Cyprus businesses offered up to €100,000 for cybersecurity innovation

Nicosia, Cyprus. Existing businesses can seek grants worth up to €100,000 for each project through a new €1.5 million cybersecurity programme, the Cyprus Chamber of Commerce and Industry (Keve) said on Wednesday. The funding is intended to speed up the development of innovative products and services and their entry into the market.

Support for cybersecurity solutions

According to the announcement, the programme supports established enterprises in rapidly developing competitive cybersecurity solutions and bringing them to market. Eligible projects include innovative hardware, software and educational resources.

The educational resources are intended for students, operators of critical infrastructure and small and medium-sized enterprises (SMEs).

The Office of the Commissioner of Communications’ Digital Security Authority (DSA) announced the programme in collaboration with the Research and Innovation Foundation (RIF). The DSA acts as Cyprus’ designated National Cybersecurity Coordination Centre (NCC-CY).

Funding and applications

The announcement said the Republic of Cyprus and the European Union’s Digital Europe Programme jointly finance the scheme through the European project N4CY2, titled “Advancing the NCC-CY – The Next Chapter of the National Cybersecurity Coordination Centre of Cyprus”.

The proposal call opened on October 9, and the deadline for applications is December 8, 2026.

Businesses can consult the funding conditions and submit their proposals on RIF’s IRIS platform. The relevant call is available in the platform’s section listing calls for proposals.

NCC-CY and RIF will host an online information webinar on October 26 to outline the programme and give prospective applicants additional details.