Cyprus Award – Commercial Exploitation of Research Results 2024
Summary
In this section you may find information on National Schemes published by the Cyprus Research and Innovation Foundation (formerly know as the Research Promotion Foundation – RPF).
Programme Name
Programme Description
In this section you may find information on National Schemes published by the Cyprus Research and Innovation Foundation (formerly know as the Research Promotion Foundation – RPF).
Call
Detailed Call Description
The Research and Innovation Foundation (RIF), in the frame of its activities to develop a culture of knowledge transfer and commercial exploitation of research results, announces for the first time the “Cyprus Award for the Commercial Exploitation of Research Results”. Knowledge Transfer activity at national level makes a significant contribution to enhancing competitiveness, creating new jobs and contributing to the diversification, sustainability and vitality of national economies. This Award will provide a reward for a scientist or a group of scientists who have demonstrated successful commercial exploitation of research results and seeks to motivate and encourage further development of knowledge transfer activities in the Cypriot ecosystem.
Financing percentage by EU or other bodies / Level of Subsidy or Loan
0%
Eligibility For Participation Notes
Beneficiars The nominated researchers should:
- have been working and living in Cyprus on a permanent basis during the last three (3) years up to the announcement date of the Call (between the 3rd May 2021 and the 2nd of May 2024 inclusive)
- have demonstrated successful commercial exploitation of the results of his/her research in the field of Life Sciences or Physical Sciences and Engineering or Social Sciences and Humanities, as evidenced by at least one of the following during the Call anouncement (i) the licensing of research results with revenues of at least €25.000, (ii) the establishment of a start-up1 company (the definition of a start-up should be fulfilled during the Call announcement) developing technology with commercial application based on the results of research work (e.g. may be own research, licensing of intellectual IP) and which has at least a Minimum Viable Product (MVP) for which beta testing has already been initiated by intended end-users as to its functionality, usability, and reliability and has secured funding of more than €40.000 from private investors or has placed products/services on the market and has revenues of at least €25.000. Note that own investments, or sponsorship income as private investment are not taken into account as revenue.
The nominated researchers may be of any nationality and must have been working in any Research Organisation, Enterprise or other Public or Private Entity legally established and active in the areas under the control of the Republic of Cyprus.
Nomination: The researchers should be nominated by another person via the following link. There is no restriction on the number of researchers a person or organization may nominate for the Award. Individuals who have already been awarded under the ” Cyprus Award – Commercial Exploitation of Research Results” can not apply again.
Programme Category
National Grant SchemesTotal Budget
€60.000Thematic Categories
- Research, Technological Development and Innovation
Eligibility for Participation
- Associations
- Central Government
- Chambers
- Consumer Organisations
- Educational Institutions
- Farmers Unions
- Financial Institutions
- Large Enterprises
- Local Authorities
- NGOs
- Non Profit Organisations
- Parliamentary Bodies
- Private Bodies
- Producer Associations
- Researchers/Research Centers/Institutions
- Services Providers
- Small and Medium Enterprises (SMEs)
- State-owned Enterprises
- Trade Unions
- Training Centres
Call Opening Date
02/05/2024Call Closing Date
28/06/2024National Contact Point(s)
Research & Innovation Foundation
Partner Support Centre
Τelephone: 22205000
Email: support@research.org.cy