Purpose

The subsidy scheme aims to support, develop and promote small and medium-sized enterprises in the manufacturing sector and specific services that support or serve the manufacturing sector, through financial aid for the extension and modernisation of existing sustainable small and medium-sized enterprises that are legally established in areas controlled by the Republic of Cyprus or new sustainable small and medium-sized enterprises that will be formed in Cyprus, and settle in areas controlled by the Republic of Cyprus.

Please note that for existing companies located in areas under the control of British bases and new companies to be formed that will settle in areas under the control of British bases, there is a similar subsidy scheme available, for which you can download the official Implementation Guide available in the corresponding Greek Section of our website.

For more Information for this Subsidy Scheme and in order to download our Newsletter and the Official Implementation Guide, please visit the Greek Section of our website or Contact Us.