CyRIC, the certified Business Innovation Center (BIC) of Cyprus has been appointed as the local leader in Early Stage Investment Launchpad (ESIL) initiative in Cyprus.
Dr. Panagiotis Philimis
CEOSince 2017, as a local leader of ESIL, we have been trying to establish a framework both at a local and European level for capacity building for early-stage investors in Europe, facilitating the take up of Angel Investing, overcoming obstacles related to market outreach and engaging key actors e.g. entrepreneurs, unconventional early stage investors and crowdfunding. As CyRIC BIC we are proud to have an active role in this pan- European effort and of course as a vital element of the local ecosystem we are facilitating a series of events in Cyprus, workshops and presentations along with esteemed guests and other stakeholders of the ecosystem for the last 3 years.
For early stage entrepreneurial activity, Cyprus comes third among EU Member States. The share of adults that intend to start a business is higher than the EU average.
The most problematic factors are cited as access to funding opportunities and bureaucracy.
Cypriot innovative enterprises are the most active in the whole EC with the highest participation of SMEs per capita in Research and innovation projects (FP7 and H2020) and is ranked first in EU with a 40% of the Country’s Budget won by SMEs in competitive calls the last 10 years (average in Europe is 20%).
Cyprus in an excellent pull of talent with the youngest population workforce and 46% of them having at least one degree Local investors have a tendency to be more open in investing in real estate and/or tourism opportunities rather than technological and innovative products.
A tailor-made approach for each participating country
Face-to-face trainings with leading European angel investors and crowdfunders
A digital academy where you can learn from our best experts online, via the Euroquity platform
Webinars to increase your knowledge about angel investing and crowdfunding
Access to online and offline events with investors and crowdfunders across Europe
Access to a network of business angels across Europe
35
MEMBERS
6
TRAINING EVENTS
4
ANGEL STUDY VISITS
ESIL Cyprus Local Events
October 2018
Francesca Natale (META Group)
Knowledge Center
How ESIL empowers early stage investors
Andrea Di Anselmo
Tips for business angels #1
ESIL
Tips for Business Angels #2
ESIL
Tips for Business Angels #3
ESILNews
22/04/2020
Investor Insights: Impact Investing with investor and archaeologist Annegien Blokpoel
Contact Info
72, 28th Octovriou Avenue:
Office 301, Engomi
2414 Nicosia, Cyprus
Phone: +357 22 282828, +357 22 777200
Fax: +357 22 777260
Website: https://www.cyric.eu
Email: info@cyric.eu
Business Hours: Monday to Friday: 8am – 5pm
Office 301, Engomi
2414 Nicosia, Cyprus
Phone: +357 22 282828, +357 22 777200
Fax: +357 22 777260
Website: https://www.cyric.eu
Email: info@cyric.eu
Business Hours: Monday to Friday: 8am – 5pm