Cyprus’s State Aid Control Commissioner approves an expanded €308.4 million innovation funding scheme, adding a Fast Track Innovation (FTI) programme focused on cybersecurity. The measure continues existing research and development support while prioritising digital resilience under the Restart 2016–2020 programmes. (CYPRUSMAIL)
Cyprus approves expanded €308.4 million innovation funding scheme
State Aid Control Commissioner Stella Michaelidou has approved an expanded research and innovation support measure, allowing the continuation of the Restart 2016–2020 programmes with an increased budget and the addition of a new cybersecurity innovation initiative. The updated scheme includes several amendments, including the addition of the Fast Track Innovation (FTI) programme for the rapid development of innovative products and services in the cybersecurity sector.
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