Open Calls

Idea Innovation Centre Launches 11th Startup Programme To Empower Emerging Entrepreneurs

by THEFUTURE.TEAM

November 26, 2025

Innovative Gateway To Business Success

The IDEA Innovation Centre of Bank of Cyprus has opened applications for its 11th Startup Programme, inviting visionary entrepreneurs to transform breakthrough ideas into thriving businesses. Applications are being accepted until February 13, 2026.

Nurturing Scalable Ideas

Recognized as Cyprus’ premier hub for innovation and business support, IDEA is seeking teams that are developing novel products or services or innovating novel solutions to persistent challenges. To qualify, applicants must consist of at least two dedicated team members and demonstrate that their concept holds the potential to scale beyond local borders through advanced technology.

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Comprehensive Support And Funding

The programme spans nine intensive months, merging robust funding with structured support. Participating startups will receive seed capital of €20,000 and undergo rigorous business-creation training designed to establish and optimize operational frameworks. Complementary services include expert mentorship from industry leaders, as well as legal, accounting, marketing, and ICT advisory, ensuring founders are well-equipped to navigate the competitive business landscape.

Strategic Networking And Investment Opportunities

In addition to foundational training, the programme facilitates access to business-development resources such as networking events and introductions to angel investors. Over the past decade, IDEA has evolved into a cornerstone of the Bank of Cyprus’ long-term commitment to fostering entrepreneurship, having supported the launch of 100 startups and assisted over 260 entrepreneurs in transforming early-stage ideas into established ventures.

Driving Economic Growth

The initiative is a strategic investment aimed at stimulating economic growth and harnessing local talent. Many alumni have successfully secured both local and international investment, expanded their operations globally, and generated more than 120 jobs, underscoring the tangible impact of a well-supported entrepreneurial ecosystem.

The Future Forbes Realty Global Properties

Drakos DMC Launches Exclusive Scholarship To Cultivate Future Tourism Leadership

Overview Of The Scholarship Initiative

Drakos DMC, a prominent destination management company operating across Cyprus and Greece, has announced a strategic scholarship opportunity aimed at nurturing emerging talent in the tourism industry. This initiative offers a full scholarship for a Master of Science in Tourism Management at the Cyprus University of Technology (Tepak), valued at €5,125.

Scholarship Details And Eligibility

The award targets final-year students and recent graduates up to 24 years of age who hold degrees in tourism, business administration, marketing, or related areas. Candidates are expected to demonstrate excellent academic performance and must be permanent residents of Limassol. For undergraduate tourism students, the scholarship may also apply to postgraduate studies in complementary fields.

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Commitment And Career Advancement

A unique feature of this scholarship is its linkage to immediate professional integration. The successful candidate is required to commence full-time employment with Drakos DMC while pursuing the postgraduate degree and to continue with the company for an additional 30 months upon completion. Applications can be submitted by contacting Drakos DMC through their careers email, accompanied by a current curriculum vitae.

Application Process And Timelines

Prospective candidates must apply for the master’s program between February and April 2026. The full terms and conditions of the scholarship will be outlined in close coordination with the Cyprus University of Technology.

About Drakos DMC

Renowned for its premium travel experiences, Drakos DMC specializes in incentive travel, conference management, corporate events, and the design of integrated programs for international organizations. Their comprehensive approach, which spans strategic planning through to on-the-ground execution, underlines their status as a leader in the tourism management sector.