The Cyprus Ministry of Energy, Commerce and Industry has announced a major push to foster digital enhancement among local businesses. As part of the national initiative, Thaleia 2021–2027, a fresh round of the business digital upgrade scheme is now open for proposals.
A Hefty Investment in Technology
With a robust budget of €30 million dedicated to the scheme through this period, €14 million has been earmarked for the latest call for proposals. This initiative reflects the government’s commitment to integrating digital technologies in enterprise operations, primarily targeting businesses operating under the Republic of Cyprus’s supervision.
The submission window opens on May 20, 2025, at 09:00, remaining open until funds are depleted. Prospective applicants can find the application guide, necessary documents, and submission form here. For further inquiries, contact the ministry at 22867282, 22867284, or 22867149.
Get Inspired
Curious how digital evolution aligns with Cyprus’s broader technological and entrepreneurial strategies? Dive into our coverage on how AI is paving the way for innovation.
Doers Summit Expands To Dubai, Connecting Global Ecosystems
A signing ceremony was held in Dubai, attended by His Excellency Dr. Mohammed Al Zarooni, Executive Chairman of DIEZ, and Demetris Skourides, Chief Scientist for Research, Innovation & Technology at the Government of the Republic of Cyprus, underscoring government-level support for cross-border entrepreneurship and innovation.
“Hosting this renowned Summit with The Doers Company aligns with Dubai’s Economic Agenda D33 and our commitment to positioning Dubai as a global leader in economic and digital growth,” said Badr Buhannad, Deputy Director General of Dubai Silicon Oasis.
The Dubai edition aims to bring together over 3,000 participants, including startups, venture capital funds, and ecosystem leaders, catalysing cross-border collaboration and capital access while maintaining the Doers Summit’s experience-led format of high-impact networking, curated content, and actionable deal-making.
Reflect Festival Becomes Doers Summit: A Unified Vision for Global Doers
This expansion to Dubai comes at a pivotal moment for The Doers Company, as it unifies all its flagship events under a single global brand.
Since its inception in 2018, Reflect Festival has grown from a local gathering in Limassol into one of Europe’s leading technology and entrepreneurship events, welcoming over 50,000 founders, investors, and operators across Limassol, Athens, and city meetups throughout Europe. Now, Reflect Festival evolves into Doers Summit, aligning a vision to create a single, global gathering of doers that fosters meaningful connections and builds ecosystems where it matters most.
“Reflect Festival was close to many of us, but evolving it into Doers Summit was about clarity of purpose,” says Stylianos Lambrou, Co-founder and CEO of The Doers Company. “Now, we are building a global gathering that creates the partnerships and opportunities shaping what’s next.”
The move to Dubai marks a natural progression, connecting Europe, the Middle East, South Asia, and beyond while maintaining the experience-led approach that defines Doers Summit: curated content, high-impact networking, and real-world deal-making.
“This is more than scaling an event, it’s scaling a movement,” adds Dusan Duffek, Co-founder and Managing Partner at The Doers Company. “We’re creating moments of convergence where regions connect, ideas collide, and real deals happen.”
With Dubai, Athens, and Limassol now under the unified Doers Summit banner, The Doers Company is laying the groundwork for a truly global ecosystem where doers can continue to learn, connect, and build what’s next, together.
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