IDEA Innovation Centre now accepting new applications!

Open call until 20 February 2022.

Are you a young person determined to make your ideas come true? Do you want your ideas to come alive in the form of a startup, with all the support and assistance you need? Then look no further than IDEA Innovation Center - the largest innovation and business support organisation in Cyprus.

IDEA has supported to-date the establishment of 74 startups while we have achieved perhaps the most significant recognition in Cyprus – one of our startups has been accepted to Y Combinator and has already secured significant investment from a US fund. At the same time, several other of our startups have attracted investment capital and business partnerships from Cyprus and abroad, have established their own offices and / or employ staff of their own.

The European Commission-awarded IDEA is accepting applications for the 7th consecutive year, from talented young entrepreneurs that have an innovative idea with global outlook and are determined to turn it into a startup through their hard work and our support.

Through our nine-month programme, IDEA offers each startup a package of cash & services, up to €60.000, as follows:

•  Business-creation training to establish your business
• Seed capital €12,000
• Mentoring from accomplished entrepreneurs in niche areas
• Consultancy services for legal, accounting, marketing and ICT matters
•  Fully-equipped office premises
•  Hybrid training (online & physical)
• Business connections to entrepreneurs (business development)
• Networking with key individuals, access to angel investors
• Major promotion to Media
•  Extroversion and promotion overseas

IDEA has the full support of Bank of Cyprus, which leads the way in fostering innovation and entrepreneurship, as well as the digital transformation in Cyprus. Of particular importance is the contribution of our Partners, that constitute the “social capital” called IDEA: 42 trainers, 70 mentors & 20 organisations that provide their support pro-bono, within the culture of “giving back”.

Find out more:

• Criteria and applications available at: www.ideacy.net

General information:

• @ideacy
•  Tel: +357 22128244
• Email: [email protected]