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Cyprus Industrial Funding Solutions

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CURRENT PROGRAMS - SUBSIDIES TO BE ANNOUNCED

2022 EU/ CYPRUS PROGRAMS FOR CYPRUS BUSINESSES AND FAMILIES

 

1.PRODUCTION AND AGRICULTURE BUSINESSES

 

2.  CYPRUS BUSINESSES OF ALL SIZES

  • Energy transformation (Expected to go live: 03.2022, budget Euro 40 million)

  • Digital transformation  (Expected to go live: 05.2022, budget Euro 10 - 20 million)

  • Circular economy (Expected to go live: end of 2022, budget Euro 13,3 million)

 

3. LARGE CYPRUS COMPANIES​

  • Production industry  (Expected to go live: 03.2022, budget Euro 40 million)

 

4. SMALL CYPRUS COMPANIES

  • Subsidy for the receipt of advisory services (Expected to go live: 09.2022, budget Euro 5 million)

 

5. PHYSICAL PERSONS (housing repairs, purchase of electrical equipment, etc)

  • Photovoltaic installations
  • Roofing thermal installation
  • Photovoltaic installation for charge of electric vehicle
  • Energy efficient housing

 

We will update these programs once the guides are available.

Closed: Ενισχυση Νεας Επιχειρηματικης Δραστηριοτητας «Θ.Αλ.Ε.Ι.Α» 2021-2027

New Entrepreneurship program is now open 06.2021

We strongly advice you to submit your applications by the end of July 2021 in order to increase your chances of success.

closed: ΣΧΕΔΙΑ ΝΕΑΣ ΠΡΟΓΡΑΜΜΑΤΙΚΗΣ ΠΕΡΙΟΔΟΥ 2021-2027 ΕνΙσχυση μικρομεσαΙων επιχειρΗσεων μεταποιητικοΥ τομΕα και Αλλων στοχευμΕνων οικονομικΩν δραστηριοτΗτων

New program for Manufactoring sector is now open 04.2021

We strongly advice you to submit your applications by the end of July 2021 in order to increase your chances of success.

Each year the government produces incentives for the acquisition of industrial equipment to help Cyprus businesses improve their factories and their establishments. These funding solutions could vary from Euro 100,000 – Euro 500,000 and are usually given in stages by the government after the company pays in advance a significant amount of the investment which is reimbursed at a later stage.

Investments Covered:

  • Creation of a New Businesses
  • Creation of Factories and Industrial Units
  • Acquisition of Plants & Machineries

If this is of interest to you please contact us to provide you with such solutions at: kt@cyprusaccountants.com.cy

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