The Island of Innovation

Cyprus is fast becoming a hub for innovation, entrepreneurship and Startups. With English being almost universally spoken throughout the island, Cyprus offers a sophisticated business environment for international entrepreneurs and investors. 


Invest Cyprus

Invest Cyprus is the government’s dedicated partner responsible for attracting and facilitating Foreign Direct Investment (FDI) in key economic sectors including Innovation & Startups

Launch in Cyprus

Launch in Cyprus is a key focus of Invest Cyprus, creating value through ideas and nurturing Cyprus’ entrepreneurial spirit are amongst the country’s top priorities.


Cyprus Investment Funds Association is the association of professionals, businesses and organizations offering services and being involved in the Investment Funds Sector in Cyprus.

CIFA focuses on enhancing the high level of sophistication of the Investments Funds Industry and addresses the broad range of needs and issues faced by service providers and businesses involved in the sector.

Cyprus Seeds

Cyprus Seeds is a non-profit organization registered in Cyprus, in June 2018, with the mission to support the commercialization of innovative academic research in universities and research institutions in Cyprus. Cyprus Seeds provides grants, mentoring as well as training and advice to help research projects mature to a stage that can attract venture capital or funding from private investors.


CYPEF (Cyprus Entrepreneurship Fund) is a fund established by the Republic of Cyprus to support and strengthen entrepreneurship in Cyprus by enhancing access to finance to small and medium-sized enterprises (SMEs). Financed by the European Investment Bank (EIB) and managed by the European Investment Fund (EIF).

Accelerators / Incubators


Funded by Bank of Cyprus and Deloitte, ARIS (A Really Inspiring Space) aims to provide aspiring entrepreneurs at their early stages, an innovating workspace where they can turn their ideas into thriving businesses.


IDEA is a non-profit accelerator and incubator programme
Offers Startups support services to turn their innovative ideas into viable businesses.
Startup companies will grant a 5% equity to IDEA, aimed towards the sustainability of IDEA so as to assist more Cypriot startups in the future.


Gravity is a unique Venture Building Incubator located in Nicosia, providing hands-on support to local and international startups in order for them to establish their business, develop their products and successfully access the market.

Chrysalis LEAP

Chrysalis LEAP are a Cleantech accelerator that help entrepreneurs bring their cleantech ideas to market.  They provide training, coaching, designs, run innovation events and help get startups funded. 

Kinisis Ventures

Kinisis Ventures are a boutique acceleration company working with Cypriots with unique and scalable value propositions, that can be relevant in the U.S.A 

Angel Investors


Cyprus Business Angels Network (CYBAN)
They are the only Angel Investment Network in Cyprus, matching carefully selected startups with experienced and influential angel investors.



CyRIC is the only certified Business Innovation Center (BIC) in Cyprus, certified by the European Business Network. At CyRIC, as a Business Innovation Centre we are committed to propel innovation and nurture the entrepreneurial ecosystem in Cyprus and overseas.


RISE is the Research Centre of Excellence in Cyprus focusing on Interactive media, Smart systems and Emerging technologies aiming to empower knowledge and technology transfer in the region.


The Center for Social Innovation (CSI) is an International Research and Development organization which focuses on fostering social innovation that can bring about a positive change to local, national, regional and global challenges.


Centre for Entrepreneurship (C4E) aspires to provide the training, expertise, mentorship, support and connections that UCY’s students and young scientists need to become effective entrepreneurs

Support Units


CyprusInno is the largest database of startups of all kinds in Cyprus and the first and only project featuring startups on either side of the island. CyprusInno empowers entrepreneurs, giving them greater access to co-founders, employees, advisors, and investors. We also meet in person at CyprusInno organized trainings & workshops, business mixers, and mentorship programs.

DisruptCyprus is the blog of RiseTech Media that focuses on presenting Cypriot Startup stories or startups with a connection to Cyprus.

Startup Cyprus

Startup Cyprus is the Cyprus startup ecosystem entity that culminates the ecosystem’s efforts to realize the pledge made by the Cyprus startup community, by people that believe in the creative and disruptive power of startups and innovation, to startup Cyprus. 

Facebook Community

Cyprus Entrepreneurs & Digital Nomads – Larnaca, Paphos, Limassol, Nicosia

International entrepreneurs based in Cyprus (tech, startup, social, web entrepreneurs…) and digital nomads in Cyprus coming for a few weeks or months.

Co-working Spaces

Hügge ( hygge ) is a Danish word that embrace the feeling of belonging and being at ease – and that is exactly what our coworking space is about. At hügge coworking you’ll find a very inclusive community of digital folks who work hard every day to realize their individual dreams and at the same time recognize the need to unwind and have fun together – with a beer on the roof, beach volley in the sun, a hardcore workout or whatever we got going on.

The Business Bar

The Business Bar is a co-working space located in the heart of old Limassol. A space designed for freelancers; open from dawn till dusk, offering 4 options of work-desks (Hot Desk – Cubicles – VIP desk Medium – VIP desk Large), high-speed wifi, lounge area for browsing and a conference room for up to 10 people meetings.


Ecastica Offices, based in Limassol, provide work space solutions to entrepreneurs who look for a flexible business environment to thrive in.

From a room office to hot-desking, conference room facilities and virtual office solutions, there is something for every business. Plus an impressive ALL-inclusive rent package.

Hub Nicosia

Hub Nicosia is an educational NGO, a co-working space and a community of individuals, organisations and enterprises with cultural, environmental or social aims.

It offers work stations, offices, seminar rooms, particularly suited to the needs of small NGOs, social innovators, and freelancers with emphasis to those with a social mission. 



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Ecosystem Blog

Jul 15
Cyprus Co-Working Spaces

Cyprus is seeing the rise of co-working spaces, where digital nomads, entrepreneurs…

Jul 09
Startup launch in Cyprus

Invest Cyprus is the government’s dedicated partner responsible for attracting and…

Jul 01
Finding Startups in Cyprus

Cyprus is the 3rd largest and most easterly island in the Mediterranean Sea, with a…

Please contact us to add your organisation to the ecosystem.