Skip to main content

The new call application for 2023 is now closed.

Thank you for your interest

8th cycle - activities

Indicative Timelines *

  • Opening of new call for Applications – Early January
  • Closing of acceptance of new applications – 24/02/23
  • First evaluation – 01/03/23
  • 1st Formal Pitching of selected teams – 08/03/23
  • Initiation of training sessions – 16/03/23
  • 2nd Formal evaluation – Entry stage B – Early June
  • 1st tranche of seed funding** – July 2023
  • 3rd Formal evaluation – November 2023
  • 2nd tranche of seed funding** – November 2023
  • End of IDEA 8th cycle – 31/12/2023
  • Expected 8th IDEA Graduation Ceremony – February 2024

*timelines may change based on needs or health restrictions, at the absolute discretion of IDEA Management

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

Have an innovative IDEA?

Start-ups at IDEA enjoy a total estimated worth of up to €60.000 in benefits:

  • €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
  • In cooperation with Amazon Web Services (AWS) we provide startups with low cost, easy to use infrastructure needed to scale and grow any size business.

7th cycle - activities

  • Opening of new call for Applications – 18/11/2021
  • Closing of acceptance of new applications – 20/02/2022
  • First evaluation – 24/02/2022
  • 1st Formal Pitching of selected teams – 09/03/2022
  • Initiation of training sessions – 15/3/2022
  • 2nd Formal evaluation – Entry stage B – 06/07/2022
  • 1st tranche of seed funding** – July 2022
  • 3rd Formal evaluation – November 2022
  • 2nd tranche of seed funding** – November 2022
  • End of IDEA 7th cycle – 31/12/2022
  • Expected 7th IDEA Graduation Ceremony – February 2023

*timelines may change based on needs or health restrictions, at the absolute discretion of IDEA Management

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

NEWSLETTER