Insider Business IDEA Innovation Centre wins gold and silver awards

IDEA Innovation Centre wins gold and silver awards

Bank of Cyprus’, IDEA Innovation Centre was awarded the Gold Award in the category ‘Excellence in Partnership’ for its cooperation with the local community/state and the Silver Award in the ‘Cause Advocacy’ category during the Cyprus Responsible Business Awards 2019.

IDEA has evolved into the largest, most integrated and non-profit Innovation Centre in Cyprus. It has succeeded, through a network of partnerships with universities, government and private entities, both in Cyprus and abroad, to bring all stakeholders together and support young people from the idea stage to the sales, investment and expansion stage.

The Innovation Centre supports every year new start-up SMEs: It undertakes to guide and help young people from the idea stage and leads them to the stage of sales, investment and expansion abroad, creating new jobs, promoting Cyprus abroad, and at the same time identifying finance opportunities and angel investment.

IDEA puts trust in our young people and is consciously working to change the culture of the Cypriot society towards innovation and entrepreneurship, building their confidence in their own abilities to make Cyprus a regional innovation hub.

Within its mission, it promotes youth and female entrepreneurship, provides opportunities for people with mobility or other disabilities, and supports women entrepreneurs – mothers of young children in their entrepreneurial journeys.

IDEA also develops a culture of volunteering and ‘giving back’ to the society, approaching well-known, successful businesspeople and organizations. The incubator now has an impressive network of partnerships with mentors, trainers, companies, local and international state agencies.

Since its inception, IDEA has supported 48 start-ups, contributing to youth employment and the Cypriot economy.

Crucial to the above success was and is the support from the Bank of Cyprus and other valuable partners.

 

Top Stories

Headmaster Lambon: The English School still a leader in education (PHOTOS)

The English School has always been an innovator with a reputation as a leader in education but the coronavirus pandemic has proved it is...

Brexiteer Nigel Farage steps down as leader of Reform UK

Brexit campaigner Nigel Farage late on Saturday said he would step down as the leader of Reform UK, the rebranded Brexit Party he launched...

Meghan and Harry to lift lid on royal split in Oprah interview

A highly anticipated Oprah Winfrey interview with Prince Harry and his wife Meghan airs on U.S. television later on Sunday, amid what one royal...

EU’s Reynders: Cyprus can no longer sell passports through citizenship schemes

Cyprus can no longer sell passports through citizenship schemes, EU Commissioner for Justice Didier Reynders told Sunday’s Phileleftheros in an exclusive interview. And it should...

Mostly sunny on Sunday, some cloud in the afternoon

Mostly sunny on Sunday with increased cloud coverage in the afternoon, according to the Mediterranean island’s Met Service. Winds will be light to moderate, force...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...