Financial Services category powered by

New applications for startups will be accepted by the IDEA Innovation Center

New applications from talented entrepreneurs who have an innovative idea and are determined to turn it into a startup business are now being accepted by the IDEA Innovation Center of Bank of Cyprus until 14 February, 2025.

As noted in a relevant announcement, as Cyprus’ largest innovation and business support organisation, IDEA is launching the 10th call to its Startup Program, inviting startups that:

  • Develop an innovative product or service or solve an existing problem in an innovative way.
  • Have a dedicated and competent team of at least two founders/members.
  • Have the potential to expand into the international market through technology.

Through its nine-month Program, IDEA offers each startup a comprehensive business support package to enhance its entrepreneurial journey, as follows:

  • €20,000 in seed capital.
  • Business-creation training to establish your business.
  • Mentoring from accomplished entrepreneurs.
  • Services for legal, accounting, marketing and ICT matters.
  • Business development, networking and access to angel investors.

IDEA is a testament to the commitment of Bank of Cyprus for innovation and entrepreneurship, along with its continuous investment in the future of Cyprus.

IDEA has supported to-date the establishment of 95 startups and created over 120 new jobs. Its startups have attracted investment capital and business partnerships from Cyprus and abroad, have established their own offices and / or employ staff of their own.

Find out more:

www.ideacy.net

Tel: 22 128144

Email: info@ideacy.net

Read More

Attica Bank's main shareholder wants Constantinos Herodotou as bank's Board Chairman
Interest rates continued to rise in December 2024, CBC says
Hellenic Bank announces new reduction in reference interest rate for loans linked to the ECB's base rate
Future forecasting: How Cyprus is becoming a focal point for fintech innovation
Ioannis Georgoulas: "I anticipate that the EMI market will consolidate much sooner than expected"
CySEC seeks views on the introduction of ICT oversight fees for entities covered by DORA
Central Bank of Cyprus sets reference interest rate at 11.50%
Cyprus Compliance Association and CFA Society Cyprus enter strategic partnership
Banking sector reports strong loan growth and nearly €1 billion deposit surge
Caius Capital LLP reduces its stake in Bank of Cyprus to below 5%