Funding Schemes

On Tuesday, 27 October, the Council of Ministers approved, following a proposal by the Minister of Energy, Commerce and Industry (MECI), Mr Michalis Damianou, the new “De Minimis Aid Scheme for Cypriot Enterprises Participating in International Trade Fairs in the Services Sectors, Including Technology, with a National Pavilion of MECI.”

As part of its mandate to enhance the international outreach of Cypriot enterprises, and in response to the increased interest in participating in international trade fairs with a national pavilion, both in the technology sector and in additional sectors, MECI announces its intention to participate in the following five (5) trade fairs:

Through the organisation of a national pavilion at these trade fairs, Cyprus is being promoted as a business hub in the fields of technology, innovation, aircraft maintenance, investment fund management, and shipping. At the same time, Cypriot service providers are given the opportunity to showcase their services and capitalise on networking and business cooperation opportunities with both exhibitors and professional visitors.

Eligibility for Participation

Legal entities (businesses) operating in sectors relevant to the subject matter of the respective trade fair are eligible to apply under the Scheme.

The maximum de minimis aid amount per beneficiary and per trade fair may reach €13,450. The aid covers, among other expenses, the rental of exhibition space, the construction and equipment of the pavilion, participation fees, the cost of installation and electricity and water consumption, and interpretation services for the pavilion.

Submission of Applications

The Application for Participation and the Information Guide are provided below.

Applications may be submitted in person, by registered post, or through a private courier service, no later than 27 November 2026, to the following address:

MINISTRY OF ENERGY, COMMERCE AND INDUSTRY
Trade Service
Services Promotion Section
6 Andrea Araouzou Street
1421 Nicosia
Cyprus

Applications submitted after 27 November 2026 will be considered late and will not be taken into consideration.

Please note that applications will be processed on a first-come, first-served basis, according to the date and time they are received by the Trade Service of MECI.

It is noted that the announcement of the above Scheme does not constitute any commitment on the part of the Ministry in the event that an adequate number of businesses do not participate, suitable exhibition space cannot be secured at the aforementioned trade fairs, and/or the relevant budget is not approved.

For further information or clarification, interested parties may contact the competent service by email at servicespromotion@meci.gov.cy.