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Turn your innovative idea into a real business.

Dear valued Friends of Innovation,

The awarded by the European Commission IDEA Innovation Centre for the 7th year supports young entrepreneurs, who are determined to turn their innovative idea into a real business. We accept applications for new startups and we encourage anyone with an innovative idea and determination to realise it, to submit it to IDEA along with a basic business plan. The selected applicants will be offered a support package of services & cash up to €60.000 per startup, through a program dedicated to the commercialisation of their innovative idea.

We have supported to-date 74 startups and we have achieved perhaps the most significant recognition in Cyprus – one of our startups has been accepted to Y Combinator and has already secured significant investment from a US fund. At the same time, several other of our startups have attracted investment capital and business partnerships from Cyprus and abroad, have established their own offices and/or employ staff of their own.

We, therefore, kindly ask you if you wish, to promote this great opportunity to the young people of your network, so that they can benefit from it.

We attach a relevant flyer which you may use/share as you see fit. You may also share on our Facebook post that you may also share. Applications can be submitted through our website

Criteria :


Kind regards,

George Pelekanos

Officer IDEA

Innovation & Entrepreneurship Centre (0704)

Office Address: 36 Lykourgou | 1011 Nicosia | Cyprus

Postal Address: P.O. Box 21472 | 1599 Nicosia | Cyprus

Tel: +357 22128259 | Fax: +357 22120804  f:ideacy


14/12/2021 idea
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