Cypriot Startup Shines in NBG Business Seeds

Cypriot Startup Shines in NBG Business Seeds

Cyprus’ Ask Wire earns third place among top startups, showcasing the island’s innovation strength beyond its borders.

The 15th Innovation & Technology Competition, organized by the NBG Business Seeds program of the National Bank of Greece, concluded with a strong showing for Cypriot innovation. The event once again highlighted the program’s crucial role in promoting and supporting groundbreaking ideas.

In a statement today, the National Bank of Greece (Cyprus) announced that Cypriot startup Ask Wire achieved third place and won a €8,000 cash prize. Ask Wire impressed with its intelligent property data analysis platform, which supports real estate professionals, banks, and insurance companies in making well-documented decisions based on updated and transparent data.

The Cypriot entry stood out among dozens of proposals, confirming the vitality and reach of Cypriot innovation beyond its borders.

Other Award Winners in the Innovation & Technology Competition

Taking first place and a €20,000 prize was Optimens, which developed a unified Energy Management System to maximize renewable energy use, reduce dependency on external suppliers, and enable participation in energy markets.

The second-place winner, receiving €12,000, was Wealthyhood, an investment application that makes investing accessible to everyone by focusing on systematic saving and wealth-building rather than short-term gains.

According to the announcement, the Innovation & Technology Competition has become a key institution for promoting and financially supporting startup companies in Greece and Cyprus. The competition demonstrates how the National Bank of Greece Group understands, acts on, and supports innovative businesses and technological development as critical factors for competitiveness, extroversion, and economic growth.

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