PRESS RELEASE – RIF: 10 proposals for Disrupt programme

1 December 2023

 

RIF: 10 proposals for Disrupt programme

New closing date set for 22 March 2024

 

Due to the increased interest in submitting proposals to the Disrupt programme, the Research and Innovation Foundation (RIF) is pleased to announce to the research, innovation and technology ecosystem a new additional deadline for the Disrupt programme, whose second deadline successfully closed today, at 1pm, with the submission of 10 proposals.

The new closing date (3rd deadline) has been set for 22 March 2024 and an additional €3M budget has been allocated for this new deadline.

Disrupt is the first of its kind blended financing programme in Cyprus. The programme combines public funding with private equity to support the exponential growth of businesses in the international markets.

Cypriot companies are proving time and again that they can innovate and expand internationally. The RIF supports their efforts with a wide array of financial tools and support services.