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.
The “Dual-Use Technologies” Program aims to promote the research and development of dual-use technologies for civilian-type applications, i.e. for commercial or even social, non-military purposes.
More specifically, the funded projects are expected to promote cooperation between stakeholders of the R&I ecosystem (enterprises or enterprises and research organisations) in order to jointly design activities for the development of new technologies and solutions in the fields of dual-use technologies, which are not serving military or defence purposes.
From the implementation of the Program, the following are expected:
The Programme concerns research and innovation projects targeting dual-use products, services and solutions, including software and technologies, , but may have military applications. Under the “Dual Use Technologies” Programme, only research and innovation activities focusing on civilian applications are eligible for funding. Projects with defence or military purposes shall not be funded.
Funded Projects are expected to be implemented by local consortia consisting of at least two organisations, one of which is an Enterprise while the other may be an Enterprise or a Research Organization (two Enterprises or an Enterprise and a Research Organization).
Other organisations may participate in the consortium, as deemed necessary for the better implementation of the project.
The proposals submitted should fall under the Thematic Priorities CALL FOR PROPOSALS (EN) see page 3-6
Maximum funding €388,500 per project.
BENEFICIARIES
The Host Organisation (HO) must be an Enterprise. (Β.1, Β.2, Β.3).
The consortium must include at least one Partner Organisation which can be an Enterprise or a Research Organisation.
Research Organisations (A), Enterprises (B) or Other Private Sector Organisations (C1) may participate as additional Partner Organisations.
It is noted that according the relevant Work Programme, in the cases where a minimum Consortium is required, it must consist of legal entities, independent of one another, none of them being under the direct or indirect control of the other or under the same direct or indirect control.
At least 50% of the project budget must be allocated to Enterprises (Type B) that participate in the Consortium.
Participation of STARTUP Companies is not allowed except for those with marketable products / services, with a record for sales and turnover and audited financial statements for at least two (2) years.
The participation of Foreign Research Organisations (FRO) is permitted.