Scheme for the labor rehabilitation of ex-offenders
The Scheme aims to tackle unemployment by providing incentives to employers for the recruitment of ex-offenders of the Republic of Cyprus, registered as regular unemployed with the Public Employment Service (PES) before the date of their employment. Individuals must be citizens of the Republic of Cyprus, or third-country nationals, who are legally resident in the […]
Scheme for the Recruitment of Enterprises with Young Graduates of Higher Education
This regarding Scheme provides the opportunity to businesses to recruit unexperienced young graduates, through funding. The subsidy covers a percentage of the wage costs of the graduate and the trainer, as well as the cost of operating expenses of the training, for a period of six months. The main requirements are the following: The young graduate should be […]
Subsidy Scheme for Investments in the Manufacturing and/or Distribution of Agricultural Products
A prerequisite for all interested applicants is to complete the preliminary questionnaire: https://forms.gle/gryiyHH6nPfA4t4i6 Grants are used to support new and existing businesses that seek to: upgrade their infrastructure and equipment technologically, improve the efficiency and sustainability of production, develop new or improved products and markets, promote PDO, PGI, organic, or export products. The Scheme […]
Grant Scheme to Strengthen Cybersecurity in Cypriot Small and Medium-sized Enterprises 2025 – Tourism Sector
Objectives of the Scheme Through the Scheme, businesses can enhance their level of security and resilience against cyber threats, assess their current situation, and obtain certification in cybersecurity (ISO/IEC 27001:2013 or ISO/IEC 27001:2022). The certification will be issued by accredited bodies and will confirm the business’s compliance with the NCC-CY Cybersecurity Framework for SMEs. […]
Incentive Scheme to Support Entrepreneurship in the Walled City of Nicosia (4th Call)
The Scheme aims to revitalize and strengthen economic activity within the walled city by supporting investments by natural and legal persons for the establishment and operation of businesses. Objectives of the Scheme The Scheme seeks to: Strengthen entrepreneurship Create sustainable jobs Attract new activities to the walled city Increase visitor numbers and social vitality […]
Incentive Scheme for the Employment of Unemployed Women
The Scheme provides financial support to employers who hire unemployed women The Scheme provides financial support to employers who hire unemployed women registered with the Department of Labour’s Public Employment Service. It is part of Active Employment Policies and contributes to gender equality in the labor market. The total budget is €7,000,000 with the aim […]
Incentive Scheme for the Recruitment of Inactive Women with Flexible Employment Arrangements
The Scheme is part of Active Employment Policies and aims to boost employment by recruiting inactive women with flexible forms of work (online, mixed teleworking, flexible working hours, part-time work, job sharing). It is co-funded by the ESF+ and the Republic of Cyprus, with a total budget of €4,000,000 and a target of hiring 470 […]
Funding Scheme for Upgrading Hotels and Tourist Accommodations in Rural, Mountainous, and Remote Areas for the Modernization and Enhancement of the Competitiveness of the Tourism Product
Grant Amount: Up to €300,000 (de minimis) Additional support with a maximum amount of €500,000 for small and medium-sized enterprises, with a grant rate of 20% and 10%, respectively. Objectives of the Scheme The scheme aims to upgrade hotels and tourist accommodations in rural, mountainous, and remote areas to modernize and enhance the competitiveness […]
Funding Scheme for the Digital Transformation of Companies
Notes: Completion of the preliminary questionnaire is a prerequisite for arranging a meeting: https://forms.gle/x1HKdfqbFMmmJfv16 Upon completion and submission of the questionnaire, the officer in charge will contact you. The Ministry of Energy, Commerce and Industry announces the Digital Business Upgrade Plan 2025. This plan, funded by the European Union’s THALEIA Cohesion Policy Program 2021–2027, aims […]
Circular Economy Scheme for Small and Medium Enterprises
The Scheme aims to support existing and new small and medium-sized enterprises (SMEs) to strengthen new circular economy investments to make their products, production processes, and business practices more environmentally friendly. Specifically, the Scheme aims to enhance the degree of circularity of businesses, improve product design, promote innovation, provide consumers with innovative and longer-lasting products, […]