Cyprus Research and Innovation Foundation

The Cyprus Research and Innovation Foundation (RIF) is the national funding agency supporting and promoting research, technological development and innovation in Cyprus. RIF’s mission is pursued through a series of actions with a focus on developing national funding programmes for Research and Innovation (R&I), supporting the participation of Cyprus in European and International Programmes, providing value add services, as well as implementing actions for nurturing an R&I culture. Since 2019, RIF has invested €28 million for funding104 innovative companies in Cyprus, including 64 startups mainly active in the areas of ICT, health and engineering.