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EIC and RIF Host Innovation Funding Info Day In Nicosia

EIC And RIF Host Info Day In Nicosia

The European Innovation Council (EIC) and the Research and Innovation Foundation (RIF) are spearheading an exclusive Info Day in Nicosia on February 18, 2026. This event is designed to offer a comprehensive overview of the EIC Work Programme, emphasizing the latest funding opportunities available to researchers and industry innovators alike.

Overview Of The Eic Work Programme

In a keynote plenary session, participants will receive a detailed briefing on the updated EIC Work Programme. The session will highlight both foundational elements and new developments, ensuring that stakeholders understand the full spectrum of available funding avenues.

Focused Sessions For Tailored Engagement

Following the plenary, the event will break out into two parallel sessions. One session focuses on the Pathfinder and Transition Calls, targeting researchers from academic institutions, research organizations, and companies. The other session is dedicated to the Accelerator and STEP Scale-Up Calls and introduces the Pre-Accelerator instrument, specifically designed for deep tech SMEs with advanced technologies. Attendees must select their preferred session during registration.

Interactive Discussions And Strategic Networking

This Info Day will feature direct dialogue with EIC representatives, inspiring success stories from EIC-funded projects, and a detailed exploration of the EIC Fund. An interactive Q&A session will further facilitate in-depth discussion, offering ample networking opportunities between academia and industry leaders.

Registration And Additional Details

The event will be held in English and is accessible free of charge to both academic and industry stakeholders. Detailed programme information, venue specifics, and registration procedures are available on the EIC registration website.

Cyprus Introduces €200 Million Support Measures To Cut Energy And Food Costs

Comprehensive Relief Measures For A Resilient Economy

The government of Cyprus introduced support measures exceeding €200 million to reduce household expenses and support key sectors. The package targets energy costs, food prices, tourism and agriculture. Measures come in response to rising costs and supply pressures. Implementation begins in April and May 2026.

Energy And Fiscal Reforms

The government will reduce VAT on electricity for households to 5% from May 1, 2026, to March 31, 2027. The measure is expected to lower energy bills. Special consumption tax on transport fuels will decrease by 8.33 cents per liter between April and June 2026. Policy targets fuel-related costs.

Broadening The Zero VAT Initiative

Authorities will expand the list of products with zero VAT. Meat, poultry and fish will be included from April 1 to September 30, 2026. Existing zero-VAT categories already include fruits and vegetables. The government also decided not to introduce a green tax on fuels, avoiding an additional cost of about 9 cents per liter.

Sector-Specific Supports

The package includes a 30% wage subsidy for hotel employees for April 2026. Measure supports tourism businesses during the early season. Support for airlines aims to maintain connectivity with key destinations. The agriculture sector will receive subsidies covering 15% of costs for fertilizers and supplies in April and May.

Economic Stability, National Security

President Nikos Christodoulidis said economic stability remains a priority for the government. He noted that growth, fiscal balance and inflation trends support current policy decisions. Statement links economic policy with broader national priorities. The government continues to monitor external risks.

Ensuring Consumer Protection

Furthermore, the government has mandated rigorous market oversight and intensified inspections to prevent exploitative pricing during this period of economic intervention. This proactive stance ensures that the benefits of the measures directly serve the citizens without unintended inflationary impacts.

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