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Cyprus
First report 1h ago•Last update 1h ago

Cyprus Startup Ecosystem Shows Growth Potential, Faces Scaling Hurdles

Cyprus' startup and innovation ecosystem is maturing, with increased collaboration to drive growth, though challenges remain in scaling businesses.

Background

Cyprus is working to diversify its economy beyond traditional sectors like tourism and shipping. The government and private entities are investing in technology and innovation to foster new industries and create jobs, aiming for sustainable economic growth.

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Cyprus Startup Ecosystem Shows Growth Potential, Faces Scaling Hurdles

First report 2h agoLast update 2h ago
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