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Business · Cyprus
Cyprus launches new funding tools for SMEs and startups
2 sourcesFirst reported 25 days agoUpdated 25 days ago
Center 50%
Right 50%
1 center1 right-leaning
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What all sources covered
- The government of Cyprus plans to launch a public development body for SMEs.
- The Cyprus Business Development Organisation will offer various financing instruments including loans and grants.
- A swift parliamentary approval of legislation is needed before July 9 to secure EU funding.
- The new body aims to address financing gaps faced by eligible businesses in Cyprus.
- It will promote access to finance, competitiveness, and innovation.
2 sources
Who reported first
PhilenewsFirst
In-Cyprus+1h
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