Cyprus, with Limassol at the forefront, is emerging as a start-up hub in the Eastern Mediterranean, surrounded by Asia, Europe, and Africa. This development is giving momentum both to synergies between local start-ups and foreign companies and to capital raising, as highlighted by the CEO of Invest Cyprus, Mr. Marios Tannousis.
The Chief Executive Officer of the National Investment Promotion Authority of Cyprus was invited by “Entrepreneurial Limassol” to comment on the fact that around 140 start-ups are registered on platforms such as StartupBlink — a number that corresponds to 45% of all start-ups in Cyprus — positioning Limassol as the country’s leading hub.
Mr. Tannousis explained that Cyprus (and Limassol in particular) offers an integrated ecosystem for…
