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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.

Keve To Host Round Table On Working Carers And New Care Subsidy Scheme In Nicosia

The Cyprus Chamber of Commerce and Industry (Keve) will bring together policymakers, employers and social partners in Nicosia on September 29, 2026, for a round-table discussion on one of the workplace’s most pressing but often overlooked challenges: how employees with care responsibilities can remain fully engaged in work while supporting a family member in need.

A Growing Workplace Priority

The discussion will focus on workers who care for an elderly relative, a person with a disability or another family member requiring assistance. As populations age and care needs rise, the pressure on employees to balance professional obligations with informal caregiving is becoming a significant issue for businesses, public authorities and society at large.

For employers, the question is no longer whether care responsibilities affect the workplace, but how to respond in a way that supports retention, productivity and employee wellbeing.

What The Event Will Cover

Organised as part of Keve’s participation in the European CareDivide project, the round table will provide a forum for information-sharing, discussion and the exchange of practical experience on the realities facing working carers.

A key theme will be the need for a better balance between professional and personal life for employees who provide unpaid care. The event will also examine how employers, public authorities and other relevant organisations can better address the needs of this workforce segment.

Care Subsidy Scheme To Be Presented

Phanos Kouroufexis, senior officer at the Welfare Benefits Administration Service of the Deputy Ministry of Social Welfare, will present the Care Services Subsidy Scheme during the session.

His remarks will outline the support available to people who require care, their families and informal carers. The presentation will be followed by an open discussion and question-and-answer session, allowing participants to raise practical concerns and learn more about available forms of support.

Policy Ideas And Workplace Solutions

The round table will also present policy proposals developed through the CareDivide project and explore concrete ways in which businesses, public administration and social partners can help create more accommodating workplaces for employees with care responsibilities.

That includes approaches that can reduce the strain on workers who must navigate deadlines, schedules and family care obligations simultaneously—an issue that can affect attendance, engagement and long-term labour market participation.

Who Should Attend

The event is aimed at employers, human resources professionals, policymakers, public authorities, social partners, non-governmental organisations and researchers, as well as anyone with an interest in employment, equality and care.

Participation is free. Keve said the session is intended to encourage the exchange of information and practical approaches that could contribute to a more supportive working environment.

Event Details

The discussion will be held in Greek on Tuesday, September 29, 2026, from 10 a.m. to noon at the Keve building in Nicosia.

Interested participants can register through this registration link until September 25, 2026.

Keve is part of the consortium behind the CareDivide project, which is co-funded by the European Union through the Citizens, Equality, Rights and Values (CERV) programme. The initiative is being implemented in Cyprus, Greece, Italy, Romania and Spain.

The broader significance is clear: workers who provide informal care are increasingly central to the conversation about labour force participation, workplace flexibility and social support. As care demands grow, the ability to combine employment with caregiving will remain a practical test for both employers and policymakers.

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