The Research and Innovation Foundation (RIF) has launched a public consultation on Cyprus’ proposed research and innovation funding portfolio for 2028 to 2034, inviting stakeholders to weigh in before the November 2 deadline.
A Blueprint For The Next Investment Cycle
The consultation is designed to help shape the country’s next wave of support for research, innovation and technological development. RIF is seeking feedback from the research community, businesses, organisations and citizens through its online consultation tool, with the findings expected to inform the structure and priorities of the new funding framework.
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The proposed portfolio is intended to create a more coherent support system that can turn talent, knowledge, technology and ideas into measurable economic and social gains. In practical terms, it spans the full research and innovation value chain — from talent development and research excellence to infrastructure, knowledge transfer and the commercialisation of research outputs.
From Research Capacity To Market Impact
Beyond academia, the framework is also expected to support innovative entrepreneurship, strengthen innovation inside businesses, mobilise private investment and improve Cyprus’ international competitiveness. The broader objective is to help position the island economy as a higher-value, knowledge-driven hub.
RIF said the consultation is focused on the overall structure and intervention logic of the proposed portfolio, rather than the detailed design of individual funding programmes. Those programmes will be developed later and opened to separate public consultations.
The foundation has urged participants to consider the framework as a whole, rather than focusing narrowly on individual actions. The input collected during this stage will be used to refine the portfolio so it better reflects the needs of the wider research, technological development and innovation ecosystem.
Stakeholder Input Will Shape The Final Design
According to RIF, the consultation will also help determine the financial resources required to implement the portfolio throughout the 2028 to 2034 programming period. The final framework will be used to guide public support for research, technology development and innovation in Cyprus over much of the next decade.
The foundation said the success of the new programming period will depend on broad participation across the ecosystem. It is therefore encouraging researchers, businesses, organisations and citizens to submit their views before the consultation closes on November 2, 2026.
More information on the consultation is available here. RIF can also be found at research.org.cy.







