THURSDAY, 9 JUL 2020

 

CONNECT

Facebook Linked In Twitter
GAP_Group_2019_728x90px
GloriaJeans_266x90px
IMH LTD

Pompeo: US to Provide Military Education and Training Funding to Cyprus

Kassianides: Cyprus to Enter the Natural Gas Era

IMH LTD

BUSINESS

brought to you by Deloitte

CIPA Hosts Inaugural Invest Cyprus Start-up Demo Day

CIPA Hosts Inaugural Invest Cyprus Start-up Demo Day

Thirteen local start-ups were offered the unique opportunity to present their innovative ideas, services and products to distinguished foreign and local investors at the Invest Cyprus Start-up Demo Day, the first such event organised in Cyprus by the Cyprus Investment Promotion Agency (CIPA), held on Tuesday, December 8.

Within the framework of its mission, CIPA took the initiative to organise the Invest Cyprus Start-up Demo Day, aspiring to establish it as a regular event, with the aim of boosting entrepreneurship and promoting Cyprus as an attractive international innovation and entrepreneurship centre. 

Through this initiative, the Agency seeks to boost the attraction of foreign investors to the island, help Cypriot start-ups access international markets and operate as an incentive for more Cypriots to develop innovative ideas and enterprises.

In excess of 30 start-ups expressed interest in participating in the event, though just thirteen were selected.

“Within the framework of the new Action Plan for Reform and Development, the support, promotion and boosting of business and investment activity in Cyprus are priorities for the Government,” affirmed Under-secretary to the President Constantinos Petrides in his address to attendees. “Our priority is not just to create new companies, but to develop viable and competitive enterprises which will be in a position to create new jobs and contribute to the country’s economic growth. As part of this effort, the creation of a network where ideas can come into contact with potential financing is very important, and this is why we welcome today’s event, as well as similar efforts made by the wider public and private sector.”

On his part, CIPA Chairman Christodoulos Angastiniotis thanked the organisations and individuals of the business community who contributed to the successful staging of the event. He said the importance of entrepreneurship lies in its ability to enhance prospects and enrich manpower skills, to develop research and development and promote more effective ways of serving the economy as a whole. 

“Particularly today, start-ups are much more than innovative means to implement ideas. They can serve as the backbone of our economy, creating new jobs and contributing to growth in various ways,”’ Angastiniotis added.

The event was sponsored by Deloitte, Bank of Cyprus and IDEA and supported by Cyprus Enterprise Link and Startup Cyprus

MORE ON BUSINESS

Kassianides: Cyprus to Enter the Natural Gas Era

Cyprus as of July 9 will enter the natural gas era, Natural Gas Public Company Chairman ...

New Espresso Blends At Alphamega Hypermarkets’ Cafeterias

Alphamega Hypermarkets are investing in the coffee culture that has grown significantly ...

CySEC Fines CommerzBank AG €650,000 For Market Abuse

The Board of the Cyprus Securities and Exchange Commission (CySEC) stated in a recent ...

FROM AROUND GOLDNEWS

   

John Lewis to Close Eight Stores Permanently

John Lewis has announced it is permanently closing eight of its stores, putting 1,300 workers at risk, the BBC reports. The retailer said it had to ...
   

House Prices up by 1.1% in Cyprus in Q1 2020

House prices, as measured by the House Price Index, rose by 5.0% in the euro area in the first quarter of 2020 compared with the same quarter of the previous ...
   

Kassianides: Cyprus to Enter the Natural Gas Era

Cyprus as of July 9 will enter the natural gas era, Natural Gas Public Company Chairman Symeon Kassianides has said as tomorrow the President of the Republic ...
   

Pompeo: US to Provide Military Education and Training Funding to Cyprus

The US for the first time will provide international military education and training funding to Cyprus, as part of the State Department`s efforts to enhance ...
   

Cyprus to Establish a Deputy Ministry of Culture

The Cabinet has decided to proceed with the establishment of a Deputy Ministry of Culture, Deputy Government Spokesman Panayiotis Sentonas said. ...
   

Impressive Construction Work Progress At Ayia Napa Marina

On Wednesday, July 8, media representatives were given the chance to tour the iconic Ayia Napa Marina, and were provided with insight into the progress of ...
   

New Minister Of Energy And Deputy Minister For Shipping Are Sworn In

The new Minister of Energy, Commerce and Industry Natasa Pilides and Deputy Minister to the President for Shipping Vassilis Demtriades assume duties on Friday, ...
   

Innovation In The Eye Of The Perfect Storm

We live in a world of non-linear change, black swans and perfect storms, and still, it seems that we think in a linear mode. The confluence of uncertainty, ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Cyprus_Investors_08/07-16/09_300x250px
Gold_Digital_Edition_300x250px

IMH LTD