Programme Category
Programme Name
Programme Description
The third Policy Axis aims to improve the competitiveness and resilience of the Cypriot economy. In addition to the other axes, it includes measures that contribute to the promotion of a new model of development and international competitiveness of the Cypriot economy, based on the results of the relevant study of the Cyprus Economy and Competitiveness Council.
Includes investments and reforms to expand the productive base by strengthening the primary and secondary sectors of the economy, improving competitiveness and the business environment, mainly by supporting small and medium-sized enterprises (SMEs), diversifying and strengthening the tourism product, modernizing public administration and local authorities, reform and improve the efficiency of the judiciary, fight corruption and enhance transparency, enhance research and innovation, and the resilience of the financial sector and the financial situation.
Identifier Code
Call
Summary
«Innovation Vouchers» Programme aims to encourage Small and Medium Enterprises (SMEs) to engage in research and innovation activities and to strengthen cooperation between enterprises and knowledge intensive organisations.
Detailed Call Description
«Innovation Vouchers» Programme, is a simple and effective instrument that will enable SMEs to realize the importance and benefits that could emerge from their involvement in research and innovation activities and, through the relevant cooperation, to exploit technical know-how from research and other knowledge intensive organisations that can support them to develop innovative products, services, processes (incl. the development of innovative solutions to address problems they face), while strengthening their capacity for research and innovation.
«Innovation Vouchers» Programme is characterized by a relatively simple proposal submission procedure, short timeframes for evaluation and announcement of results, as well as quick project implementation and direct problem solving.
For the establishment of the partnership, the RIF offers to interested SMEs, «Innovation Vouchers» which are «redeemed» by organisations that will provide them with specific innovation, technical or scientific services and know-how. The implementation of the projects is expected to have a positive impact on the competitiveness of the beneficiary enterprises.
Call Total Budget
Financing percentage by EU or other bodies / Level of Subsidy or Loan
100%
Thematic Categories
- Research, Technological Development and Innovation
Eligibility for Participation
- Small and Medium Enterprises (SMEs)
Call Opening Date
Call Closing Date
National Contact Point(s)
Research & Innovation Foundation
Partner Support Centre
Τelephone: 22205000
Email: support@research.org.cy