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 Ministry of Energy, Trade and Industry (YEEB) announces the Invitation to submit applications within the framework of the 2nd Announcement of the “Sponsorship Plan for the Creation, Modernization and Digital Upgrade of Agricultural Products Processing and/or Trading Units”.

It aims to support existing and new Small and Medium Enterprises, as defined in Annex I of the Treaty on the Functioning of the European Union, which are active or will be active in the processing and/or marketing of agricultural products.

• Agriculture - Farming - Forestry
• New Entrepreneurship
• Processing
• Small-Medium Enterprises and Competitiveness
• Trade and Commerce

• Small and Medium Enterprises (SMEs)

For further information, those interested can contact the relevant Officers via telephone:
22867275/ 22867279/ 22867243/ 22867154/ 22867388.

• https://shorturl.at/tuFIT