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CYENS Kicks Off Its Pre-Accelerator Programme

The Pre-Accelerator Programme at CYENS has officially begun, offering a unique opportunity designed specifically for researchers to bridge the gap between innovative ideas and market-ready solutions.

“Tailored for CYENS researchers and guided by esteemed professors from the University of Cyprus, this programme is a pivotal step for those aiming to transform groundbreaking research into viable, impactful startups,” the post noted.

It also listed the following key benefits of the programme:

  • Structured Framework: The pre-accelerator provides a comprehensive framework, guiding researchers through crucial stages of commercialisation, from concept validation to business model development.
  • Experienced Mentors: Participants will engage with seasoned mentors who have successfully transitioned from research to entrepreneurship, offering invaluable insights to refine ideas, avoid common pitfalls, and expedite market entry.
  • Essential Resources: Researchers will gain access to funding opportunities, legal advice, and networking events—vital resources for turning research into successful ventures.
  • Skill Development: The programme enhances entrepreneurial skills through intensive workshops and training sessions covering business planning, market analysis, intellectual property management, and more.
  • Collaboration and Networking: Participants will connect with like-minded researchers and entrepreneurs, fostering collaborative projects, partnerships and co-founding opportunities to expand the impact of their research.
  • Visibility and Exposure: Researchers will have the chance to showcase their projects to potential investors, industry leaders, and strategic partners, attracting the support and resources needed to bring their innovations to market.
  • Industry Mentors: Starting in July, participants will be paired with industry experts who will guide them through the commercialisation process with real-life experiences and insights.

“This programme is essential for researchers looking to turn their innovative research into successful startups and is a testament to CYENS’ commitment to fostering entrepreneurship and innovation,” the post concluded.

Digital Transactions: A Green Approach To Finance In Cyprus

As Cyprus increasingly embraces digital transactions, the environmental benefits of this shift are becoming evident. A recent report highlights that digital payments significantly reduce the carbon footprint associated with traditional banking operations. By decreasing the reliance on physical branches, paper-based processes, and the transportation of cash, digital transactions are contributing to a more sustainable financial ecosystem. This transition is in line with global initiatives to combat climate change and underscores Cyprus’ commitment to promoting a cleaner, more efficient financial landscape.

Digital transactions are not only more convenient and efficient but also significantly less resource-intensive. Traditional banking often involves extensive paperwork, the use of physical infrastructure, and the transportation of money, all of which contribute to higher carbon emissions. In contrast, digital transactions streamline these processes, resulting in lower energy consumption and reduced waste.

The environmental advantages of digital transactions are complemented by their economic benefits. By lowering operational costs and enhancing transaction speed and security, digital payments provide a compelling case for broader adoption. This shift supports sustainable development goals and aligns with the global push towards greener, more resilient economies.

Furthermore, the widespread adoption of digital transactions in Cyprus is expected to drive innovation within the financial sector. With the integration of advanced technologies such as blockchain and artificial intelligence, the digital financial landscape is set to become even more efficient and secure. These innovations not only enhance user experience but also contribute to environmental sustainability by further reducing the need for physical resources.

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