RIF: New Blended Finance Programme to BOOST Cyprus Innovative Companies

Grant of up to 50% of equity-based investment, capped at 300k Euros

2M € Budget

Two Deadlines for submission: 13 June 2025 and 12 December 2025 

The Research and Innovation Foundation (RIF) announces the launch of its new blended finance scheme, “BOOST”.

Certified Innovative Companies with a legally binding agreement for equity-based investment of at least 200,000 Euros can apply for an RIF grant of up to 50% of their equity-based investment, capped at 300,000 euros.

For more information on the programme download the Call documents including the FAQ document here.

Sign up to watch the webinar (30/1/2025 / 11am).

For Information on how to obtain an Innovation Certificate: Here

The list of Certified Innovative Companies: Here

For Tax Incentives for Investors in Innovative Companies: Here