RIF Secures €7.5 Million To Bolster Cyprus’ Research Enterprise

Government Endorsement And Strategic Investment

The Research and Innovation Foundation (RIF) has announced a landmark funding initiative with an additional allocation of €7.5 million for its new Open Access Research Infrastructures programme. This infusion of capital is aimed at elevating Cyprus’ research capabilities by facilitating the acquisition of advanced, specialised equipment for experiments and testing.

Enhancing Capabilities Through Open Access

The programme targets key research organisations, providing grants to purchase and install high-tech infrastructure equipment. By ensuring open access to these resources, the initiative is designed to stimulate both academic exploration and business innovation, laying a robust foundation for a thriving research ecosystem.

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Focused Investment And Strategic Timelines

With a total budget of €7,500,000 and maximum project funding of €500,000 per application, this programme is a critical component of the Recovery and Resilience Plan (RRP). Its execution is bound by a strict timetable, with the plan set to conclude in June 2026, underscoring the urgency and precision of these investments.

Call For Proposals

Applicants are invited to submit their proposals by July 1, 2025. For further information, interested parties may contact the RIF’s support service at 22205000 or via email at support@research.org.cy.

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EU Invests €79 Billion In Environmental Protection As Companies Lead Spending

by THEFUTURE.TEAM

June 29, 2026

European Union member states invested €79 billion in environmental protection assets in 2025, according to Eurostat, reflecting continued spending on infrastructure aimed at reducing environmental impacts and managing natural resources.

The investment represented 0.4% of the EU’s gross domestic product and 1.9% of total investment across the economy.

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Wastewater Treatment Receives The Largest Share

Wastewater treatment attracted the largest share of environmental protection investment, accounting for 37.7% of total spending. Waste management followed with 27.3%, while air and climate protection projects represented 11.2%.

Companies Lead Environmental Investment

Businesses accounted for €49.6 billion, or 62.7%, of total environmental protection investment. Spending focused on specialised technologies and equipment designed to reduce the environmental impact of production processes.

These investments included equipment to reduce air emissions, the construction and maintenance of wastewater treatment facilities, vehicles used for waste transport, and waste collection plants. Companies also invested in land for natural reserves and biodiversity protection.

Public Sector Provides The Remaining Investment

General government and non-profit institutions accounted for the remaining 37.3% of environmental protection investment.

Eurostat’s figures show that wastewater treatment, waste management and air and climate protection accounted for the largest share of environmental protection investment across the European Union in 2025.

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