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European Enterprise Promotion Awards Winners!

And the European winner is…. Cyprus!!!….
And the winner in “Investing in Entrepreneurial Skills” is … Cyprus!!!…
And out of 29 countries, the winner is STILL 🇨🇾 Cyprus!!!


Collaboration with Government

We collaborate very closely with the government and receive their explicit support for common initiatives (i.e. delegations, events) pursuing our common goal. Also, we provide them with the front-line’s feedback (from the startups) towards a regulations reform and legislative changes to further support innovation in the country.

Collaboration with Embassies and Private Sector

We collaborate with the above to import knowledge from their innovation ecosystems, organise events with speakers or mentors from their countries, to train our startups or our staff in their institutions and develop exchange programs for our startups.

Cybersecurity Cyberdefence Hackathon

The amazing 56-hours Cybersecurity Cyberdefense Hackathon came to an end. 14 teams and more than 90 contestants and mentors participated in a vibrant event organized by 𝐈𝐃𝐄𝐀. The brilliant, sophisticated and scientific ideas presented made the Judges’ task very difficult: 𝟏𝐬𝐭 𝐩𝐫𝐢𝐳𝐞: Equally to 𝐕𝐞𝐫𝐚𝐜𝐢𝐭𝐲 with a mechanism to detect, analyse and rectify fake news and 𝐄𝐱𝐨𝐜𝐨𝐞𝐭𝐢𝐝𝐚𝐞, a safety system (software & hardware) against malicious USB sticks. 𝟐𝐧𝐝 𝐩𝐫𝐢𝐳𝐞: Equally to 𝐈𝐜𝐚𝐫𝐮𝐬 with a drone application that analyses an area using a commercial drone and a mobile app and 𝐍𝐄𝐓𝐫𝐋 with a secure encrypted chatting application tailored made against interceptions. 𝟑𝐫𝐝 𝐩𝐫𝐢𝐳𝐞: 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐋𝐨𝐠𝐢𝐜 with a riffle shooting simulator for training purposes that replaces the need to use real gunfire.

European Enterprise Promotion Awards

Cyprus is at the European finals!!!
We are excited to announce that Cyprus made it to the finals of the European Commission’s competition: #EuropeanEnterprisePromotionAwards! Having surpassed 260 applications from 29 countries, IDEA is now among the 3 finalists, proudly representing Cyprus!
We hold our breath until next Tuesday evening at #Helsinki! All the best Cyprus. All the best IDEA!!
See the European Commission’s announcement here:…/eepa-2019-shortlist/

EU India Innovation Partnership

🇨🇾 🇪🇺 🇮🇳 15 European countries including #Cyprus and 15 innovation centers from India, working intensively on innovation partnerships under the auspices of the European Commission, EU in India

Websummit 2019

Trip to Israel 2019

Another field trip at Tel Aviv and DLD Tel Aviv Innovation Festival is completed. Wealth of new experiences is brought in, from everyone acquainted with this distinct culture blend which combines innovation, history and so much more… With the largest Cyprus delegation ever, 10 new startups plus stakeholders and Government officials had a face-to-face meeting with new technologies, investors and the opportunity to create synergies with Israeli startups.
Thank you #Startups for giving us hope for the future! DLD Tel Aviv Innovation Festival, we’ll be back!

Formal cooperation agreement between IDEA and OEB

We are delighted to announce that IdeaCy and OEB – Ομοσπονδία Εργοδοτών & Βιομηχάνων, signed a formal cooperation agreement, under which OEB will offer to the young, aspiring entrepreneurs of IDEA, mentoring, training and networking! The cooperation between the two institutions is expected to strengthen the Cypriot business ecosystem by facilitating the more rational development of new innovative businesses. The agreement was signed by Dr. Charis Pouangare and Mr. George Petrou.

Graduation Ceremony 2019

With deep emotions and pride, we held the Graduation Ceremony of our statups after our 3rd cycle on January 24th… We warmly wish all the best to our Graduates, who will always be in our Alumni family and in our hearts…
We are all now, ready to welcome the new aspiring entrepreneurs for 2019, to grow this family even bigger and even stronger…
Apply now at
Thank you Bank of Cyprus, Israel in Cyprus, Logicom Distribution, Zorbas Bakeries, Innovation-Leo Burnett, Lellos P. Demetriades Law Office LLC, CIIM – Cyprus International Institute of Management, Cyta, Deloitte

Trip to Israel 2018