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RIF launches €2 million fast track programme for Cypriot businesses

The Research and Innovation Foundation (RIF) on Monday announced a new call for proposals under its Fast Track Innovation programme. According to the announcement, the programme aims to support existing businesses that wish to invest in the development and commercialisation of innovative products and services. It has a total budget of €2 million. “The Fast […]



The Research and Innovation Foundation (RIF) launched a €2 million Fast Track Innovation programme to support Cypriot businesses in developing and commercializing innovative products and services. Eligible businesses must be active, have a minimum €200,000 annual turnover, employ at least four staff, and offer innovative products/services in testing/pilot stage. Maximum funding is €200,000 per project, with a 9-month duration. The proposal submission deadline is April 30, 2025. An online seminar will be held on March 14, 2025.

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