Funding ProgrammesAll you need to know about each Funding program

For each of the Subsidy Scheme below a new call for proposals/ applications is expected during the following period.

In order to create the conditions necessary for the utilization of the Scheme that meets your needs it is important to start preparing early, as your idea should be evaluated and shaped accordingly, information within the context of the proposal/ business plan to be prepared needs to be collected and analyzed, and quotations as well as other documentation material must be gathered according to the requirements of each specific Scheme.

In order for us to assist you determine whether you are eligible for the Scheme of your interest and help you prepare timely, you can complete the “Eligibility Check” form or “Contact Us" or by phone at 70005054.

Information on Expected Subsidy Schemes, below, is based on the most recent Call for Proposal Submission for the specific Scheme. Please note that changes may occur between Calls. Information for the new Call will be posted in the section Subsidy Schemes.


General Objectives
The “Research in Enterprises” Programme aims at:

  1. Enhancing the competitiveness of Cypriot enterprises thus resulting in making a contribution in the country’s economy growth, through the development of new products / services / production methods of high added value, or significantly optimised products / services / production methods which will be commercially used, and
  2. intensifying the participation of Cypriot enterprises in research activities resulting in raising the contribution of the private sector in the country’s RTDI investments.

Enterprise involvement in research and innovation activities is considered to this day to be a determining factor to the development of their ability to successfully respond to the demands of the single European and the globalised markets.

This Programme focuses on the development of new or the significant optimization of products / services/ production methods of high added value, and is expected to contribute to the enhancement of the competitiveness of Cypriot enterprises and the country’s economy growth.

In addition, it is expected to create new jobs thus contributing positively in dealing with unemployment at national level.

The Programme covers a wide range of industrial research and experimental development activities. The experimental development activities may include the production of a prototype, demonstration, pilot operation, testing and validation of new or significantly optimised products / services / production methods in a representative, real conditions operating environment. The Programme does not cover projects that are concerned with customary modifications or modifications that incur over time on products, production lines, services, production methods, even if these modifications are considered as improvements.

As the Programme is part of Pillar I, “Smart Growth”, the projects must be applicable in one of the designated Priority Sectors:

  • Energy
  • Tourism
  • Transport-Shipping
  • Agriculture-Food Industry
  • Built Environment-Construction Industry
  • Health

and/or one of the Horizontal Priority Sectors:

  • ICT
  • Sustainable Growth-Environment

Research Organisations, Enterprises, Other Organisations

Specific Participation Restrictions and Conditions
The Host Organisation must be a Small or Medium Sized Enterprise (B.1, B.2).

Research Organisations, Enterprises or Other Organisations may participate as Partner Organisations.

Participation of foreign Research Organisations is not permitted.

Participation of STARTUP Companies is not permitted to except from enterprises that fall under the category of a STARTUP with marketable products / services and present sales and turnover and audited financial statements.

Project Activities
The projects must necessarily include Experimental Development activities. They may also include Industrial Research activities.

It is noted that upon completion of the Project Implementation, the Host Organisation must prepare an “Exploitation Plan” which will be submitted to the RIF as a Deliverable along with the Final Report. The “Exploitation Plan” must include the assessment and analysis of the project results’ potential, in order to support future decisions of the Consortium, and the planning of exploitation of results.

Duration of Project Implementation
12-24 months


Maximum Funding per Project

The maximum aid intensity for Enterprises and Other Private Sector Organisations cannot exceed 70%.

Eligible Costs
Personnel costs, Instruments and Equipment Costs, Costs for External Services, Costs for Travelling Abroad, Consumables, Other Specific Costs, Overheads.

Remote Evaluation.

Evaluation Criteria/Weighting
(1) Excellence 20%, (2) Added Value and Benefit 40%, (3) Implementation 40%.

Selection of Projects
By order of ranking.

Indicative Call Planning
It is expected that three (3) Calls for Proposals will be announced in 2016, 2017 and 2019.


CALL FOR PROPOSALS (Will be published when available)




Eligibility Check

Fill up the Eligibility Check form below and we will check FREE OF CHARGE if your company is eligible for subsidy

Contact Us

We will be happy to respond to any queries you may have, so feel free to contact us at anytime.


+357 70005054

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