Announcement of the 3rd call for applications for the Grants Scheme to Enhance Business Activity in the Walled City of Nicosia

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Programme Category

National Grant Schemes

Programme Name

Programmes of the Ministry of Interior

Programme Description

In this section you can find information on National Grant Schemes which are being published by the Ministry of Interior.

 

Programme Details

Call

Announcement of the 3rd call for applications for the Grants Scheme to Enhance Business Activity in the Walled City of Nicosia

Summary

The main objectives of the Plan are to attract new businesses to the walled city of Nicosia, to encourage existing businesses to move to the Plan’s application areas, to encourage businesses already operating in said areas to expand their existing facilities, the social and economic upgrading of the area, the upgrading of the built environment with the contribution to the circular economy and green development, the attendance of citizens from all over Cyprus and from the entire urban area of Nicosia, and the creation of new jobs.

Detailed Call Description

Further details in the Greek text and in the following links:

Call Total Budget

The Plan is financed by the State Budget of the Republic of Cyprus. The total amount will be €10 million for the period 2022-2026 (€2 million/year). This budget may be modified.

Financing percentage by EU or other bodies / Level of Subsidy or Loan

60%

Maximum amount of €80.000 per project

Thematic Categories

  • Natural and Cultural Heritage
  • New Entrepreneurship
  • Rehabilitation of Architectural Heritage
  • Small-Medium Enterprises and Competitiveness

Eligibility for Participation

  • Associations
  • Legal Entities
  • Natual person / Citizen / Individual
  • Other Beneficiaries
  • Small and Medium Enterprises (SMEs)

Eligibility For Participation Notes

Further details in the Greek text.

Call Opening Date

29/04/2024

Call Closing Date

29/11/2024

National Contact Point(s)

Department for Town Planning and Housing

Person to Contact:

Elena Hrodotou
Τelephone: 22409838
Email: eherodotou@papd.mof.gov.cy