10th cycle - activities

* Indicative Timelines **subject to completion of requirements of the startup program and obtain a satisfactory Pass Rate

• Call for Applications Opens - 18 Nov 2024
• Application Deadline - 14 Feb 2025
• First Evaluation - 26 Feb 2025
• Initial Pitching of Selected Teams - 12 Mar 2025
• Training Sessions Begin - 19 Mar 2025
• Second Evaluation (Entry Stage B) - Jun 2025
• First Tranche of Seed Funding - Jul 2025
• Third Evaluation - Nov 2025
• Second Tranche of Seed Funding - Nov 2025
• Completion of IDEA 10th Cycle - 31 Dec 2025

Have an innovative IDEA?

Startups at IDEA Benefit From:

• €20.000 seed capital from the Bank of Cyprus
• Business creation training & mentoring from industry experts
• Consultation in legal, accounting, ICT & Marketing areas
• Business development opportunities, networking, access to investors
• Enthusiastic in-house staff, nurturing in-residence entrepreneurs
• Utilisation of fully equipped co-working spaces for 9 months
• Consultation and mentoring sessions, so that the startups can receive customized feedback and personalised guidance

9th cycle - activities

* Indicative Timelines **subject to completion of requirements of the startup program and obtain a satisfactory Pass Rate

• Opening of new call for Applications –
• Closing of acceptance of new applications – 16 Feb 2024
• First evaluation – 28 Feb 2024
• First Formal Pitching of selected teams - 06 Mar 2024
• Initiation of training sessions – 13 Mar 2024
• 2nd Formal Evaluation - Entry Stage B - mid-June 2024
• 1st tranche of seed funding** – July 2024
• 3rd Formal evaluation – November 2024
• 2nd tranche of seed funding – November 2024
• End of IDEA 9th cycle – 31 Dec 2024