Due to increased interest in submitting proposals to the 'Disrupt' program, the Research and Innovation Foundation (RIF) announced a new, extended deadline for the program. The second phase of the program was successfully completed on Friday, with the submission of 10 proposals. The new (third) deadline has been set for March 22, 2024, with an additional budget of €3 million allocated for this phase.

'Disrupt' is a pioneering program in Cyprus, combining public funding with private investment capital to support the exponential growth of businesses in international markets.

Cypriot businesses are demonstrating their ability to innovate and expand globally on a daily basis. RIF supports their efforts with various financial tools and supportive services, fostering a thriving environment for business innovation and expansion.