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BOOST/1224
Details
Location:Cyprus
Funding agency:
Contracting authority: Research and Innovation Foundation/ Idryma Erevnas Kai Kainotomias
Contracting authority type:Grant-making Foundation / Charity
Quick summary
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Objectives: The "BOOST" Program, funded by the Research and Innovation Foundation (RIF) of Cyprus, aims to foster partnerships between innovative enterprises and private investors. The program is intended to support the scaling and international market penetration of companies with groundbreaking innovations. Eligible enterprises can receive RIF grants to fund up to 50% of private equity investments, with a cap of €300,000. This initiative seeks to enhance the competitiveness of Cypriot enterprises globally by facilitating strategic equity investments.
Eligibility criteria: The BOOST program is open to enterprises with operations in Cyprus that hold a valid Innovative Enterprises Certificate issued by the Deputy Ministry of Research, Innovation, and Digital Policy. Eligible applicants must have a legal...
Description
BOOST/1224 Short Description The Research and Innovation Foundation (RIF) announces the launch of its new blended finance scheme, “BOOST”. Certified Innovative Companies with a legally binding agreement for equity-based investment of at least 200,00 Euros
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