Scheme for the Development of New Business Activity

Funding up to € 84,000! Beneficiaries & Percentage of Funding per Age Category: 18–29 Men & Women – 70% Funding 30–50 Men – 60% Funding 30–55 Women – 60% Funding   Eligible Applicants: Unemployed or Employee No more than 25% shares owned within an active business   Scheme Features: Available Budget: €20 million Budget ceiling […]

Funding Scheme for Upgrading Restaurants and Tavernas or Traditional Food Product Sales Establishments, including those that are part of or wish to join the “Taste of Cyprus” Gastronomy Agreement.

The objective of the scheme is to upgrade the services provided, improve the aesthetic appearance of Recreational Centers/Establishments, strengthen Cypriot hospitality, develop gastronomy and culinary tourism, as well as enhance the modern and effective operation of Recreational Centers/Establishments. The scheme targets entrepreneurs who operate Restaurants, Tavernas and Traditional Food Product Sales Establishments located in mountainous, […]

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.

The objective of the scheme is to upgrade hotels and tourist accommodations in rural, mountainous, and remote areas, aiming at modernizing and improving the competitiveness of the tourism product. The scheme targets entrepreneurs who manage hotels or tourist accommodations located in mountainous, frontier, and remote areas, as well as rural areas and the villages of […]

SCHEME 1.3: Early retirement of farmers

The overall objective of this scheme is the provision of incentives for the for the reduction of aging and their “succession” within the rural population. The main individual purposes of this scheme are: • The transfer of agricultural properties to younger farmers • Increase in the size of agricultural holdings and improvement of their competitiveness • Increase in […]

Scheme 4.1: Investments that improve the overall performance and sustainability of the agricultural and livestock holdings

The overall objective of this scheme is to improve the competitiveness of agricultural products and the improvement of technology and mechanization of production in livestock holdings. Also the modernization and environmental upgrading of pig farms, dairy farms, poultry / chicken digest and goat units through investment on infrastructure construction and good environmental management. These investments will […]

SCHEME 1.2: Aiding of First Installation for Young Farmers

The overall purpose of this scheme is the provision of incentives for the retention of young people in the countryside and the renewal of rural population. The main individual purposes of this scheme are: • Increase to the size of agricultural holdings and improvement of their competitiveness • Creation of sustainable, competitive agricultural holdings leaded by younger people, […]

Scheme for Strengthening Laboraty Infrastructure in Cyprus

The scheme is addressed to enterprises of all capacities, that had, are, or will carry out expenditures for the creation or the expansion of laboratories for control/testing/analysis of products and calibration of equipment/tests for running tests, which operate as separate legal entities or manufacturing units. The following cases are excluded: Enterprises which are active in […]

“Strengthening of Human Resource Development Systems and Infrastructure” Scheme

The strengthening of an enterprises’ training infrastructure (conference rooms), designed to meet the training needs of the workforce (employees of the enterprise), in sectors, occupations or areas of priority for the enterprise. At the same time, the company may use the room for any business activities, but an important condition is for the room to […]

Grant Scheme for Investments in the Enrichment and Upgrading of Tourism Products for Lengthening the Tourist Season Grant Scheme for Investments in the Enrichment and Upgrading of Tourism Products for Lengthening the Tourist Season

This project seeks to improve the competitiveness of the hotel and similar tourist of the country, by encouraging and supporting investments and interventions aimed at mitigating the limitations of tourism development, such as the seasonality tourist and the one-dimensional Tourism product. It refers to existing enterprises that are registered under the Cyprus Tourism Organization (CTO). The Scheme aims […]