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Cyprus Business Grants Finder
Browse 19 active and recently active grant programmes for businesses in Cyprus. Filter by sector, company size, and status.
Sector
Company Size
Status
Showing 19 of 19 programmes
ARIF — Restart and Recovery Innovation Fund
Research and Innovation Foundation (RIF)
Max Grant
€200K
Coverage
50%
Supports R&D-driven businesses to develop innovative products, services and processes. Funded under the Recovery and Resilience Plan.
Eligibility
Cyprus-registered SMEs, startups and research organisations. Must have a Cyprus TIC and be operating for at least 12 months.
Deadline
Rolling / ongoing
Company sizes
IDEA — Business Idea Competition for Startups
Research and Innovation Foundation (RIF)
Max Grant
€50K
Coverage
80%
Pre-seed funding for innovative business ideas. High coverage rate of up to 80%. Primarily targets tech and deep-tech startups.
Eligibility
Early-stage startups and entrepreneurs at concept or MVP stage. At least one founder must be resident in Cyprus.
Deadline
Rolling / ongoing
Company sizes
INNOVATE — Innovate for Competitiveness
Research and Innovation Foundation (RIF)
Max Grant
€1.0M
Coverage
50%
Supports innovation and technology transfer. Up to €1M for collaborative R&D projects between businesses and research organisations.
Eligibility
Cyprus-registered SMEs with a demonstrable R&D component and market readiness. Partnerships with research institutions preferred.
Deadline
2025-09-30
Company sizes
MECIT Digital Transformation Subsidy
Ministry of Energy, Commerce and Industry (MECIT)
Max Grant
€100K
Coverage
50%
Supports SME digitisation: ERP systems, e-commerce, cybersecurity, cloud adoption and digital marketing investments.
Eligibility
Cypriot SMEs pursuing digital transformation. Must be registered and operating in Cyprus.
Deadline
Rolling / ongoing
Company sizes
MECIT Green Business Programme
Ministry of Energy, Commerce and Industry (MECIT)
Max Grant
€200K
Coverage
40%
Incentivises environmentally responsible business practices: energy audits, renewable energy installation, waste reduction, sustainable supply chains.
Eligibility
Cyprus-registered businesses investing in green practices, energy efficiency, and circular economy. All sizes eligible.
Deadline
2025-12-31
Company sizes
Renewable Energy Subsidy Scheme (RES)
Cyprus Energy Regulatory Authority (CERA)
Max Grant
€500K
Coverage
30%
Feed-in tariff and capital grants for renewable energy installations. Part of Cyprus's National Energy and Climate Plan (NECP) targets.
Eligibility
Businesses installing solar PV, wind, biomass or other RES systems in Cyprus. Commercial and industrial applications.
Deadline
Rolling / ongoing
Company sizes
INTERREG Med — Blue Mediterranean Platform
EU INTERREG Mediterranean Programme
Max Grant
€300K
Coverage
85%
Cross-border cooperation for sustainable development in the Mediterranean. Covers blue economy, sustainable tourism, and climate resilience.
Eligibility
Organisations in EU Mediterranean coastal regions (including Cyprus). Requires a transnational project partnership with at least 3 countries.
Deadline
2026-03-31
Company sizes
INTERREG VI-A Greece-Cyprus 2021-2027
EU INTERREG Greece-Cyprus Programme
Max Grant
€500K
Coverage
80%
Joint Greece-Cyprus programme covering smart growth, green transition, cross-border cooperation and cultural/tourism development.
Eligibility
Organisations in Cyprus and eligible Greek regions. Partnership with Greek counterpart required. Public bodies, NGOs, research orgs and businesses eligible.
Deadline
2025-10-15
Company sizes
Cyprus SME Competitiveness Grant
Deputy Ministry of Research, Innovation and Digital Policy
Max Grant
€250K
Coverage
45%
Broad competitiveness support for Cypriot SMEs. Covers equipment, process improvement, certification, quality management and market access.
Eligibility
SMEs registered and operating in Cyprus for at least 2 years. Must demonstrate impact on competitiveness, exports or employment.
Deadline
2025-11-30
Company sizes
Agri-Food Innovation Fund (AIFUND)
Ministry of Agriculture, Rural Development and Environment
Max Grant
€150K
Coverage
60%
Supports innovation in Cyprus's agri-food sector: precision farming, food safety, organic certification, vertical farming and export development.
Eligibility
Agricultural businesses, food processors and agri-tech startups. Must be operating in Cyprus with activities in primary production or processing.
Deadline
Rolling / ongoing
Company sizes
Rural Development Programme — Business Support
Ministry of Agriculture, Rural Development and Environment (EAFRD)
Max Grant
€400K
Coverage
50%
EU-funded rural development support. Covers diversification of agricultural activity, agro-tourism, rural infrastructure and village business development.
Eligibility
Businesses and agricultural holdings in rural areas of Cyprus. Strong preference for projects that create local employment.
Deadline
Rolling / ongoing
Company sizes
Tourism Competitiveness and Sustainability Grant
Deputy Ministry of Tourism
Max Grant
€300K
Coverage
40%
Supports tourism product quality improvement, sustainability certification, accessible tourism investment, and digital marketing for Cyprus tourism businesses.
Eligibility
Hotels, agro-tourism operators, tour operators and hospitality businesses registered in Cyprus. Minimum 2 years of operation.
Deadline
2025-08-31
Company sizes
Horizon Europe — EIC Accelerator
European Innovation Council (European Commission)
Max Grant
€2.5M
Coverage
70%
The EU's flagship deep-tech startup funding programme. Up to €2.5M grant + up to €15M equity investment. Highly competitive (3-5% success rate).
Eligibility
Deep-tech startups and scale-ups from EU member states (including Cyprus). Must target breakthrough innovation. Open to individuals and incorporated companies.
Deadline
Rolling / ongoing
Company sizes
Horizon Europe — SME Instrument (Step 1)
European Innovation Council (European Commission)
Max Grant
€50K
Coverage
100%
€50K feasibility study grant for SMEs with breakthrough ideas. 100% coverage. Good entry point into EU innovation funding ecosystem.
Eligibility
EU SMEs with innovative high-growth potential. Cyprus-registered entities are fully eligible. No partnership requirement for Phase 1.
Deadline
Rolling / ongoing
Company sizes
Digital Economy and Society Investment Plan
Deputy Ministry of Research, Innovation and Digital Policy
Max Grant
€75K
Coverage
60%
Vouchers and grants for micro-businesses to adopt digital tools: websites, accounting software, digital payments, online marketing and cybersecurity.
Eligibility
Micro and small businesses investing in digital tools. Businesses must be registered and operating in Cyprus.
Deadline
2026-06-30
Company sizes
Employment Incentive Scheme — Hiring Support
Human Resources Development Authority (HRDA)
Max Grant
€30K
Coverage
50%
Subsidy of up to 50% of wages for 6-12 months when hiring unemployed or disadvantaged workers. Also covers training costs.
Eligibility
Cyprus-registered businesses hiring unemployed persons or persons from vulnerable groups. Valid employment contract required.
Deadline
Rolling / ongoing
Company sizes
HRDA Training Grants for Employers
Human Resources Development Authority (HRDA)
Max Grant
€20K
Coverage
60%
Reimburses up to 60% of approved training costs. Covers external courses, certifications, language training and professional development programmes.
Eligibility
All Cyprus-registered employers with at least one employee. Training must relate to business operations and be approved in advance.
Deadline
Rolling / ongoing
Company sizes
EIF — COSME Loan Guarantee Facility
European Investment Fund / Bank of Cyprus
Max Grant
Varies
EIF-backed loan guarantees that reduce collateral requirements for SME lending. Accessed through Cypriot banks — ask your bank about EU-backed SME loan products.
Eligibility
SMEs in Cyprus seeking business loans. Access via participating banks (Bank of Cyprus, Hellenic Bank). No minimum operation period.
Deadline
Rolling / ongoing
Company sizes
InvestCyprus Incentive Package
Invest Cyprus (Cyprus Investment Promotion Agency)
Max Grant
Varies
Package of fiscal incentives, fast-track licensing, and support services for foreign direct investment into Cyprus. Tailored by sector and investment size.
Eligibility
Foreign investors and international companies establishing or expanding operations in Cyprus. Various incentives available depending on investment size and sector.
Deadline
Rolling / ongoing
Company sizes