Cyprus Recovery and Resilience Plan – Axis 3. Strengthening the resilience and competitiveness of the economy

Summary

This 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.

Total Budget

€ 422,3 million

Thematic Categories

Eligibility for Participation

Programme/Sub-programme/Plan Calls
  • Innovation Vouchers

    Opened

    Code: 23161 | Identifier Code: INNOVOUCHERS/0722 | Programme name: Cyprus Recovery and Resilience Plan – Axis 3. Strengthening the resilience and competitiveness of the economy | Start submission calls: 04/07/2022 | End submission calls: 14/09/2022

    «Innovation Vouchers» Programme aims to encourage Small and Medium Enterprises (SMEs) to engage in research and innovation activities and to strengthen cooperation between enterprises and knowledge intensive organizations. SMEs will be  supported to develop innovative solutions in order to address challenges or problems they face, through the transfer of know-how from knowledge intensive organizations and access to laboratory infrastructures.

    Furthermore, the Programme aims to the exploitation of academic research by the industry through the provision of advisory services by Research Organisations to enterprises, the creation of appropriate conditions for cooperation, and the increase of private expenditure in Academic and Research Organisations.

    Award of Innovation Vouchers also seeks to contribute to the mitigation of one of the major challenges encountered during the implementation of research and innovation funding schemes and measures, which is the difficulty to be exploited by a large number of SMEs.

  • Incentive Scheme for the Revival of countryside, mountainous and remote areas through the creation of Authentic Experiences to enrich the tourism product - 2022 Call

    Opened

    Code: 22097 | Identifier Code: C3.1I8 | Programme name: Cyprus Recovery and Resilience Plan – Axis 3. Strengthening the resilience and competitiveness of the economy | Start submission calls: 20/06/2022 | End submission calls: 30/11/2022

    The Deputy Ministry of Tourism announces the 1st Call of the Incentive Scheme for the Revival of countryside, mountainous and remote areas through the creation of Authentic Experiences to enrich the tourism product, under the Recovery and Resilience Fund, to support Local Authorities and natural or legal persons who are active in the fields of gastronomy, handicrafts and creative arts, as well as alternative tourism and rural activities.

  • Scheme of incentives for students’ accommodation in the walled city of Nicosia

    Opened

    Code: 21351 | Identifier Code: C3.416 | Programme name: Cyprus Recovery and Resilience Plan – Axis 3. Strengthening the resilience and competitiveness of the economy | Start submission calls: 02/05/2022 | End submission calls: 30/11/2022

    Objective of this Scheme is the provision of incentives to property owners or tenants (with signed authorisation by the owners) for retrofitting existing buildings or for the construction of new buildings with the aim of creating student accommodation in the area covered by this Scheme. The incentives will be provided in the format of financial assistance by the Government.

  • Incentive Scheme for the Renovation of restaurants and businesses selling Mediterranean food products

    Opened

    Code: 21320 | Programme name: Cyprus Recovery and Resilience Plan – Axis 3. Strengthening the resilience and competitiveness of the economy | Start submission calls: 20/04/2022 | End submission calls: 30/11/2022

    The Deputy Ministry of Tourism announces the 1st Call of the Incentive Scheme for the Renovation of restaurants and businesses selling traditional food products, under the Recovery and Resilience Fund, to support licensed catering establishments offering Cypriot gastronomy dishes and enterprises selling traditional food products.

  • Promotion of Circular Economy in Hotels

    Closed

    Code: 21199 | Programme name: Cyprus Recovery and Resilience Plan – Axis 3. Strengthening the resilience and competitiveness of the economy | Start submission calls: 28/04/2022 | End submission calls: 31/05/2022

    The purpose of the Measure is to guide and facilitate the transition of Cypriot hotels to a green and circular economy. The Measure will provide consulting services, including among others, the development of skills through workshops, training programmes, professional guidance, and certification with the Circular Economy Certification Scheme which will be developed during the implementation of the Measure.

    Information regarding the services to be provided through the Silver and Golf Circle of services, can be found in the Implementation Guide of the Measure and on the website www.circularhotels.com.cy.

  • CO-DEVELOP Programme – ICT-Health

    Closed

    Code: 20382 | Identifier Code: CODEVELOP-ICT-HEALTH/0322 | Programme name: Cyprus Recovery and Resilience Plan – Axis 3. Strengthening the resilience and competitiveness of the economy | Start submission calls: 16/03/2022 | End submission calls: 19/05/2022

    The “CO-DEVELOP” Programme aims to enhance the effective collaboration between enterprises and the research community, with the aim of jointly identifying challenges and jointly designing and implementing research and development projects to develop new cost-effective solutions to address these challenges. In the context of effective collaboration, the sharing of resources and infrastructure and the mobility of staff are expected, among other things, in order to enable the technology transfer and the exchange of knowledge.

    The ultimate objective is bridging the gap between academia and industry and the utilization of the existing know-how to meet specific needs and challenges, thus contributing to the strengthening of the competitiveness of the economy and the improvement of the quality of life in Cyprus.

  • CO-DEVELOP Programme - Green Transition

    Closed

    Code: 20377 | Identifier Code: CODEVELOP-GT/0322 | Programme name: Cyprus Recovery and Resilience Plan – Axis 3. Strengthening the resilience and competitiveness of the economy | Start submission calls: 16/03/2022 | End submission calls: 17/05/2022

    The “CO-DEVELOP” Programme aims to enhance the effective collaboration between enterprises and the research community, with the aim of jointly identifying challenges and jointly designing and implementing research and development projects to develop new cost-effective solutions to address these challenges. In the context of effective collaboration, the sharing of resources and infrastructure and the mobility of staff are expected, among other things, in order to enable the technology transfer and the exchange of knowledge.

    The ultimate objective is bridging the gap between academia and industry and the utilization of the existing know-how to meet specific needs and challenges, thus contributing to the strengthening of the competitiveness of the economy and the improvement of the quality of life in Cyprus.

  • Scheme for Modernisation and Digitalisation of Enterprises engaged in Manufacturing and Trading of Agricultural Products

    Closed

    Code: 19699 | Programme name: Cyprus Recovery and Resilience Plan – Axis 3. Strengthening the resilience and competitiveness of the economy | Start submission calls: 01/03/2022 | End submission calls: 24/06/2022

    The Scheme is included in Cyprus Recovery and Resilience Programme and will be funded by the EU Recovery and Resilience Facility. The Scheme aims to support existing and newly established SMEs engaged in the manufacturing and / or trading of agricultural products. Main objectives are:

    • Creation of new and expansion of existing businesses
    • Improvement of manufacturing and trading procedures
    • Increase the amount of SMEs which use ICT
    • Development of new products with high added value

    Creation of new jobs, especially in rural areas.

  • RESTART 2016-2020 Programmes / Call for Proposals for the "Development and Promotion of Internationally Competitive Innovative Products and Services by Existing Enterprises (INNOVATE)" Programme

    Closed

    Code: 16858 | Identifier Code: INNOVATE/1221 | Programme name: Cyprus Recovery and Resilience Plan – Axis 3. Strengthening the resilience and competitiveness of the economy | Start submission calls: 14/12/2021 | End submission calls: 22/02/2022

    “Development and Promotion of Internationally Competitive Innovative Products and Services by Existing Enterprises (INNOVATE)” Programme aims to support existing enterprises from all activity sectors, that will invest in research and innovation, for the development of competitive innovative products or services with quick global market penetration prospects. Moreover, the Programme facilitates the mobility of private investment funds for the support of rapid development innovative businesses.

  • RESTART 2016-2020 Programmes / Call for Proposals for the "Development of Internationally Competitive Innovative Products and Services by STARTUPs (SEED)" Programme

    Closed

    Code: 16850 | Identifier Code: SEED/1221 | Programme name: Cyprus Recovery and Resilience Plan – Axis 3. Strengthening the resilience and competitiveness of the economy | Start submission calls: 14/12/2021 | End submission calls: 18/02/2022

    “Development of Internationally Competitive Innovative Products and Services by STARTUPs (SEED)” Programme aims to support the rapid development of dynamic and innovative STARTUPs which intend to develop internationally competitive products or services, as well as to mobilize private investment funds for this purpose.

  • RESTART 2016-2020 Programmes / Call for Proposals for the "Creation and Initial Development of Startups with International Orientation (PRE-SEED)" Programme

    Closed

    Code: 16847 | Identifier Code: PRE-SEED/1221 | Programme name: Cyprus Recovery and Resilience Plan – Axis 3. Strengthening the resilience and competitiveness of the economy | Start submission calls: 14/12/2021 | End submission calls: 14/02/2022

    “Creation and Initial Development of STARTUPs with International Orientation (PRE-SEED)” Programme aims to support the creation and initial development of innovative STARTUPs which intend to develop innovative products and services with global market penetration prospects.

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