9th cycle - activities

* Indicative Timelines **subject to completion of requirements of the startup program and obtain a satisfactory Pass Rate

• Opening of new call for Applications –
• Closing of acceptance of new applications – 16/02/2024
• First evaluation –
• 1st Formal Pitching of selected teams -
• Initiation of training sessions –
• 2nd Formal evaluation – Entry stage B –
• 1st tranche of seed funding** – July 2024
• 3rd Formal evaluation – November 2024
• 2nd tranche of seed funding – November 2024
• End of IDEA 9th cycle – 31/12/2024

Have an innovative IDEA?

Start-ups at IDEA enjoy the following benefits:

• €20.000 seed capital from the Bank of Cyprus
• Business creation training & mentoring from industry experts
• Consultation in legal, accounting, ICT & Marketing areas
• Business development opportunities, networking, access to investors
• Enthusiastic in-house staff, nurturing in-residence entrepreneurs
• Utilisation of fully equipped co-working spaces for 9 months
• Consultation and mentoring sessions, so that the startups can receive customized feedback and personalised guidance
• In cooperation with Amazon Web Services (AWS) we provide startups with low cost, easy to use infrastructure needed to scale and grow any size business.

8th cycle - activities

**subject to completion of requirements of the startup program and obtain a satisfactory Pass Rate

• Opening of new call for Applications – Early January
• Closing of acceptance of new applications – 24/02/23
• First evaluation – 01/03/23
• 1st Formal Pitching of selected teams – 08/03/23
• Initiation of training sessions – 16/03/23
• 2nd Formal evaluation – Entry stage B – Early June
• 1st tranche of seed funding** – July 2023
• 3rd Formal evaluation – November 2023
• 2nd tranche of seed funding** – November 2023
• End of IDEA 8th cycle – 31/12/2023