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P. 195
Country: Cyprus
Project List
A/A Sector Subsector Private Project Impleme Description Included in Status Total Investment Barriers/
Public name nting national investment in 2015- solutions
PPP agency investment cost (EUR 2017 (EUR
plan bn) bn)
(yes/no)
1 Entrepre Advanced Public Scheme Ministry The grant Scheme on Yes. The In progress, 0,100 bn 0,020bn Barriers is
neurial Manufacturing, for of Energy Entrepreneurial Innovation - private some the lack of
Innovati Health, Entrepren Commerc Developing Innovative companies companies Venture
on Transportation, eurial e Industry products and Services for have have finished Capital in
ICT, Innovatio and the International market, is received, or and some Cyprus.
Construction n- Tourism supporting 39 Innovative are in the are half way Solution
Developin companies, through the 1st process of through, will be the
g call, to develop innovative receiving, a while all will supply of
Innovative products and services for grant from finish by repayable
products the international market. the structural June 2015. loans
and Some of the products are funds that against
Services protected with patents in are co- shares in
for the most countries of the world. financed by the
Internatio One company that has the European company
nal completed the project has Union and until the
market. already secured three the Cyprus loan is re-
international sales of its Government. payed.
“one cycle plastic injection-
blowing machine”. Its main
competitors are two
Japanese Companies.
Another company that has
almost finished the project,
produces medical
rehabilitation equipment
and again its main
competitor is a Japanese
company.
The above companies need
capital to expand fast but in
Cyprus there is no venture
capital market and the
Banks do not give loans to
innovative companies that
have only intellectual
property as collateral.
Therefore, the subsequent
expectation is the injection
Project List
A/A Sector Subsector Private Project Impleme Description Included in Status Total Investment Barriers/
Public name nting national investment in 2015- solutions
PPP agency investment cost (EUR 2017 (EUR
plan bn) bn)
(yes/no)
1 Entrepre Advanced Public Scheme Ministry The grant Scheme on Yes. The In progress, 0,100 bn 0,020bn Barriers is
neurial Manufacturing, for of Energy Entrepreneurial Innovation - private some the lack of
Innovati Health, Entrepren Commerc Developing Innovative companies companies Venture
on Transportation, eurial e Industry products and Services for have have finished Capital in
ICT, Innovatio and the International market, is received, or and some Cyprus.
Construction n- Tourism supporting 39 Innovative are in the are half way Solution
Developin companies, through the 1st process of through, will be the
g call, to develop innovative receiving, a while all will supply of
Innovative products and services for grant from finish by repayable
products the international market. the structural June 2015. loans
and Some of the products are funds that against
Services protected with patents in are co- shares in
for the most countries of the world. financed by the
Internatio One company that has the European company
nal completed the project has Union and until the
market. already secured three the Cyprus loan is re-
international sales of its Government. payed.
“one cycle plastic injection-
blowing machine”. Its main
competitors are two
Japanese Companies.
Another company that has
almost finished the project,
produces medical
rehabilitation equipment
and again its main
competitor is a Japanese
company.
The above companies need
capital to expand fast but in
Cyprus there is no venture
capital market and the
Banks do not give loans to
innovative companies that
have only intellectual
property as collateral.
Therefore, the subsequent
expectation is the injection
