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.