Cyprus has made significant strides in its journey towards digital transformation and green innovation in 2024, primarily by leveraging €1.2 billion from the European Recovery and Resilience Plan. This substantial investment is primarily allocated to enhance energy efficiency and expand the use of renewable energy, thereby facilitating the digital transition of businesses. In light of this, initiatives such as the IDEA Innovation Centre and Cyprus Seeds are proving to be pivotal. They are not only nurturing startups but are also bridging the gap between academia and market needs. These programmes are central to Cyprus’ ambition to emerge as a leading innovation hub in the Eastern Mediterranean. Furthermore, the development of technology parks, which offer state-of-the-art facilities to businesses specialising in IT, life sciences, and energy, is accelerating this growth. A noteworthy example is the planned technology park in Larnaca, which epitomises Cyprus’ strategy to attract foreign investment. This strategy capitalises on its strategic location, business-friendly environment, and attractive tax incentives. Simultaneously, the government is committed to supporting the digital transformation of small and medium-sized enterprises (SMEs) through initiatives such as the Digital Upgrade. These programmes provide essential funding for the adoption of digital tools like e-commerce platforms and automated […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
