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Chief Scientist’s Roadmap To Make Cyprus A Regional Research And Innovation Hub by 2035

In a bold vision for Cyprus, Chief Scientist Demetris Skourides presented a comprehensive roadmap to establish Cyprus as a regional hub for research, innovation, and technology by 2035. The strategy, developed through extensive consultation with over 650 stakeholders, aims to streamline processes, enhance transparency, and improve the overall research and innovation ecosystem.

Key initiatives include the introduction of a new grants management system by 2025 to reduce administrative burdens and promote scientific work and commercialization. The roadmap also emphasises the importance of public-private partnerships, with recent programs increasing collaboration between research organisations and industry.

Cyprus has maintained its 10th position in the European Innovation Scoreboard for three consecutive years, reflecting the country’s growing innovation capacity. This is supported by significant funding increases, with €177.25 million allocated for competitive funding between 2021-2027, a 34% rise from the previous period.

Public universities and research institutes have been pivotal in securing prestigious European Research Council grants, showcasing Cyprus’ research excellence. Notably, improvements in the operations of the Research and Innovation Foundation have significantly reduced the average time to pay and contract processing times.

Furthermore, the strategy includes targeted funding for research excellence, collaboration, innovation, and infrastructure. Specific focus areas include ICT, green transition, energy, shipping, agrifood, health, advanced materials, and environment.

Skourides also highlighted the importance of international collaborations, citing recent engagements with Japanese and international organisations to foster global partnerships. The roadmap sets a clear path for Cyprus to enhance its research and innovation landscape, positioning the country as a leader in the region by 2035.

New Decrees For Blue Card And Foreign Students: Key Changes And Implications

The Ministry of Labor and Social Insurance has announced a series of new measures aimed at addressing the increasing demands of Cyprus’ labor market. These initiatives are designed to attract highly skilled professionals from third countries and broaden employment opportunities for foreign students in select fields, as outlined in the recent Decrees published in the Official Gazette of the Republic.

Attracting Skilled Professionals

One of the key updates is the introduction of a minimum annual salary for foreign professionals, which has been set at €43,632, 1.5 times the average gross annual salary in Cyprus. This salary threshold applies to individuals coming to work in sectors such as Information and Communication Technologies (ICT), pharmaceuticals for research purposes, and maritime industries (excluding skippers and crew).

Expanded Employment Options For Foreign Students

The new regulations also provide an update on the employment rights of foreign students. From December 2024, students from third countries will be able to work in Cyprus, with the new rules replacing the previous March 2024 start date.

Students studying ICT who have completed their first academic semester will be eligible to work in occupations related to their field of study, thereby gaining practical experience while pursuing their education.

In response to critical sector shortages, the regulations also clarify the specific occupations and salaries that Blue Card holders—third-country nationals—will be eligible for in Cyprus. The Blue Card, in line with the European Directive, allows highly skilled professionals to live and work in EU member states.

Strengthening The Labor Market and Economy

These updates are expected to bolster the supply of specialized workers in key sectors, addressing existing gaps and promoting the continued growth of Cyprus’ economy. At the same time, the new measures offer foreign students enhanced opportunities for professional development, facilitating their seamless integration into the country’s workforce.

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