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Kinisis Ventures Limited Announces Partnership With Chrysalis Leap

Kinisis Ventures Limited Announces Partnership With Chrysalis Leap

Kinisis Ventures Limited (KV), a business accelerator focused exclusively on identifying and preparing Cyprus-based companies to engage in the United States, announces their partnership with Chrysalis LEAP one of the most prominent and successful cleantech focused accelerators in Cyprus. Collectively, the two entities will work hand-in-hand in identifying Cyprus-based companies who are looking to enter one of the largest and most opportunistic markets in the global economy – the United States.

“We launched Kinisis Ventures in 2018 to show the world that when Cyprus-based companies target the United States marketplace, they do it strategically, successfully and with exponential economic growth. In a short amount of time, we have proven that when packaged and guided appropriately, there is plenty of Cypriot ingenuity that can compete with the best,” says Andreas Panayi, co-founder of Kinisis Ventures and based in the United States.  “Identifying KV’s next chapter, knowing that we are a trusted source to our Cypriot partners for the U.S., our strategy from the beginning was founded in partnering with Cyprus-based companies who understood the process, have a similar ethos and operational caliber as us. Seeing how Chrysalis LEAP has evolved, what they have accomplished in a few years, as well as the opportunities they have created for their acceleration companies, we couldn’t think of a more ideal match.”

Since launching in 2012, Chrysalis LEAP has focused on creating a variety of opportunities specific to entrepreneurs and start-ups in Cyprus within the field of cleantech. Dependent on the needs of each start up, the company offers specific training and coaching, strategic funding roadmaps, design consultation, and innovative events in order to reach their target audience(s). Over the years, the company has become a proud partner of Climate-KIC, the official organizer of Climate Launchpad for Cyprus, and a Regional Innovation Scheme for EIT.

“Both Chrysalis LEAP and Kinisis Ventures have a common interest to help Cyprus-based entrepreneurs materialize their ideas,” says Stelios Procopiou, co-founder and director of Chrysalis LEAP.  “Turning this partnership into reality is a natural progression of an already results-yielding collaboration.”

Kinisis Ventures is already working with two of Chrysalis Leap’s “graduating” companies, Hydrogen Energy Systems (focused on renewable energy) and EMBIO Diagnostics (focused on biotechnology diagnostics specific to food management).

“Yes, we have similar work styles and ethics, however more importantly, our two accelerators share the passion for helping evolve Cyprus into an entrepreneurial world recognized hub,” continues Andreas Panayi. “Chrysalis LEAP will play an important roll in identifying and guiding Cyprus-based cleantech companies within their early ideations. For those who demonstrate an array of exponential growth potential, once ready to graduate on, KV has the opportunity to evaluate their scalable value proposition. If our advisory board agrees that they can compete in the United States, we’ll give them an offer to join us.”

With the launch of the partnership between Kinisis Ventures and Chrysalis Leap underway, the strategic relationship will allow both companies to share projects, insights, best practices, and more importantly continue to build the entrepreneurial bridge between Cyprus and the United States.

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