In this section you may find information on National Schemes published by the Cyprus Research and Innovation Foundation (formerly know as the Research Promotion Foundation – RPF).

The Research and Innovation Foundation (RIF), in the frame of its activities to develop a culture of knowledge transfer and commercial exploitation of research resulats, announces for the first time the “Cyprus Award for the Commercial Exploitation of Research Results”. Knowledge Transfer activity at national level makes a significant contribution to enhancing competitiveness, creating new jobs and contributing to the diversification, sustainability and vitality of national economies. This Award will provide a reward for young scientists who have demonstrated successful commercial exploitation of research results and seeks to motivate and encourage further development of knowledge transfer activities in the Cypriot ecosystem.

Award – Funding
The winner for each thematic area is announced during the Cyprus Research and Innovation Awards Ceremony, where the rationale for the decision for each area is also announced. Winners will receive a work of art, specially made for the Awards.

Moreover, the Young Researcher’s Host Organisation (HO) will be granted an amount of €60,000 for conducting research and development activities (TRL 4-8) to improve the commercial readiness of his/her research in a Host Organisation of his/her choice, as Project Coordinator, which should be used in the framework of a project of duration between twelve (12) and twenty four (24) months.

The signing of the Contracts must be completed up to 3 months from the date of the invitation to the Contract Preparation procedure. Otherwise, RIF reserves the right to terminate the Contract Preparation process.

In any case, the HO should be a Research Organization, Enterprise or Other Organization legally established and active in the areas under the control of the Republic of Cyprus.
It is expected that the winners of the Award will participate in events for the promotion of the “Cyprus Research Awards”

• Research, Technological Development and Innovation

• Educational Institutions
• Researchers/Research Centers/Institutions

Nominees- The nominated researchers should:

• hold a PhD degree on the announcement date of the Call,
• have a maximum of seven (7) years of experience since the completion of their PhD and up to the announcement date of the Call (between the 12th of May 2016 and the 12th of May 2023 inclusive),
• have demonstrated successful commercial exploitation of the results of his/her research in the field of Life Sciences or Physical Sciences and Engineering or Social Sciences and Humanities, as evidenced by a license or start-up which is developing the technology for a commercial application and has at least begun beta testing or the equivalent with intended end-users in terms of functionality, usability and reliability.

Extensions are possible under certain circumstances for career breaks for maternity or paternity leave, military service or documented sick leave.

The nominated researchers may be of any nationality and must have been working in any Research Organization, Enterprise or other Public or Private Entity legally established and active in the areas under the control of the Republic of Cyprus.

The researchers should be nominated by another person. There is no restriction on the number of young researchers a person or organization may nominate for the Award.
Individuals who have already been awarded under the “Cyprus Research Award – New Researcher” can not apply again.

Research and Innovation Foundation

Τelephone: +35722205000
Email: support@research.org.cy

• https://iris.research.org.cy/#!/calls