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The Innovation & Entrepreneurship Center of the Bank of Cyprus

The Innovation & Entrepreneurship Center encompasses the following institutions:

  • IDEA Innovation Center an incubator-accelerator for startups and an entrepreneurship hub for Cypriot young entrepreneurs
  • Business Academy that promotes funding mechanisms, commercialization activities, consultation and EU programs

IDEA Innovation Center was founded in 2015 as an incubator-accelerator for startups and an entrepreneurship hub for Cypriot young entrepreneurs.

Today IDEA is the largest, non-profit, comprehensive organization in Cyprus which forms a cluster of private and public partnerships to support startups and innovative Small and Medium-sized Enterprises (SMEs).

It hosts startup companies offering them the highest quality of training and services, so as to turn their innovative ideas into viable businesses with a global outlook. Specifically, it provides aspiring entrepreneurs all the tools to gradually turn their idea into a profitable business.

The Business Academy (BA) emerged following the identification on the need for a focused academy for the financial well-being of Bank of Cyprus’s customers during these difficult times.

The role of the BA is to offer interactive activities such as workshops, lectures, trainings and events promoting Business literacy, Financial literacy, Digital transformation, Customer innovation, Extroversion in foreign markets, Funding mechanisms, Commercialization – matching and Consultation.

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