IDEA Innovation Center

IDEA Innovation Center is the largest non-profit incubator-accelerator for startups in Cyprus, established in 2015 by the Bank of Cyprus and partner organisations. Its nine-month Startup Program provides participants with €20,000 in seed capital, structured business training, mentoring from experienced entrepreneurs, and professional services in legal, accounting, and ICT. Since its launch, IDEA has supported over 82 startups, trained more than 5,000 entrepreneurs, and invested over €4 million into the Cyprus innovation ecosystem. It was recognised as the European Winner in the 2019 European Commission Enterprise Promotion Awards.