/2021Call Closing Date
14/02/2022National Contact Point(s)
Research and Innovation Foundation
RIF Support Service
Email: support@research.org.cy
Telephone: +35722205000