Programme Category
Programme Name
Programme Description
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.
Identifier Code
Call
Summary
«Enterprises Capacity Building in New Product Development» Programme aims to support companies with 10 or more employees, to employ specialised staff in New Product Development and to engage in research and development activities aiming at the development of new products and services.
Detailed Call Description
The RIF, through the present Call, aims to encourage enterprises of this size with no prior experience in research and innovation, to engage in relevant activities for the development of new products and services. More specifically, the «Enterprises Capacity Building in New Product Development» Programme supports training for the staff of eligible enterprises in new product development, with the aim of helping them develop new products and services.
These employees may be existing and/or new employees who will be hired specifically for this purpose by the beneficiary enterprise and who will need to be trained and receive a certification in new product development.
The RIF will provide free-of-charge training to the involved staff to be included in the project team.
Deadline: 3/10/2025, time: 13.00 or until the budget is expended
Call Total Budget
Financing percentage by EU or other bodies / Level of Subsidy or Loan
100%
Thematic Categories
- Research, Technological Development and Innovation
Eligibility for Participation
- Businesses
- Large Enterprises
- Small and Medium Enterprises (SMEs)
Eligibility For Participation Notes
The Host Organisation of a project must be a Small, Medium or Large Sized Enterprise (B1, B2, B3) that has at least ten (10) employees.
The number of employees must be documented by the Earnings and Contributions Schedule from the Social Insurance Services Online Contributions Payment System for the last 3 months prior to the month of submission of the proposal, for which the employer is required to have paid social security contributions. The verification will be carried out during the internal evaluation process stage.
In the frame of the present Call for Proposals, each enterprise may receive funding as Host Organisation (HO) for only one Project.
Call Opening Date
Call Closing Date
National Contact Point(s)
Research & Innovation Foundation
Partner Support Centre
Telephone: 22205000
Email address: support@research.org.cy