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.

The Future Forbes Realty Global Properties

The Rocks Project Advances Through Licensing Process In Pentakomo

by THEFUTURE.TEAM

June 5, 2026

Overview Of The Ambitious Development

A large tourism development in Pentakomo is moving through the licensing process. Known as The Rocks Project, the proposal includes a hotel, villas, apartments and a beach club along the coast east of Limassol.

Strategic Location And Broader Impact

Located along the coastal corridor between Limassol and Zygi, the project would form part of the wider Governor’s Beach area. The site is situated near several state and energy infrastructure facilities, including the Evangelos Florakis Naval Base in Mari, making it subject to additional planning and regulatory considerations.

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Master Plan And Key Infrastructure

Situated within the administrative boundaries of Pentakomo, the development is planned for the coastal area of Argaki Tou Mavrou. The project is being promoted by DRL5COMOS Properties Ltd and is supported by an environmental impact assessment prepared by P. Nikolaidis & Associates Ltd. The assessment is available for public consultation until July 3, 2026.

According to the master plan, operations are expected to begin in 2029. Plans include a 14,000-square-metre hotel with 126 rooms, a 900-square-metre spa and wellness centre, restaurants and dining facilities, 26 villas, 73 apartments and penthouses, and a 1,050-square-metre beach club with indoor and outdoor leisure areas. Parking facilities for 240 vehicles are also included in the proposal.

Integration With The Existing Landscape

The development plan allocates 12% of the site to public green space and includes an internal road network. Project documents indicate that several existing structures, including the Kalymnos Fish Tavern and current beach facilities, would be demolished as part of the redevelopment.

Regulatory And Institutional Considerations

The licensing process is ongoing and includes consultations with relevant local and government authorities. Comments submitted by the Ministry of Defence have not been made public due to the site’s proximity to the naval base. Those observations are expected to be reviewed by the environmental impact assessment committee during closed sessions.

Conclusion

With its carefully structured vision and strategic positioning, The Rocks Project promises to be a significant catalyst for economic and social growth in eastern Limassol. As it advances through the regulatory process, stakeholders remain focused on ensuring that this landmark development meets the highest standards of design, sustainability, and community integration.

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