{"id":2780,"date":"2026-01-27T14:31:53","date_gmt":"2026-01-27T14:31:53","guid":{"rendered":"https:\/\/www.mindsincyprus.com\/?page_id=2780"},"modified":"2026-08-06T09:10:16","modified_gmt":"2026-08-06T09:10:16","slug":"research-and-innovation-opportunities","status":"publish","type":"page","link":"https:\/\/www.mindsincyprus.com\/en\/return-to-business\/research-and-innovation-opportunities\/","title":{"rendered":"Research and Innovation opportunities"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"2780\" class=\"elementor elementor-2780\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4bfe22e e-flex e-con-boxed e-con e-parent\" data-id=\"4bfe22e\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e43cf8d elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"e43cf8d\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Research and Innovation opportunities<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f6b0dc6 e-flex e-con-boxed e-con e-parent\" data-id=\"f6b0dc6\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c172f03 elementor-widget elementor-widget-shortcode\" data-id=\"c172f03\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><div class=\"trp-shortcode-switcher__wrapper\"\r\n     style=\"--bg:#ffffff;--bg-hover:#0000000d;--text:#143852;--text-hover:#1d2327;--border:1px solid #1438521a;--border-width:1px;--border-color:#1438521a;--border-radius:5px;--flag-radius:2px;--flag-size:18px;--aspect-ratio:4\/3;--font-size:14px;--transition-duration:0.2s\"\r\n     role=\"group\"\r\n     data-open-mode=\"hover\">\r\n\r\n    \r\n        <!-- ANCHOR (in-flow only; sizing\/borders; inert) -->\r\n        <div class=\"trp-language-switcher trp-ls-dropdown trp-shortcode-switcher trp-shortcode-anchor trp-open-on-hover\"\r\n             aria-hidden=\"true\"\r\n             inert\r\n data-no-translation>\r\n                <div class=\"trp-current-language-item__wrapper\">\r\n        <a class=\"trp-language-item trp-language-item__default trp-language-item__current\" data-no-translation href=\"https:\/\/www.mindsincyprus.com\/en\/wp-json\/wp\/v2\/pages\/2780\" title=\"English\"><img decoding=\"async\" src=\"https:\/\/www.mindsincyprus.com\/wp-content\/plugins\/translatepress-multilingual\/assets\/flags\/4x3\/en_GB.svg\" class=\"trp-flag-image\" alt=\"\" role=\"presentation\" loading=\"lazy\" \/><span class=\"trp-language-item-name\">English<\/span><\/a>                    <svg class=\"trp-shortcode-arrow\" width=\"20\" height=\"20\" viewbox=\"0 0 20 21\" fill=\"none\" aria-hidden=\"true\" focusable=\"false\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                <path d=\"M5 8L10 13L15 8\" stroke=\"var(--text)\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n            <\/svg>\r\n            <\/div>\r\n            <\/div>\r\n\r\n        <!-- OVERLAY (positioned; interactive surface) -->\r\n        <div class=\"trp-language-switcher trp-ls-dropdown trp-shortcode-switcher trp-shortcode-overlay trp-open-on-hover\"\r\n             role=\"navigation\"\r\n             aria-label=\"Website language selector\"\r\n             data-no-translation\r\n>\r\n                <div class=\"trp-current-language-item__wrapper\">\r\n        <div class=\"trp-language-item trp-language-item__default trp-language-item__current\" data-no-translation role=\"button\" aria-expanded=\"false\" tabindex=\"0\" aria-label=\"Change language\" aria-controls=\"trp-shortcode-dropdown-6a8dc12c50ed3\"><img decoding=\"async\" src=\"https:\/\/www.mindsincyprus.com\/wp-content\/plugins\/translatepress-multilingual\/assets\/flags\/4x3\/en_GB.svg\" class=\"trp-flag-image\" alt=\"\" role=\"presentation\" loading=\"lazy\" \/><span class=\"trp-language-item-name\">English<\/span><\/div>                    <svg class=\"trp-shortcode-arrow\" width=\"20\" height=\"20\" viewbox=\"0 0 20 21\" fill=\"none\" aria-hidden=\"true\" focusable=\"false\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                <path d=\"M5 8L10 13L15 8\" stroke=\"var(--text)\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n            <\/svg>\r\n            <\/div>\r\n    \r\n            <div class=\"trp-switcher-dropdown-list\"\r\n                 id=\"trp-shortcode-dropdown-6a8dc12c50ed3\"\r\n                 role=\"group\"\r\n                 aria-label=\"Available languages\"\r\n                 hidden\r\n inert\r\n>\r\n                                                            <a class=\"trp-language-item\" href=\"https:\/\/www.mindsincyprus.com\/en\/wp-json\/wp\/v2\/pages\/2780\" title=\"Greek\">\r\n                            <img decoding=\"async\" src=\"https:\/\/www.mindsincyprus.com\/wp-content\/plugins\/translatepress-multilingual\/assets\/flags\/4x3\/el.svg\" class=\"trp-flag-image\" alt=\"\" role=\"presentation\" loading=\"lazy\" \/>                                                            <span class=\"trp-language-item-name\" data-no-translation>Greek<\/span>\r\n                                                                                <\/a>\r\n                                                <\/div>\r\n        <\/div>\r\n\r\n    <\/div>\r\n<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6e90a95 e-flex e-con-boxed e-con e-parent\" data-id=\"6e90a95\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-a5aa0dd e-con-full e-flex e-con e-child\" data-id=\"a5aa0dd\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e2fb8c1 elementor-widget elementor-widget-text-editor\" data-id=\"e2fb8c1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3 style=\"color: #76b04e;\"><b>INCENTIVES &amp; RESEARCH AND INNOVATION FUNDING PROGRAMMES<\/b><\/h3><p><b>Invest in Research and Innovation and capitalise on a dynamic ecosystem with international perspectives<\/b><\/p><p><span style=\"font-weight: 400;\">Cyprus is evolving into a modern and competitive Research and Innovation hub in the wider region. The goal of the Deputy Ministry of Research, Innovation and Digital Policy is the transition to a digital state that enhances economic growth and creates an attractive environment for researchers, businesses and investors.<\/span><\/p><p><span style=\"font-weight: 400;\">In recent years, investments in Research and Innovation have increased significantly, strengthening cooperation between businesses, universities and research infrastructure. Today, Cyprus's ecosystem includes:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">7 recognised Centres of Excellence<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">2 internationally recognised major research institutes<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">more than 20 research organisations<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">12 public and private universities<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">over 4,200 researchers<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">a powerful network of more than 500 start-ups and innovative businesses<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">Through European and international partnerships, targeted investments, an attractive business framework and specialised financial tools, Cyprus offers real opportunities for growth and innovation.<\/span><\/p><p><b>Further Information:<\/b><\/p><p><span style=\"font-weight: 400;\">Cyprus Research and Innovation Ecosystem<\/span><\/p><p><a href=\"https:\/\/www.nbri.gov.cy\/ri-in-cyprus\/\"><span style=\"font-weight: 400;\">https:\/\/www.nbri.gov.cy\/ri-in-cyprus\/<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/p><h3 style=\"color: #76b04e;\"><b><br \/>National Funding Programmes<\/b><\/h3><p><b>What you need to know?<\/b><\/p><p><span style=\"font-weight: 400;\">Cyprus offers significant funding opportunities for projects relating to research, technological development and innovation. National funding programmes cover a wide range of sectors and support you in: developing new products and services, turning your idea into a workable solution, collaborating with academic and business networks, and the commercialisation of research<\/span><\/p><p><span style=\"font-weight: 400;\">The objective is to help you to:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Identify suitable funding opportunities through national programmes and incentive schemes.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You have immediate and reliable information on calls for proposals, deadlines and submission procedures.<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">All national Research and Innovation programmes are funded by the Research and Innovation Foundation (RIF), the executive arm of state policy for Research, Technological Development and Innovation in Cyprus.<\/span><\/p><p><span style=\"font-weight: 400;\">Through the IRIS Portal, you can register and gain access to IdEK\u2019s online services, which include:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">information on funding opportunities<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">electronic submission of proposals<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">management of funded projects<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">access to information and support<\/span><\/li><\/ul><p><b>Further Information:<\/b><\/p><p><span style=\"font-weight: 400;\">National programmes funded by the Institute of Economic Research (IdEK) via the IRIS Portal<\/span><\/p><p><a href=\"https:\/\/iris.research.org.cy\/#!\/\"><span style=\"font-weight: 400;\">https:\/\/iris.research.org.cy\/#!\/<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/p><h3 style=\"color: #76b04e;\"><b><br \/>European Funding Programmes through Horizon Europe\u00a0<\/b><\/h3><p><b>What you need to know?<\/b><\/p><p><span style=\"font-weight: 400;\">Horizon Europe is the European Union's key funding programme for research and innovation for the period 2021\u20132027, with a total budget of \u20ac95.5 billion.<\/span><\/p><p><b>The programme:<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">strengthens cooperation between countries, organisations and businesses<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">it supports the production and dissemination of excellent knowledge and technologies<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">tackles global challenges through research and innovation<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">it creates jobs and utilises the EU's human resources.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">enhances the competitiveness of European industry<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">It constitutes a key tool for your participation in high-impact international projects, within a stronger European Research Area.<\/span><\/p><p><b>Further Information:<\/b><\/p><p><span style=\"font-weight: 400;\">Funding Programmes Information Portal \u2013 Horizon Europe<\/span><\/p><p><a href=\"https:\/\/ec.europa.eu\/info\/funding-tenders\/opportunities\/portal\/screen\/opportunities\/calls-for-proposals?isExactMatch=true&amp;status=31094501,31094502,31094503&amp;order=DESC&amp;pageNumber=1&amp;pageSize=50&amp;sortBy=startDate%CE%BD\"><span style=\"font-weight: 400;\">https:\/\/ec.europa.eu\/info\/funding-tenders\/opportunities\/portal\/screen\/opportunities\/calls-for-proposals?isExactMatch=true&amp;status=31094501,31094502,31094503&amp;order=DESC&amp;pageNumber=1&amp;pageSize=50&amp;sortBy=startDate\u03bd<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/p><p><b>Do you need more information?<\/b><\/p><p><span style=\"font-weight: 400;\">Besides the RIF, the Funding Programmes Information Portal of the Directorate-General for Development also operates.<\/span><\/p><p><b>The Portal helps you:<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">to identify the right funding opportunity<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">to be informed about European, co-funded and national programmes<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">to have a comprehensive picture of invitations, deadlines and procedures<\/span><\/li><\/ul><p><b>Further Information:<\/b><\/p><p><span style=\"font-weight: 400;\">Funding Programmes Information Portal \u2013 DG for Development<\/span><\/p><p><a href=\"https:\/\/www.fundingprogrammesportal.gov.cy\"><span style=\"font-weight: 400;\">https:\/\/www.fundingprogrammesportal.gov.cy<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/p><h3 style=\"color: #76b04e;\"><b><br \/>Research and Innovation Incentives<\/b><\/h3><p><span style=\"font-weight: 400;\">The Government has established a series of tax and investment incentives to boost:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">the mobilisation and development of start-ups<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Research and Development (R&amp;D)<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">the exploitation of intellectual property rights<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">attracting talent from abroad<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">The effective utilisation of these incentives creates favourable conditions for innovation, growth and the commercial exploitation of knowledge.<\/span><\/p><p><b>Tax incentives you can utilise<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Corporate tax rate 15%, one of the lowest in the EU.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">50% tax relief for the first job of people moving to Cyprus<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">25% Tax relief for repatriated professionals (employees and self-employed persons)<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">50% tax relief for investments in certified innovative enterprises<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">80%: deduction from eligible profits arising from the exploitation of intellectual property (IP) rights<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">80%: notional deduction from taxable profits for new equity capital used to finance taxable assets<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">0%: tax on gains from the disposal of intellectual property rights where such gains are of a capital nature<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">100% exemption from capital gains on the disposal of shares (which do not directly or indirectly hold immovable property in Cyprus)<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">120% tax relief for Research &amp; Development expenditure\u00a0<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Special tax regime under 8% relating to gains from the disposal of crypto-assets\u00a0<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Special tax treatment at a rate of 8% arising from the grant of share purchase (option) rights under approved schemes<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Abolition of stamp duty on documents from 1 January 2026.<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-41de240 e-flex e-con-boxed e-con e-parent\" data-id=\"41de240\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Research and Innovation opportunities \u039a\u0399\u039d\u0397\u03a4\u03a1\u0391 &amp; \u03a7\u03a1\u0397\u039c\u0391\u03a4\u039f\u0394\u039f\u03a4\u0399\u039a\u0391 \u03a0\u03a1\u039f\u0393\u03a1\u0391\u039c\u039c\u0391\u03a4\u0391 E\u03a1\u0395\u03a5\u039d\u0391\u03a3 \u039a\u0391\u0399 \u039a\u0391\u0399\u039d\u039f\u03a4\u039f\u039cI\u0391\u03a3 \u0395\u03c0\u03ad\u03bd\u03b4\u03c5\u03c3\u03b5 \u03c3\u03c4\u03b7\u03bd \u0388\u03c1\u03b5\u03c5\u03bd\u03b1 \u03ba\u03b1\u03b9 \u03c3\u03c4\u03b7\u03bd \u039a\u03b1\u03b9\u03bd\u03bf\u03c4\u03bf\u03bc\u03af\u03b1 \u03ba\u03b1\u03b9 \u03b1\u03be\u03b9\u03bf\u03c0\u03bf\u03af\u03b7\u03c3\u03b5 \u03ad\u03bd\u03b1 \u03b4\u03c5\u03bd\u03b1\u03bc\u03b9\u03ba\u03cc \u03bf\u03b9\u03ba\u03bf\u03c3\u03cd\u03c3\u03c4\u03b7\u03bc\u03b1 \u03bc\u03b5 \u03b4\u03b9\u03b5\u03b8\u03bd\u03b5\u03af\u03c2 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