The United Nations Development Programme (UNDP) has unveiled a transformative initiative aimed at Cyprus' younger generation. The program, named the "Youth Innovation Factory" (YIF), offers young Cypriots between the ages of 18 and 35 an opportunity to secure €25,000 in funding for their tech-centric innovations.

Slated to begin in late September, the YIF aims to fuel progress in technology-based innovations, particularly those focusing on environmental and social issues. This aligns with the UN's broader Sustainable Development Goals, spotlighting a holistic approach to problem-solving.

Over a span of three months, participating teams will engage in an immersive experience at the YIF. Here, they'll validate their innovative concepts, develop a Minimum Viable Product (MVP), and craft compelling narratives that underscore the need for sustainable change. Additionally, the program will offer practical training, mentorship, and networking opportunities with industry experts and civil society leaders. To facilitate the creative process, participants will have access to shared workspaces, a podcasting studio, and meeting rooms, along with complimentary refreshments.

As the program culminates, successful teams will present their finalized solutions to a panel of distinguished experts. The top ideas stand to win €25,000, enabling these young innovators to turn their concepts into actionable projects.

The application deadline is set for Sunday, September 24th, at 11:59 PM. Those interested in participating can find further details, including eligibility criteria and application procedures, on the program’s official website.