Breaking news

RIF Unveils €45.3 Million In 2025 Funding Calls To Boost Innovation

The Research and Innovation Foundation (RIF) has announced its main funding calls for 2025, with a total budget exceeding €45.3 million. The funding aims to strengthen Cyprus’ research and innovation ecosystem through targeted programs supporting business innovation, knowledge transfer, and international collaboration.

For the first time, RIF will provide funding for establishing production lines for innovative products and developing AI-driven solutions to address public sector challenges. Additionally, the Fast-Track Innovation program will accelerate the commercialization of new products and services.

Funding Priorities

The 2025 funding programs align with RIF’s five strategic pillars:

  • Research
  • Knowledge Transfer and Collaboration
  • Innovation
  • Internationalization
  • Infrastructure and Capabilities

Planned Calls by Quarter

Q1 2025

  • Innovate
  • Seed
  • Innovation Support Structures
  • New Product Development – Capacity Building
  • STEP – Setting up facilities and production lines for manufacturing innovative products/services
  • Fast-Track Innovation
  • European Partnership – EUROSTARS
  • Vision ERC
  • Horizon Europe – 2nd Opportunity – MSCA
  • AI in the Public Sector
  • R&I Internships
  • Events Sponsorships

Q2 2025

  • Research in Enterprises (ENTERPRISES)
  • Proof of Concept
  • Excellence Hubs (EXCELLENCE)
  • Post-Doc Fellowships
  • Cybersecurity Capability Enhancement

Q4 2025

  • BRIDGE2HORIZON

Further details on funding eligibility, proposal submissions, and deadlines are available on the RIF website.

SEC Drops Lawsuit Against Gemini: A Major Turning Point In Crypto Regulation

SEC Dismisses Legal Action Against Gemini

The Securities and Exchange Commission has formally withdrawn its lawsuit against Gemini, the prominent crypto exchange founded by twins Cameron and Tyler Winklevoss. The move follows a joint court filing in which both the regulator and Gemini sought dismissal of the case that centered on the collapse of the Gemini Earn investment product, a debacle that left investors without access to their funds for 18 months.

Settlement And Regulatory Reassessment

In a significant development, a 2024 settlement between New York and Gemini ensured that investors recovered one hundred percent of their crypto assets loaned through the Gemini Earn program. The legal reprieve comes on the heels of actions initiated by New York Attorney General Letitia James, who accused Gemini of defrauding investors.

Political Backdrop And Industry Implications

This dismissal reinforces a broader trend of regulatory leniency toward the crypto sector noted during the Trump administration, which saw the SEC dismiss, pause, or reduce penalties in more than 60 percent of its pending crypto lawsuits. Meanwhile, Gemini’s recent public offering filing underscores its ambitions to solidify its status as a major player in the evolving digital asset market.

The Future Forbes Realty Global Properties
Uol
Aretilaw firm
eCredo

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter