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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.

Celestyal Cruise Line Revives Mediterranean Operations Amid Strategic Maritime Transit

Celestyal Cruises has returned its two main vessels, Celestyal Discovery and Celestyal Journey, to the Mediterranean following transit through the Strait of Hormuz and the Suez Canal. The return allows the company to proceed with its summer schedule, with sailings from Athens set to begin on May 1.

Strategic Passage And Operational Coordination

The cruise line reported that both vessels completed their critical transit with distinction, enabled by a well-executed plan that prioritized crew safety and meticulous coordination with international authorities. Celestyal’s operations team, led by industry veteran Captain George Koumpenas, collaborated with regional governments and even received oversight from the US Navy, ensuring a secure journey during uncertain times.

Revitalized Itineraries And Commercial Response

With both ships back in operation, the company is resuming its summer programme. Scheduled sailings include a three-night “Iconic Greek Islands” itinerary starting May 1 on Celestyal Discovery and a seven-night cruise covering Greece, Italy, and Croatia from May 2 on Celestyal Journey. Following a temporary slowdown in bookings, the company is preparing targeted pricing and promotional initiatives to support demand during the peak season, with planning also extending into the autumn period.

Leadership Insights And Future Outlook

Lee Haslett, Chief Commercial Officer at Celestyal, said the return of the vessels has supported booking activity. He noted that weekly business volumes have increased, reflecting improving customer confidence. While short-term demand has been affected, the company expects conditions to stabilize, supported by financial resources and travel partner networks.

Coordinated Maritime Collaboration

Close coordination with other cruise operators defined the return journey, with planning carried out in advance to support a controlled and secure transit. Celestyal Journey participated in a convoy of international vessels, contributing to an organized passage through key maritime corridors. This coordinated approach enabled operators to manage risks collectively and maintain operational continuity during a period of heightened regional uncertainty.

Experienced captains and operational crews played a central role, ensuring alignment across vessels and strict adherence to safety protocols throughout the transit. With both ships now back in service and a revised commercial approach in place, Celestyal Cruises is positioned to continue its summer programme while adapting to current market conditions.

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