Funding information

Eurostars funding information in Cyprus

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Cypriot SMEs wishing to participate in a Eurostars consortium, should contact Research Innovation Foundation (RIF) for information regarding funding opportunities and national funding regulations.

The RIF funds R&D costs for SMEs participating in the national Eurostars programme. Participation of a Cypriot SME is compulsory.

Participation of startups is not allowed except for those with marketable products/services, with a record for sales and turnover and audited financial statements for at least two (2) years.

Funding Intensity for SMEs is up to 70% of their total project costs.

The maximum funding amount is a grant of 200,000 euro per project for the Cypriot participants. The amount can be increased to 250,000 euro if the transnational Project Consortium is led by a Cypriot Innovative SME.

Project duration is between 12-36 Months.

Each Enterprise can receive funding from the RIF for a maximum of two Projects in the frame of Eurostars Programme during the 2021-2027 period.

Cypriot large compaies wanting to participate in a Eurostars consortium, should contact the Research Innovation Foundation (RIF) for information regarding funding opportunities and national funding regulations.

The RIF funds R&D costs for large companies participating in the national Eurostars programme, provided that an SME is participating. Up to three (3) organisations may participate in the Cypriot consortium.

Funding Intensity for large companies is up to 65% of their total project costs.

Cypriot universities or research organisations wanting to participate in a Eurostars consortium, should contact the Research Innovation Foundation (RIF) for information regarding funding opportunities and national funding regulations.

The RIF funds R&D costs for public universities and research organisations participating in the national Eurostars programme, provided that an SME is participating. Up to three organisations (3) may participate in the Cypriot consortium.

Funding Intensity for public universities and research organisations is up to 100% of their total project costs.

Contact your national funding body