Save - Upgrade for Small and Medium Enterprises and Non-Profit Organizations (2nd Announcement) *The available Budget amounts to €24 million.**Applications will be accepted until May 30, 2025, at 11:59 PM.***Applications will be evaluated according to the order of their submission to the Deputy Ministry (First In – First Out) Objective The objective of the Plan is to...
2025 Funding Scheme for Events Promoting Traditional Flavours & Local Products in Cyprus A funding opportunity for individuals, municipalities, companies, and organizations organizing events that promote Cypriot gastronomy and local products in 2025. Purpose of the Scheme This scheme supports events held in Cyprus during 2025, focused on the promotion of traditional foods, drinks, and local products. The...
Digital Upgrade Scheme for Businesses – 3rd Call (2025) Funding Opportunity from the Ministry of Energy, Commerce and Industry – Budget: €14 million The 3rd call for proposals under the Digital Upgrade Scheme with a total budget of €14 million closed on May 20, 2025, since the available budget is exhausted. Objective of the Scheme To support businesses in...
Grant Scheme for the Digital Transition of Special Interest Tourism Providers The Scheme is currently closed Objectives of the Scheme Enhance the online presence of providers/involved parties in special interest tourism. Intensify the digital promotion of special interest tourism segments. Facilitate targeted marketing of special interest tourism offerings through digital channels. Eligible Beneficiaries a. Licensed Local Travel & Tourism Agencies involved in...
Grant Scheme to Encourage Projects for the Quality and Aesthetic Upgrade of Beaches (2023 - 2025) Implementation Period * The scheme for 2025 is closed. ** Equipment must be purchased by September 30, 2025. *** Projects that require a planning permit and building permit must be completed by October 30, 2025.Purpose To encourage projects that aim to upgrade the quality...
Grant Scheme for Hotel and Tourist Accommodation Upgrade Projects The application submission for 2025 has been completed. Purpose To support investments in hotel and tourist accommodation businesses for: (a) Enrichment, modernization, and quality upgrade of their existing products and services.(b) Creation of new products and services related to alternative forms of tourism and to address diverse seasonal needs and...
Grant Scheme for the Revitalization of Rural, Mountainous, and Border Areas through the Creation of Authentic Experiences The total budget for the years 2024 and 2025 amounts to €4 million. The application submission has been completed. The Plan aims to strengthen the local economy and enhance the visitor experience. The ultimate goal is to increase visitation...
New Business Activity Support Scheme This scheme by the Ministry of Energy, Commerce and Industry provides financial support for the development of new businesses in Cyprus. The application period for 2024 has closed. Investment Limits & Grant Amounts Maximum total investment: €120,000 Minimum total investment: €10,000 The grant amount depends on the applicant category: Beneficiaries Grant Percentage Maximum Grant Young men and women (ages 18–29) Up...
Support Scheme for Enhancing the Competitiveness of Small and Medium-Sized Enterprises (SMEs) in the Manufacturing Sector Objective The goal of this scheme is to support the development and strengthening of SMEs operating in the manufacturing sector, as well as other targeted economic activities, located or planning to be located in areas of Cyprus under the control of...
