Cyprus Launches De Minimis Sponsorship Plan to Accelerate Global Market Penetration

by THEFUTURE.TEAM

December 2, 2025

Government Initiative Aims to Empower Cypriot Exporters

The Cypriot government has taken a decisive step to boost the international competitiveness of its local businesses. The Cabinet recently approved the new De Minimis Sponsorship Plan, designed to support Cypriot companies participating in international trade exhibitions where the Ministry of Energy, Commerce and Industry (MEIC) operates a government booth. The initiative, proposed by Minister George Papanastasiou, is poised to drive Cypriot producers into new markets.

Strategic Investment to Enhance Global Outreach

With a targeted budget of €1,700,000 allocated for 2026, the plan seeks to strengthen the international presence of Cypriot companies involved in manufacturing and product trading. The overarching goal is to increase exports and assist these enterprises in penetrating competitive global marketplaces. This strategic investment is expected to empower businesses to achieve sustainable growth, resonating with similar international initiatives that have successfully deepened market reach.

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Eligibility and Submission Guidelines

Eligibility for the scheme extends to companies and officially recognized Producer Groups and Organizations operating in the industrial processing and trading sectors—including those in allied service industries. Notably, the government clarifies that participation is contingent on the timely receipt of applications. Companies are eligible to apply individually via direct submission, by registered mail, or private courier between November 28, 2025, and December 19, 2025. Late submissions beyond December 19, 2025, will be considered untimely and will not be reviewed.

Global Trade Fairs on the Horizon

The approved sponsorship plan will facilitate participation in a series of high-profile international trade fairs. Key events include the Industrial Products Exhibition in Athens (May 8-10, 2026); Food and Beverage exhibitions in Dubai (January 26-30, 2026); and notable exhibitions in Düsseldorf (March 15-17, 2026), Paris (October 17-21, 2026), and Berlin (February 4-6, 2026). These events represent well-timed opportunities for Cypriot businesses to showcase their products on a global stage.

This government-backed initiative is a clear indication of Cyprus’s commitment to fostering economic growth through enhanced international trade. It underscores a forward-thinking approach where strategic public investments catalyze private sector success on global platforms.

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Cypriot SMEs And Startups To Engage With Global Innovators At MWC Open Innovation Challenge 2026

by THEFUTURE.TEAM

January 30, 2026

Invitation For Strategic Collaboration

The Enterprise Europe Network (EEN) Cyprus, in partnership with the local Chamber of Commerce, has extended a distinguished invitation to small and medium‐sized enterprises and startups to participate in the MWC Open Innovation Challenge 2026. This significant initiative, organized by ACCIÓ, a key department within the Catalan Government’s Ministry of Enterprise and Labour, is set to attract industry leaders and emerging innovators alike.

Global Forum For Innovation

The event is designed to convene corporates, investors, and technology providers in a dynamic setting to co-create solutions addressing real-world technological challenges. Participants will have the opportunity to connect during the MWC and 4YFN Barcelona congress, where breakthrough ideas and collaboration strategies will be spotlighted.

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Flexible Participation Formats

Attendees can choose from physical, online, or hybrid formats tailored to their schedules and business objectives. The in-person B2B engagements are scheduled to occur from March 2, 2026, to March 5, 2026, at the 4YFN Congress in Barcelona, specifically at the ACCIÓ Stand in Hall 8. These sessions, structured as focused 30-minute meetings, are exclusively reserved for corporate representatives presenting challenges and technology providers offering strategic solutions.

Digital Engagement For Global Reach

For those unable to travel, online B2B meetings will be facilitated via the b2match platform from March 9, 2026, to March 13, 2026. This digital format ensures that participants, including Cypriot startups, can seamlessly connect with large international companies and public entities eager to explore innovative technologies.

Streamlined Registration And Matchmaking

The challenge is open to technology and solution providers free of charge. Interested businesses must register on the platform by completing a comprehensive company profile. This profile should include a succinct pitch, a professional biography, and a detailed outline of the firm’s technological capabilities. Registration is limited to one participant per company, although additional representatives are welcome to attend the B2B meetings. Once validated, participants can begin scheduling meetings based on corporates’ published challenges, with final acceptance determined by the respective corporates.

Business-Driven Agenda

Participants will receive a personalized meeting agenda through the digital platform, ‘My Schedule’, which will detail all confirmed meeting times and sessions. This structured approach ensures that every interaction is geared toward harnessing commercial potential and driving actionable collaborations.

The MWC Open Innovation Challenge 2026 represents a landmark opportunity for Cypriot enterprises to forge key international partnerships and propel forward-thinking technological solutions. For further details and to register as a technology or solution provider, please visit the official registration page.

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