The Cyprus Research and Innovation Foundation (RIF) has announced a new funding call worth €300,000 aimed at enhancing support structures for innovation, including incubators and startup accelerators.

According to the announcement, the primary goal of the funding is to further develop local innovation support structures to offer high-quality services to startups. These services are crucial for market penetration, revenue generation, and attracting private investments.

The maximum funding is €10,000 per startup participating in a specialized support program and up to €100,000 per support structure. Interested parties can find more information at the following link. Proposals must be submitted via the IRIS portal, with a deadline of June 26, 2024.

The funding call is financed by the NextGenerationEU Recovery and Resilience Facility and the Cyprus Recovery and Resilience Plan. For more information, interested parties can contact the RIF Partner Service Center at 22205000 or via email at [email protected].