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

IDEA Innovation Centre Clinches Major European Award

IDEA Innovation Centre Clinches Major European Award

IDEA Innovation Centre has won first place in the European Commission’s ‘Enterprise Promotion Awards’ organised by the European Commission. The distinction is an extremely significant one, placing Cyprus firmly on the map of innovation.

Having competed against 260 candidates from 29 countries, IDEA made it to the finals in the "Investing in Entrepreneurial Skills" category, where it ultimately beat out the two other finalists, Italy and Portugal. This is a major success, capping IDEA's long list of accolades both in Cyprus and overseas, underscoring its leadership role in promoting entrepreneurial innovation.

Since its establishment IDEA developed into the largest non-profit integrated centre supporting entrepreneurial innovation in Cyprus. IDEA invests in young people, building up their confidence in their skills and promotes youth and startup entrepreneurs.

The Innovation Centre helps create new jobs, financing opportunities for SME startups, as well as angel investments. It supported 48 new businesses, creating more than 70 jobs, trained more than 350 women, and worked with over 4,000 students. It has contributed to fostering a culture of giving back among the Cypriot business community.

Crucial to IDEA's success has been the support from Bank of Cyprus and its other valuable partners. The Bank will continue to actively support the Innovation Centre, in this way investing in the new generation, innovation, and the future.

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

   

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, ...
   

Cyprus Raises €1 Billion Through Reopening Of Bonds Maturing In 2024 And 2040

The Republic of Cyprus raised on Tuesday €1 billion in a double European bond issue through the reopening of existing bonds maturing on 3 December 2024 ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Cyprus_Investors_08/07-16/09_300x250px
GloriaJeans_300x250px

IMH LTD