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Cyprus Emerges As Fastest Growing Startup Ecosystem Globally

Cyprus has achieved a significant milestone by being recognised as the fastest-growing startup ecosystem globally, ranking within the top 50 countries for the first time in the Startup Blink Global Startup Ecosystem Index 2024. The country climbed nine positions to secure the 45th spot, thanks to the vibrant startup environments in Limassol, Nicosia, Larnaca, and Paphos.

Strategic Efforts and Recognition

Nicodemos Damianou, the Deputy Minister for Research, Innovation and Digital Policy, hailed this achievement as a testament to Cyprus’ commitment to fostering innovative entrepreneurship. Eli David Rokah, CEO of Startup Blink, praised Cyprus for its effective policies that have incentivised rapid ecosystem growth.

Cyprus’ ascent in the global startup rankings underscores its potential as a regional innovation and technology hub. The government’s ongoing support for innovative policies is expected to sustain and accelerate this growth trajectory.

Starbucks Wins ‘Best Workplace / Employer Of Choice At The 18th IN Business Awards

Starbucks was recently awarded the ‘Best Workplace / Employer of Choice’ award at the 18th IN Business Awards in Greece — a recognition that reflects the company’s philosophy and its ongoing investment in its people.

This distinction confirms Starbucks’ commitment to creating a work environment defined by respect, collaboration, inclusivity, and equal opportunities for all. Starbucks consistently fosters a culture that encourages growth, authenticity, and participation since people are always at the center.

“At Starbucks, our success is rooted in our people. This recognition is a testament to our team’s dedication to nurturing a space where everyone can express themselves, grow equally, and deliver exceptional experiences to our customers,” said Pambis Anastasis — District Manager of Starbucks, who received the award.

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Through modern development and employee support practices, Starbucks meaningfully invests in the continuous training and empowerment of its workforce, offering learning opportunities, mentorship, and career advancement at every stage of their journey.

The company also promotes an inclusive workplace where every employee feels a sense of belonging, can express themselves freely, and grow equally. This approach is a core element of Starbucks’ identity and is reflected both in the company’s internal culture, and in the experience it delivers to customers.

Winning at the prestigious IN Business Awards is a great honor for Starbucks and serves as a strong affirmation that its people are always at the heart of every step it takes.

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