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Cyprus Chamber Champions Bold Funding Opportunity For Women-Led Deep-Tech Ventures

Empowering Innovation In Green, Agri, And Climate Tech

The Cyprus Chamber of Commerce and Industry, also known as Keve, is spearheading a transformative funding initiative aimed at bolstering women-led deep-tech startups. As the coordinating body for the Enterprise Europe Network in Cyprus, the Chamber is launching WE-RISE Open Call 2, a program specifically crafted to nurture innovative ventures in the GreenTech, AgriTech, and ClimateTech sectors.

Strategic Investment For Sustainable Growth

Funded under Horizon Europe, the WE-RISE initiative dedicates a total budget of €600,000 to empower startups developing advanced technological solutions with significant environmental impact. With a clear focus on scalability, this open call is set to select 20 women-led tech startups from EU Member States and Horizon Europe associated countries, giving special preference to ventures from moderate and emerging innovator regions, including Cyprus.

Two-Phase Acceleration Model

The program unfolds in two distinct phases. The initial Nurture Phase is a three-month intensive period during which each selected startup receives a €5,000 grant. This phase is designed to fortify strategic planning through tailored business coaching, specialized training, and the development of a comprehensive Strategic Action Plan, culminating in participation in critical investor meetings.

Successful candidates from this stage may advance to the Bloom Phase, where up to 10 startups will be awarded an additional €50,000 grant. This subsequent phase focuses on accelerating product development, market expansion, and executing robust strategic growth activities.

Clear Eligibility And Application Guidelines

To qualify, startups must be women-led with key leadership roles, such as CEO, CTO, or CSO, occupied by a woman. Eligible entities must operate within the GreenTech, AgriTech, or ClimateTech sectors and have been legally established in an EU Member State or a Horizon Europe associated country before January 1, 2025. Applicants are also required to meet at least one transversal criterion, such as achieving a significant product-market fit or securing a minimum funding threshold of €300,000.

Interested startups should create a profile on the EuroQuity platform and join the WE-RISE Greenhouse Community. The formal application, which must be submitted in English, is open from December 4, 2025, until the final deadline at 17:00 CET on February 12, 2026. Detailed information can be found on the WE-RISE Open Call 2 page.

Driving Commercial Impact Through Strategic Support

This well-structured initiative not only provides vital financial support, but also offers the strategic expertise necessary for these startups to scale effectively. The dual-phase approach—combining initial empowerment with subsequent acceleration—ensures that promising ventures are well-equipped to succeed in a competitive global market, reinforcing Cyprus’s emerging role as a hub for innovation.

Digital Prosperity Awards 2027 Open To Cyprus Startups, SMEs And Public Sector Organisations

Overview

The Digital Cooperation Organization (DCO) has opened applications and nominations for the second edition of the Digital Prosperity Awards (DPA), recognising digital solutions, initiatives and partnerships that deliver economic and social impact.

Held under the theme “Building the Future, Today,” the awards aim to recognise projects that use technology to improve public services, support business growth, advance innovation and expand participation in the digital economy.

Applications and nominations close on 4 January 2027, with winners expected to be recognised at an awards ceremony in 2027.

Award Categories

The second edition features seven categories across three pillars, covering digital transformation, innovation, sustainability and social inclusion.

Digital Enablers

  • Public Sector Transformation: Implemented digital initiatives or policies that improve the accessibility, efficiency or quality of public services.
  • Cooperation: Partnerships that deliver measurable digital-economy outcomes through shared implementation, governance or resources.

Digital Innovation

  • Disruptive Solutions: Digital applications that introduce or significantly improve how people, organisations or markets operate.
  • Digital Public Goods: Open-source software, open data, open AI systems or open standards that meet recognised digital-public-good requirements and can be reused or adapted.

Digital Society

  • Sustainability: Digital initiatives supporting environmental protection, climate resilience or responsible resource management.
  • Equality and Inclusion: Solutions expanding meaningful digital access and participation for underserved or excluded communities.
  • Protecting Society: Digital initiatives or policies improving online safety, cybersecurity, trust or resilience while respecting applicable rights and safeguards.

Each of the seven categories will recognise two winners, one government and one non-government winner from a DCO Member State.

Flagship Awards

Alongside the category awards, three flagship prizes will recognise exceptional contributions to digital prosperity.

The DCO Member State Award recognises an outstanding contribution by an eligible SME, startup or civil society organisation that has won a category award and is based in a DCO Member State.

The DCO International Award recognises an eligible civil society organisation from either a DCO Member State or a country outside the organisation.

The Bridging the Gap Award recognises an eligible SME, startup or civil society organisation from a DCO or non-DCO Member State whose solution addresses a digital-economy gap identified through the DCO’s Digital Economy Navigator. Entries must demonstrate impact and the potential for scaling or replication.

The awards offer international recognition through the DCO’s platforms and networks. Further details of prizes and winner benefits will be announced by the organisers.

Who Can Apply

Applications are open to eligible organisations across the public, private and civil society sectors.

Potential applicants include government bodies, municipalities, public institutions, established companies, SMEs, startups, NGOs, foundations and other qualifying organisations.

Teams of at least two adults aged 18 or over may also apply with a jointly developed solution, provided they receive formal endorsement from an eligible institution, such as a university, research organisation, incubator, accelerator, company or public institution.

Organisations outside DCO Member States may also participate through specific international award pathways.

Eligible civil society organisations can apply through the relevant international stream, while other qualifying international non-government applicants may be considered for the Bridging the Gap Award, subject to the published requirements.

Eligibility And Selection Criteria

Applicants must submit a digital initiative, programme, partnership or solution that has already been implemented and produced evidence of results.

Digital technology must play a substantial role in delivering those outcomes. The awards therefore focus on demonstrated impact rather than concepts or proposals that have not yet been implemented.

Applications will be assessed against four main criteria: creativity and innovation; demonstrated performance and impact; social responsibility and sustainability; and collaboration and feasibility at scale. The selection process begins with administrative and eligibility screening, including independent reputational and integrity checks.

Eligible entries then progress through technical assessment and shortlisting, followed by evaluation by an international judging panel.

Shortlisted applicants will deliver a five-minute presentation, followed by a 10-minute Q&A. A separate cross-pillar assessment will determine the flagship prize winners.

How To Apply

Applications and nominations close on 4 January 2027. Participation is free of charge.

Applicants must register through the Digital Prosperity Awards platform, complete the application form in English and submit the required supporting information and evidence. An organisation or institutionally endorsed team may submit one application per category, but each application can be entered in only one category. Individuals and organisations can also nominate an eligible organisation through the official nomination form. Nominated organisations must subsequently complete the full application process to be considered for an award.

The awards ceremony is currently planned for March 2027, with the final date and venue to be announced.

Full eligibility requirements, category descriptions and application guidance are available on the official Digital Prosperity Awards website.

For enquiries, applicants can contact dpa@dco.org.

About The Digital Cooperation Organization

The Digital Cooperation Organization (DCO) is an international intergovernmental organisation established in 2020 to accelerate the inclusive and sustainable growth of the digital economy.

It brings together 16 Member States, including Cyprus, and works with governments, businesses, civil society and international organisations to advance digital cooperation, innovation and economic participation.

The Digital Prosperity Awards form part of its efforts to recognise initiatives delivering measurable improvements in digital access, economic opportunity and social development.

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