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Exciting EU Funding Opportunities for Women-Led Startups in Cyprus

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.

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.

EU Moderates Emissions While Sustaining Economic Momentum

The European Union witnessed a modest decline in greenhouse gas emissions in the second quarter of 2025, as reported by Eurostat. Emissions across the EU registered at 772 million tonnes of CO₂-equivalents, marking a 0.4 percent reduction from 775 million tonnes in the same period of 2024. Concurrently, the EU’s gross domestic product rose by 1.3 percent, reinforcing the ongoing decoupling between economic growth and environmental impact.

Sector-By-Sector Performance

Within the broader statistics on emissions by economic activity, the energy sector—specifically electricity, gas, steam, and air conditioning supply—experienced the most significant drop, declining by 2.9 percent. In comparison, the manufacturing sector and transportation and storage both achieved a 0.4 percent reduction. However, household emissions bucked the trend, increasing by 1.0 percent over the same period.

National Highlights And Notable Exceptions

Among EU member states, 12 reported a reduction in emissions, while 14 saw increases, and Estonia’s figures remained static. Notably, Slovenia, the Netherlands, and Finland recorded the most pronounced declines at 8.6 percent, 5.9 percent, and 4.2 percent respectively. Of the 12 countries reducing emissions, three—Finland, Germany, and Luxembourg—also experienced a contraction in GDP growth.

Dual Achievement: Environmental And Economic Goals

In an encouraging development, nine member states, including Cyprus, managed to lower their emissions while maintaining economic expansion. This dual achievement—reducing environmental impact while fostering economic activity—is a trend that has increasingly influenced EU climate policies. Other nations that successfully balanced these outcomes include Austria, Denmark, France, Italy, the Netherlands, Romania, Slovenia, and Sweden.

Conclusion

As the EU continues to navigate its climate commitments, these quarterly insights underscore a gradual yet significant shift toward balancing emissions reductions with robust economic growth. The evolving landscape highlights the critical need for sustainable strategies that not only mitigate environmental risks but also invigorate economic resilience.

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