IdeaCY

Overview

Overview IDEA Innovation Center was founded in 2015 by the Bank of Cyprus and other prestigious Partners, as an incubator-accelerator for startups and an entrepreneurship hub.

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Email

info@ideacy.net

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Telephone

+357 22 128144

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Location

36 Lykourgou Street, Nicosia 1011, Cyprus

Today IDEA is the largest non-profit, comprehensive innovation center in Cyprus, a business incubator which forms a cluster of more than 120 private and public partnerships, supports innovative startups and Small & Medium-sized Enterprises (SMEs) and promotes a culture of change and digital transformation.

It offers highest quality of training and services, so as to turn innovative ideas into viable businesses with a global outlook โ€“ from idea-stage, to revenues and investment-readiness.

IDEA has supported to-date the establishment of 82 startups with over 190 entrepreneurs, helped to create more than 90 new job positions, trained more than 5,000 entrepreneurs and invested more than โ‚ฌ4m in the Cyprus innovation & entrepreneurship ecosystem. Most importantly, IDEA has achieved perhaps 2 of the most significant recognitions in Cyprus โ€“ one of our startups has been accepted to Y Combinator and has already secured significant investment from a US fund, while s second one, raised โ‚ฌ600.000 through a crowdfunding platform, the greatest success to-date for a Cypriot startup. At the same time, several other of our startups have attracted investment capital and business partnerships from Cyprus and abroad, have established their own offices and/or employ staff of their own.