Applications Open For Cyprus Youth Entrepreneurship Awards 2026

The Cyprus Chamber of Commerce and Industry (Keve) has opened applications for the 2026 edition of its Youth Entrepreneurship Awards, which are being held for the ninth consecutive year.

Overview Under Presidential Auspices

Held under the auspices of President Nikos Christodoulides, the initiative recognises entrepreneurs under the age of 40 across sectors including commerce, industry, services, tourism, shipping, research, innovation, technology and culture. This year’s edition also introduces a new category for young entrepreneurs from the Cypriot diaspora based in Greece and the United Kingdom.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Comprehensive Eligibility And Criteria

Applications are open to entrepreneurs who have established their own businesses, as well as successors leading family-owned companies. Eligible businesses must primarily operate in Cyprus, while the newly introduced diaspora category applies to entrepreneurs based in Greece and the United Kingdom. The awards are open to both newly established ventures and established businesses undergoing leadership transitions.

Rigorous Evaluation Process

A special committee appointed by Keve will rigorously assess contenders on multiple fronts. Evaluation criteria include entrepreneurship, innovation, business performance, reputation, social responsibility and the development of new products or services. The committee will also assess leadership, personal contribution to business growth and future development plans. Additional factors include environmental responsibility, efficient use of resources, sustainability initiatives, international expansion and job creation.

Awards Ceremony And Strategic Partnerships

Nominations must be submitted by July 17, 2026, through the online application process. The awards ceremony is scheduled for October 7, 2026, and will bring together influential business leaders and innovators from Cyprus and abroad. The initiative is organised in collaboration with Thessalonikis Dromena magazine and supported by the Ministry of Energy, Commerce and Industry and Eurobank.

The Future Forbes Realty Global Properties

Why Investors Keep Buying Premier League Clubs Despite Heavy Losses

by News Editor

August 18, 2026

Fenway Sports Group’s sale of a minority stake in Liverpool Football Club to a consortium including Jeff Bezos shows why investors continue to see value in English soccer despite mounting losses.

The deal valued Liverpool at more than $7 billion, giving FSG a major return after buying the club for £300 million in 2010. Since then, Liverpool has won multiple domestic and European trophies, while the value of elite football clubs has climbed sharply.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

That growth comes despite worsening finances across the Premier League. Deloitte found that the 20 clubs recorded combined pre-tax losses of £948 million in the 2024/25 season, more than six times the previous year’s figure. Only eight clubs reported an operating profit, compared with 13 a season earlier.

Rising player transfer fees are a major driver of costs, but profitability is only part of the equation for investors.

Why Club Values Keep Rising

Elite football clubs are increasingly seen as scarce assets with global audiences, powerful brands and multiple revenue streams. Their value can therefore rise even when day-to-day operations remain unprofitable.

“Even if you’re not making a profit day-in, day-out, the value of the asset is still going up,” Richard Haigh, global managing director at Brand Finance, told CNBC.

The Premier League’s international reach also makes its clubs attractive to sponsors and investors, while the limited number of top-tier teams adds to their appeal.

Turning Stadiums Into Year-Round Businesses

Investors are also looking beyond matchday revenue, seeking to turn stadiums and surrounding real estate into year-round businesses.

“The other thing that American sports do incredibly well, which investors are looking to do in Europe, is that the stadium and surrounding real estate is a 24/7, 365-day revenue generator,” said Lewis Gaut, a sports finance specialist at Goodwin.

Tottenham Hotspur’s £1.2 billion stadium is one example. Its commercial income rose from £117 million in 2018 to £215 million in 2022, according to UBS. The venue now hosts major concerts and NFL games.

Manchester United is pursuing a similar strategy with plans for a new 100,000-seat stadium as part of a wider regeneration project, estimated to cost around £2 billion.

The shift reflects a broader view of football clubs as scarce assets that can generate revenue from real estate, entertainment, sponsorships and other businesses.

For investors, that means operating losses do not necessarily make a club unattractive if its underlying value continues to grow and new revenue streams can make the business more sustainable.

Breaking news