Support and assist, through an organized and systematic basis, with cooperation of other public and private bodies, young entrepreneurs to develop ideas and attract investment opportunities that will transform their ideas, into successful start-up companies.

Activities / Collaborations / Events:

Cyta’s Innovation and Entrepreneurship Center organizes and/or supports various initiatives, competitions and/or events of other vectors that promote Innovation in our country, as presented below:

Title οf Initiative / Competition / Event Partner Dates
BOC Hackathon Bank of Cyprus October 2019
Cyta Cooperation with Research Centers, KOIOS and RISE Research Centers KOIOS and RISE September 2019
Reflect Festival 2019 Reflect festival May 2019
Cyprus Start-Up Bootcamp for Young Entrepreneurs, «CONNECTION» European University of Cyprus May 2019
Innovation and Entrepreneurship Seminar in Paphos Partner : DYSI Paphos - Young Scientist Organization March 2019
Cyta supports the Enterpreneurship BootCamp 2019 European University March 2019
Seven Startups have graduated from the IDEA Innovation Center IDEA Innovation Center/ Bank of Cyprus January 2019
Cyta collaborates with the “Stelios Ioannou” Library of the University of Cyprus University of Cyprus January 2019
Invitation for the submission of business Ideas - IDEA Center IDEA Innovation Center / Bank of Cyprus December 2018
«3rd SmartBlueCity Euro-Mediterranean Conference and Exhibition 2018» ARIS Innovation Center October 2018
2nd Cyprus Open Data Hackathon ARIS Innovation Center October 2018
BOC hackathon fintech 2 Bank of Cyprus October 2018
Entrepreneurship competition European University Cyprus July 2018
Youth Empowered program Lanitis Bros June 2018
«The Future is Today» conference Eurokerdos and Successful Business May 2018
“REFLECT “conference for new technologies Heart Group May 2018
Open call for IDEA Innovation Center IDEA Innovation Center/ Bank of Cyprus March 2018
Cyta Smartcity Crowdhackathon completed Crow Policy March 2018
English School Students, speak with an astronaut on Space Station English School Nicosia February 2018
Cyta Smartcity Open Day – A technological Marathon for “Smart Cities” Crow Policy February 2018
Youth Empowered: We share our knowledge and expertise with young entrepreneurs Lanitis Bros Ltd January 2018
Strategic partnership between IDEA and CYTA for Innovation and entrepreneurship IDEA Innovation Center/ Bank of Cyprus December 2017
BOC Hackathon Fintech 2017 Bank of Cyprus June 2017
Space Apps 2017 Cyprus Space Exploration Organization May 2017
Cyta - Junior Achievement Cyprus, Finals 2017 Junior Achievement Cyprus May 2017
Cyta certified by the standards YEP Junior Achievement Cyprus May 2017
«Τhe Start Up & Entrepreneurship» Conference IMH Business April 2017
«Best Social Media presence award» Junior Achievement Cyprus April 2017
Cyta & CIIM Scholarships CIIM March 2017
3rd Junior Achievement Κύπρου commercial exhibition Junior Achievement Cyprus March 2017
KIOS Research Center KIOS Research Center March 2017
“The Power of Social Media” Masterclass Junior Achievement Cyprus February 2017
Meet the entrepreneurs of the future Junior Achievement Cyprus January 2017
Documentary premiere: «The Incredible story of ArachnobeeA” Cyprus Space Exploration Organisation November 2016
“Entrepreneur Bootcamp 2016” Awakening Space November 2016
How to grow your business through branding and intrapreneurship Awakening Space October 2016
Seminar on Intrapreneurship organized by Cyta and MIC Microsoft Innovation Center September 2016
Space Apps Challenge Limassol 2016 Space Apps April 2016
Junior Achievement’s Business of the Year 2016 competition final Junior Achievement Κύπρου April 2016
2η Student Trade Fair of Junior Achievement Junior Achievement Κύπρου April 2016
Code Cyprus 2016 Code Cyprus και Uclan University March 2016
Innovative Business Ideas Competition in Cyprus Army Ministry of Defense, Open University Cyprus and KPMG March 2016
Startup Grind Cyprus - December Event Startup Grind Cyprus 21 December 2015
Presentation of Junior Achievement Programs 2015-2016 Junior Achievement Cyprus 10 December 2015
Promotion of Innovation and Entrepreneurship in the Cyprus Army Ministry of Defence, Open University and KPMG November - December 2015
Startup Grind 25 November 2015
Startup Grind 29 October 2015
Junior Achievement Cyprus - Innovation Campο-οργανισμός-junior-archievement-κύπρου-διοργανώνει-το/?lang=el 9 October 2015
Startup Grind 28 September 2015
The Economist - 11th Cyprus Summit The Economist 3/11/2015
Cyprus Space Exploration Organisation September 2015
Cyprus Entrepreneurship Competition 2015 University of Cyprus April-September 2015
New Venture Competition 2014 - CIIM Cyprus International Institute of Management September 2014 - May 2015
Τhank you Greece 22/7/2015
2nd Handshake with ICT 2015 University of Nicosia April 2015
Company of the year competition Junior Achievement Cyprus April 2015
Microsoft Imagine Cup 2015 Microsoft April 2015
Business Power Summit 2015 AwakenSpace Education April 2015
NASA Space Apps Challenge Limassol 2015 NASA Space Apps Challenge April 2015
Empowering eEntrepreneuship Stockwatch & Qmmerce March 2015
Code Cyprus 2015 UCLAN Cyprus University March 2015
Cyprus Entrepreneurship Competition 2014 - Award Ceremony Cyprus University November 2014
Disrupt Cyprus - Global Entrepreneurship Week (GEW) Main Event Industry Disruptors - Game Changers November 2014
Closed meeting - Speeches from Jonathan Ortmans President of Global Entrepreneurship Week (GEW) and Shelly Porges GEW Advisor, Discussion Industry Disruptors - Game Changers November 2014
2nd Competition - Digital Championship 2014-2015 Ministry of Energy, Commerce, Industry and Tourism / Digital Champion September 2014
Business Competition Idea of UCLAN University Cyprus CEDAR - UCLAN University September 2014
Cyprus Entrepreneurship Competition Cyrpus University June - November 2015
Lunar Landing Avenue  Ideodromio July 2014
Start up Kung Fun Innovation Ministry of Energy, Commerce, Industry and Tourism 29/7/2014
"Entrepreneurship in Europe: Opportunities for Cyprus" Cypriot Enterprise Link 7/7/2014
Disrupt Factory - 2nd Event of Global Entrepreneurship Week Cyprus 2014 ID-GC 3/7/2014
Student Recognition Awards University of Nicosia 30/6/2014
7th International Conference for Entrepreneurship, Innovation & Regional Development - ICEIRD Cyprus University / ICEIRD 14/6/2014
1st Event of Global Entrepreneurship Week Cyprus 2014 Industry Disruptors - Game Changers 4/5/2014
Startup Cyprus: Advancement prospects or another theory - A roundtable discussion New Scientists Organization of DISI 29/4/2014
Press Conference for Global Entrepreneurship Week Cyprus 2014 ID-GC 16/4/2014
Speech on "Innovation and development equals to survival" Mesogeios College in Paphos 12/2/2014
Cyban Company Presentation Event  Cyban 6/2/2014
1st Competition - Digital Championship 2014-2015 Ministry of Energy, Commerce, Industry and Tourism / Digital Champion January 2014
Introductory Presentation for HORIZON2020 European Affairs Office 16/1/2014
Strategic Partnerships

Strategic Partnership with CYBAN (Cyprus Business Angels Network)

Cyta is a strategic technology partner of CYBAN.

The Capital Impact Powered by Cyta will be the incubator of business ideas as well as the accelerator for the conversion of business ideas into successful startups by providing workspace, training, advisory services, mentoring and the possibility of attracting private capital investment by business angels - members of Cyban.

With this partnership, Cyta will help young entrepreneurs take part in Capital Impact and will provide opportunities for Cyta to invest in business ideas.

CYBAN Capital Impact powered by Cyta, accommodates all the start-up community of Cyprus (CYBAN, CEL, CHRYSALIS LEAP, JA-YE etc).

Partnership with Junior Achievement - Young Enterprise (JA-YE) Cyprus

JA-YE is a global non-profit organization which through a range of training programs is trying to implant business, financial and employability skills in children and young people from 4-22 years old. It is implemented in many countries with millions of participants in it. The JA Cyprus is a member of JA Europe which was founded in 1989 and has 39 member countries, 135,000 teachers 130,000 business mentors and volunteers and more than three million participants-students.

JA-YE Cyprus was founded in 2011. In collaboration with the Ministry of Education and Culture they have included, as part of the academic program in secondary schools (public and private), the "Company Program”. This program gives the students an opportunity, through their ideas and skills and also through the guidance of their teachers (who pass through special education), to create and develop a miniature of a company.

More information can be found in

Industry Disruptors - Game Changers

Strategic partnership with Industry Disruptors - Game Changers (ID-GC), for organizing the Global Entrepreneurship Week (Global Entrepreneurship week - GEW) 2014, in Cyprus.

“The scope of the GEW Cyprus campaign is to ignite an entrepreneurial ecosystem, which fosters economic growth and job creation; an entrepreneurial community that engages the nation to celebrate ideas, encourage start-ups, and unite as a nation to promote Cypriot ideas in a global world.”

More information on the events of GEW Cyprus 2014 as well as other useful information can be found on.

Capital Impact Powered by Cyta

The Capital Impact Powered by Cyta is operated by CYBAN, in an area of 900 sq.m. and is located in Nicosia. It is an incubator and accelerator for startups, with main emphasis in the area of ICT (Information and Communication Technology).

To Capital Impact, started its operation in February 2015 and provides a common workplace, infrastructure and value-added services such as mentoring, training, workshops and seminars to startups housed there.

The three strategic partners of CYBAN that played a significant role to its success are the following organisations:

  • Technology Partner - Cyta
  • Partner Knowledge - Price Waterhouse Coopers (PWC)
  • Business Partner - Eurobank

Cyta, as the technology partner of Capital Impact, has offered all the telecommunications infrastructure of the premises.

More information can be found in


MIC Cyprus

The MICs are state of the art technology facilities for collaboration on innovative research, technology or software solutions, involving a combination of government, academic and industry participants. There are now more than 100 MICs worldwide which play a vital role in fostering innovation in the country in which they operate, by generating powerful new ideas through training, education and knowledge transfer.

Microsoft and strategic partners in each community work together to operate the MICs, which are centers open to students, professional software developers, entrepreneurs, startups and academic researchers.

The main fields of activity of Microsoft Innovation Centre in Cyprus include:

  • Developing skills and workforce
  • Partnerships between Enterprise and Industry
  • Solutions and Innovation through accelerators
  • Incubators for startups companies
  • Education
  • Development of business and technical skills
  • Showcase for presentation of solutions and services of the MIC’s partners

Cyta is a strategic partner of MIC Cyprus which is housed at the European University in Nicosia.