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The Deputy Ministry of Research, Innovation and Digital Policy hereby announces that applications to acquire a Certificate of Innovative Enterprise shall be accepted again as from 22.03.2022. Applications should be submitted via email in the following address: innovative.companies@dmrid.gov.cy.

It is noted that the certificate is issued as a support tool for the usage of tax incentives for natural persons investing in an innovative small and medium-sized enterprise (SME) either directly or indirectly through an investment fund or through an alternative trading platform for venture capital investment, in the context of the expansion of the legislation that amends the Taxation Law until 30.6.2024 for natural persons and until 31/12/2023 for legal persons.

For more information, please contact Ms. Elena Poulli at 22691921.

All relevant documents (Practical Guide, Application Form and Annexes) in Greek and English can be found below.

Applications can be submitted through the Ignite platform.


Practical Guide
Annex 1 – Application Form
Annex 2 – Certificate from External Auditor
Annex 3 – Guidelines for drafting a Business Plan
Annex 4 – Business Plan Evaluation Criteria
CERTIFIED INNOVATIVE BUSINESSES