Financial Services category powered by

RIF launches market sounding exercise for new blended finance funding scheme

The Research and Innovation Foundation (RIF) has announced the launch of a market sounding exercise for a new blended finance funding scheme and is inviting interested parties to provide input.

“This initiative aims to support innovative enterprises with private equity investment to bring their R&D activities to life, creating market-ready products, services, or processes,” RIF said in its announcement.

The submission deadline is 8 August 2024 at 1pm. To participate, click here

Read More

NPLs in the banking system down to 6.5% or €1.6 billion in Q3 2024
Banks' profits at €952.5 million after taxes for Jan-Sep 2024
CIFA: Assets under management exceed €9.3b in 2024
Deposit and lending rates down in November 2024
Jose Peña and Rami Bar Lev on why Cyprus is the place to be for fintech right now
Backpack Exchange acquires Cyprus-based FTX EU, plans Q1 2025 launch
Maria Leontiou: “We are living in a period where we are experiencing something like the smartphone era”
Christina Andreou & Maria Antoniou: It’s best to use AI to our benefit than have it against us
November deposits up €91.6m, loans down €1.8m
Cyprus entering the era of instant payments - Interbank and interstate transactions in 10 seconds