Submission of Applications for the New Business Funding Scheme

The Ministry of Energy, Commerce, and Industry announced that next Tuesday June
20th, applications will open for the second call of the new business support plan, with a
budget of €20 million. This plan is part of the “TH.ALE.I.A” Program 2021-2027 and is
co-financed by the European Regional Development Fund (ERDF) of the EU and the
Republic of Cyprus. Applications will be submitted online from June 18 to July 31, 2024,
by 11:59 p.m., through the website fundingapps.meci.gov.cy. Evaluation will be based
on the order of submission, and the maximum approval amount will be limited by the
available budget.
For more information, contact us HERE.