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.

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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.

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Only 1% Of Cyprus Farms Use Precision Farming Technologies

by THEFUTURE.TEAM

July 24, 2026

Cyprus remains one of the European Union’s least digitised agricultural economies, with just 1% of farms using precision farming technologies in 2023, according to Eurostat.

The findings come as the EU continues to encourage the adoption of digital tools aimed at improving agricultural productivity, efficiency and sustainability.

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Internet Access Expands, But Digital Uptake Lags

Internet access has improved across the bloc, although adoption remains uneven. Eurostat found that 43% of EU farms had internet access in 2023, with northern and central European countries leading the way.

Denmark, Germany, Slovakia, Latvia, the Czech Republic and Austria all reported internet access rates above 90%.

Greater connectivity, however, has not translated into widespread digital adoption. Farm management information systems, which help farmers manage day-to-day operations, were used by only about 11% of EU farms. France was a notable exception, with around 60% of farms using the technology.

Precision Farming Concentrated In Larger Operations

Robotics adoption also remained relatively limited, with only about 7% of EU farms using robotic technologies. Overall, around 18% of farms with utilised agricultural area employed at least one precision farming technology or practice in 2023.

These included robotics for plant protection, band spraying, variable-rate application, precision crop monitoring and soil analysis. Despite representing fewer than one in five farms, these holdings accounted for around 44% of the EU’s utilised agricultural area.

The figures suggest that precision farming remains concentrated among larger agricultural businesses, where investment in digital technologies is typically easier to support.

Cyprus Lags Behind EU Leaders

Luxembourg, Finland and Estonia recorded the highest shares of utilised agricultural area managed by farms using precision farming technologies, each exceeding 75%.

At the other end of the ranking, Cyprus recorded just 1%, while Greece and Romania reported between 10% and 15%. The results indicate that Cyprus remains at an early stage of digital adoption in agriculture, even as precision farming becomes more widespread across parts of the European Union.

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