RIF Launches New Financing Program

RIF Launches New Financing Program

Public Funding of 50% of the Equity Investment, with a Maximum Limit of €300,000.

The Research and Innovation Foundation (RIF) announces the launch of the new blended funding program "BOOST."

Budget: €2 million

Deadlines: June 13, 2025, and December 12, 2025

Businesses holding an Innovative Enterprise Certificate and a binding agreement for private equity investment of at least €200,000 can apply for funding from RIF, covering up to 50% of the private investment, with a maximum limit of €300,000.

For more information about the program, please refer to the Call documents, including the Frequently Asked Questions document, at the following link: https://iris.research.org.cy/#!/

It is worth noting that following the program's announcement, RIF is organizing an online informational seminar on January 30, 2025, at 11 a.m. Register here: https://shorturl.at/KPdPu

For information on how to obtain an innovation certificate, see here: https://shorturl.at/STkcw

List of certified innovative enterprises: https://shorturl.at/25xen

Tax incentives for investors in innovative companies: https://shorturl.at/LyY0e

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