Exciting EU Funding Opportunities for Women-Led Startups in Cyprus

by News Editor

June 12, 2025

Women-led startups in Cyprus have an exciting opportunity to access three major EU funding initiatives, offering not just financial support but also mentorship and global networking. The Cyprus Chamber of Commerce and Industry, coordinating the Enterprise Europe Network (EEN) Cyprus, has announced these programs designed to boost women entrepreneurs.

Explore the Women TechEU Programme

The Women TechEU programme targets early-stage, women-led deep tech startups in the EU. Eligible startups will receive a generous grant of €75,000, offering crucial support for business model development, market analysis, and scaling strategies. Applications are open until August 4, 2025.

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Compete for the Cartier Women’s Initiative Awards

Another notable initiative is the Cartier Women’s Initiative Awards. Established in 2006, this program supports women-led businesses with social or environmental missions. Winners can receive up to $100,000 in equity-free grants, plus a one-year fellowship loaded with executive coaching and networking opportunities. Apply by June 24, 2025.

Join the Open Horizons Programme

With three calls scheduled until 2027, the Open Horizons programme provides €55,000 in funding for startups, enabling collaborations with leading European corporations and industry experts. The first deadline is August 21, 2025.

These opportunities not only provide essential funding but also open doors to international partnerships and investor networks. EEN Cyprus encourages all eligible entrepreneurs to apply. For more details, visit een.ec.europa.eu and eencyprus.org.cy.

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Economist Calls For Hotel Incentives To Support Cyprus Tourism

by THEFUTURE.TEAM

March 16, 2026

Safeguarding Cyprus’ Reputation

Tassos Yiasemides said Cyprus must maintain its position as a stable destination for tourism and investment as regional tensions continue. He noted that the country’s economy is strongly influenced by external factors, making it sensitive to geopolitical developments.

Optimizing Hotel Operations

Yiasemides said policies that support hotel operations could help sustain tourism activity during periods of uncertainty. Incentives for hotels to remain open, even with reduced staffing levels, could help maintain visitor confidence. Christos Zannetou also stressed the importance of keeping hotels operating during winter months. Continuous activity supports Cyprus’s tourism image and helps maintain employment in the sector.

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Enhancing Economic Diplomacy And Inflation Controls

Yiasemides said Cyprus should strengthen economic diplomacy and tourism promotion to offset possible declines in visitor numbers from conflict-affected regions. Diversifying tourist markets could also reduce reliance on specific source countries.

Rising prices and higher energy costs remain additional challenges for the economy. The Cyprus Consumers Association has called for measures, including fuel subsidies, to support households and limit price pressures.

Addressing Energy Challenges And Long-Term Stability

Yiasemides also highlighted structural challenges in the energy sector. He said expanding renewable energy production and improving energy storage could strengthen supply stability. Other measures discussed include targeted support for vulnerable households and adjustments to certain consumption taxes. These steps could help mitigate the economic effects of higher energy and food prices. The proposals outline possible policy responses to current economic pressures affecting Cyprus.

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