RPF to grant €500.000 for research

RPF to grant €500.000 for research

Cyprus Research Promotion Foundation(RPF) will allocate grants amounting to € 500,000 under the EUROSTARS 2 Program aiming at encouraging small and medium-sized enterprises (SMEs) operating in Cyprus to participate in research activities.

According to the Foundation`s press release issued here today, EUROSTARS Program is an initiative of thE EUREKA Organisation in which EU member states may participate in joint funding of research programs.

The Cyprus Government has expressed its interest in participating in this particular program, which covers all areas of technology, for the 2014-2020 period and its commitment to funding Cypriot organizations participating in successful proposals with an amount of € 500,000 per year.

SMEs which are active in research as well as research and academic institutions in Cyprus may submit proposals to EUROSTARS.

The deadlines for applicants to submit proposals are March 5 2015 and September 17, 2015.