Breaking news

Cyprus Launches Survey To Shape New Cybersecurity Startup Funding Programme

by THEFUTURE.TEAM

June 24, 2026

The Cyprus Chamber of Commerce and Industry (Keve) has informed businesses about a new survey launched by the Digital Security Authority (DSA) to assess the needs of cybersecurity startups ahead of a planned funding programme.

Industry Consultation Begins Before Funding Rollout

Launched by the DSA in its capacity as Cyprus’ National Cybersecurity Coordination Centre (NCC-CY), the survey aims to gather information on the challenges, priorities and development needs of startups operating in the cybersecurity sector.

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

Its findings will help shape a future grant scheme while providing authorities with a clearer understanding of the needs of companies active in the industry.

Grant Scheme Tied To European Cybersecurity Objectives

Implementation of the support programme will take place through the European N4CY2 project and is aligned with Regulation (EU) 2021/887, which focuses on strengthening cybersecurity capabilities, resilience and innovation across the European Union.

According to the DSA, feedback collected through the survey will contribute to the development of funding measures aimed at supporting the growth of cybersecurity startups.

Why Startup Participation Matters

Keve encouraged startups and other stakeholders to participate in the consultation process, noting that their input can help ensure future support measures reflect the realities and challenges faced by the sector.

Areas covered by the questionnaire include business development, innovation, operational challenges and future growth opportunities within the cybersecurity ecosystem.

Through direct feedback from market participants, the DSA aims to design a funding programme that is better aligned with the needs of emerging cybersecurity companies.

Survey Open Until June 26

Eligible businesses are being encouraged to complete the questionnaire and contribute to the consultation process before the scheme is launched. Responses will be accepted until June 26, 2026.

The chamber said the information submitted will be used exclusively for the design of the grant scheme and will be handled under strict confidentiality. Businesses interested in participating can access the questionnaire here.

The Future Forbes Realty Global Properties

Cyprus Fuel Prices Jump 20.5% As Energy Costs Rise Across The EU

Cyprus recorded a 20.5% year-on-year increase in the prices of fuels and lubricants for personal transport in May 2026, according to Eurostat data released on Monday.

The increase was broadly in line with the European Union average of 20.7%, with fuel and lubricant prices rising across all EU member states during the period.

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

Cyprus Tracks The EU Average

Among EU countries, the largest annual increases were recorded in Bulgaria (33.9%), Luxembourg (32.2%), Lithuania (30.8%) and Romania (30.4%). At the other end of the scale, Hungary registered the smallest increase at 3.5%, while annual growth ranged from 12.7% in Poland to 29.2% in France across the remaining member states.

Eurostat noted that fuel and lubricant prices generally declined across the EU until February 2026 before moving higher in subsequent months.

Diesel And Petrol Follow Different Paths

Across the European Union, diesel prices increased by 29% in May 2026 compared with the same month a year earlier, while petrol prices rose by 16.2%. Monthly trends, however, were more mixed. Between April and May 2026, diesel prices across the EU fell by 5.8%, whereas petrol prices increased by 0.8%.

In Cyprus, diesel prices declined by 1.5% over the same period. Although lower than in April, the decrease was less pronounced than in Germany (-11.9%), Greece (-8.5%), Estonia (-8.4%) and Ireland (-8.1%).

Petrol prices moved in the opposite direction, rising by 2.1% between April and May. A similar pattern was observed across much of the EU, with 23 member states reporting monthly increases. Italy recorded the largest monthly rise in petrol prices at 6.9%, while decreases were reported in Germany (-5.6%), Ireland (-2.0%) and Sweden (-0.7%).