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Sir Stelios Haji-Ioannou Elevates Bi-Communal Business Awards to €500,000

Empowering Cross-Community Entrepreneurship

Sir Stelios Haji-Ioannou is set to once again champion bi-communal economic collaboration in Cyprus, announcing the 16th edition of the Stelios Bi-Communal Awards for Business Co-operation with an increased total prize fund of €500,000. This prestigious accolade reaffirms Sir Stelios’ enduring commitment to fostering harmonious business relations between Greek Cypriot and Turkish Cypriot entrepreneurs.

Enhanced Financial Incentives for Sustainable Growth

In a strategic move to further strengthen cross-community partnerships, the award structure has been augmented for the second consecutive year. Eighteen entrepreneurs, organized into nine bi-communal teams, will compete for substantial financial backing designed to stimulate reinvestment, growth, and stability in their business ventures.

Structured Award Categories and Prize Distribution

The awards program delineates three categories of recognition. The Gold category allocates a total of €150,000, awarding €75,000 to each entrepreneur in a winning team. Two teams will share the Silver prize, receiving a cumulative €200,000, each member earning €100,000. Meanwhile, six teams competing for the Bronze award will see a combined allocation of €150,000, translating to €25,000 per team or €12,500 per entrepreneur.

A Clear Path to Application

Applications open on January 8, 2026, and will remain accessible until April 30, 2026. Interested candidates are invited to download the application form and submit the completed document via email to Marios Missirlis at the provided contact address. Eligibility extends to Greek Cypriot and Turkish Cypriot business owners with an annual turnover of at least €10,000 and a functioning business staff beyond the owner. Moreover, applicants must provide documentation substantiating joint business endeavors in both communities. Notably, past winners and previous applicants are encouraged to reapply.

A Celebration of Shared Vision and Prosperity

The winners will be announced by Sir Stelios on June 4, 2026, at the Head Offices of the Stelios Philanthropic Foundation in Nicosia. Sir Stelios emphasizes that these awards transcend mere financial incentives, embodying the transformative power of entrepreneurship to bridge historical divides and cultivate a forward-looking economic landscape in Cyprus.

A Legacy of Peace and Progress

Now marking 16 years of bi-communal cooperation, the Stelios Awards have grown to an impressive cumulative value of €5.3 million. They are a cornerstone in a suite of initiatives by the Stelios Philanthropic Foundation—an organization dedicated to supporting charitable causes and innovative ventures across Cyprus, Greece, the UK, Ireland, Monaco, and France. Alongside the Business Co-operation Awards, the Foundation also extends its support to young entrepreneurs and addresses critical social needs through programs such as the “Food from the Heart” initiative.

Conclusion

In backing these cross-community efforts, Sir Stelios Haji-Ioannou not only invests in business excellence but also promotes dialogue, shared responsibility, and peace. The enhanced prize fund serves not merely as a financial boost but as a powerful endorsement of the role that united, innovative efforts play in shaping a prosperous and cohesive Cyprus.

Digital Prosperity Awards 2027 Open To Cyprus Startups, SMEs And Public Sector Organisations

Overview

The Digital Cooperation Organization (DCO) has opened applications and nominations for the second edition of the Digital Prosperity Awards (DPA), recognising digital solutions, initiatives and partnerships that deliver economic and social impact.

Held under the theme “Building the Future, Today,” the awards aim to recognise projects that use technology to improve public services, support business growth, advance innovation and expand participation in the digital economy.

Applications and nominations close on 4 January 2027, with winners expected to be recognised at an awards ceremony in 2027.

Award Categories

The second edition features seven categories across three pillars, covering digital transformation, innovation, sustainability and social inclusion.

Digital Enablers

  • Public Sector Transformation: Implemented digital initiatives or policies that improve the accessibility, efficiency or quality of public services.
  • Cooperation: Partnerships that deliver measurable digital-economy outcomes through shared implementation, governance or resources.

Digital Innovation

  • Disruptive Solutions: Digital applications that introduce or significantly improve how people, organisations or markets operate.
  • Digital Public Goods: Open-source software, open data, open AI systems or open standards that meet recognised digital-public-good requirements and can be reused or adapted.

Digital Society

  • Sustainability: Digital initiatives supporting environmental protection, climate resilience or responsible resource management.
  • Equality and Inclusion: Solutions expanding meaningful digital access and participation for underserved or excluded communities.
  • Protecting Society: Digital initiatives or policies improving online safety, cybersecurity, trust or resilience while respecting applicable rights and safeguards.

Each of the seven categories will recognise two winners, one government and one non-government winner from a DCO Member State.

Flagship Awards

Alongside the category awards, three flagship prizes will recognise exceptional contributions to digital prosperity.

The DCO Member State Award recognises an outstanding contribution by an eligible SME, startup or civil society organisation that has won a category award and is based in a DCO Member State.

The DCO International Award recognises an eligible civil society organisation from either a DCO Member State or a country outside the organisation.

The Bridging the Gap Award recognises an eligible SME, startup or civil society organisation from a DCO or non-DCO Member State whose solution addresses a digital-economy gap identified through the DCO’s Digital Economy Navigator. Entries must demonstrate impact and the potential for scaling or replication.

The awards offer international recognition through the DCO’s platforms and networks. Further details of prizes and winner benefits will be announced by the organisers.

Who Can Apply

Applications are open to eligible organisations across the public, private and civil society sectors.

Potential applicants include government bodies, municipalities, public institutions, established companies, SMEs, startups, NGOs, foundations and other qualifying organisations.

Teams of at least two adults aged 18 or over may also apply with a jointly developed solution, provided they receive formal endorsement from an eligible institution, such as a university, research organisation, incubator, accelerator, company or public institution.

Organisations outside DCO Member States may also participate through specific international award pathways.

Eligible civil society organisations can apply through the relevant international stream, while other qualifying international non-government applicants may be considered for the Bridging the Gap Award, subject to the published requirements.

Eligibility And Selection Criteria

Applicants must submit a digital initiative, programme, partnership or solution that has already been implemented and produced evidence of results.

Digital technology must play a substantial role in delivering those outcomes. The awards therefore focus on demonstrated impact rather than concepts or proposals that have not yet been implemented.

Applications will be assessed against four main criteria: creativity and innovation; demonstrated performance and impact; social responsibility and sustainability; and collaboration and feasibility at scale. The selection process begins with administrative and eligibility screening, including independent reputational and integrity checks.

Eligible entries then progress through technical assessment and shortlisting, followed by evaluation by an international judging panel.

Shortlisted applicants will deliver a five-minute presentation, followed by a 10-minute Q&A. A separate cross-pillar assessment will determine the flagship prize winners.

How To Apply

Applications and nominations close on 4 January 2027. Participation is free of charge.

Applicants must register through the Digital Prosperity Awards platform, complete the application form in English and submit the required supporting information and evidence. An organisation or institutionally endorsed team may submit one application per category, but each application can be entered in only one category. Individuals and organisations can also nominate an eligible organisation through the official nomination form. Nominated organisations must subsequently complete the full application process to be considered for an award.

The awards ceremony is currently planned for March 2027, with the final date and venue to be announced.

Full eligibility requirements, category descriptions and application guidance are available on the official Digital Prosperity Awards website.

For enquiries, applicants can contact dpa@dco.org.

About The Digital Cooperation Organization

The Digital Cooperation Organization (DCO) is an international intergovernmental organisation established in 2020 to accelerate the inclusive and sustainable growth of the digital economy.

It brings together 16 Member States, including Cyprus, and works with governments, businesses, civil society and international organisations to advance digital cooperation, innovation and economic participation.

The Digital Prosperity Awards form part of its efforts to recognise initiatives delivering measurable improvements in digital access, economic opportunity and social development.

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