What is CyEC
Fostering Innovation and Entrepreneurship for Positive Impact
At the Cyprus Entrepreneurship Competition (CyEC), we strive to cultivate a thriving and innovative startup ecosystem in Cyprus. Leveraging the research output, infrastructure, and expertise available at the University of Cyprus, we aim to empower aspiring entrepreneurs to compete on a global scale and drive positive change. Running annually, usually in the last quarter of the year, CyEC invites startups from across Cyprus to apply and compete. The competition provides a platform for entrepreneurs to refine their ideas, build valuable networks, and showcase their ventures, fostering innovation and sustainable business growth.
BENEFITS of CyEC
CyEC offers two pathways for startups: the Accelerator, which combines hands-on workshops with the chance to pitch for a cash prize, and the Launchpad, tailored for more mature startups ready to scale. Launchpad teams proceed directly to the pitching event, where they also compete for a cash prize and showcase their ventures to an audience that includes potential investors and other key stakeholders.
Accelerator Opportunity
For startups at the concept stage or with an MVP but no users.
Commitment
Participate in nine (9) in-person sessions where at least one member of the team needs to be present.
Benefits
Joining our startup accelerator program grants you access to a plethora of benefits that will supercharge your entrepreneurial journey:
Comprehensive Foundational Courses
Our accelerator program offers a treasure trove of carefully curated foundational courses. These resources are designed to empower your team, providing invaluable insights and guidance to accelerate the growth of your business.
Expand Your Network
Connect, collaborate, and thrive alongside like-minded teams, accomplished mentors, and experienced instructors. Our vibrant ecosystem fosters networking opportunities that can lead to fruitful partnerships and valuable industry connections.
Pitch for a Chance to Win a Cash Prize
After completing the Accelerator workshops, Stage 1 and Stage 2 startups pitch their ideas in a final competition exclusively with other early-stage teams. This is your chance to showcase your progress, validate your solution, and compete for a cash prize.
Pitch to Investors
The accelerator ends with an opportunity to pitch your startup to investors and showcase its potential for future growth.
Launchpad Opportunity
For startups with users or already generating revenue.
Commitment
No time commitment – go straight to the pitch event.
Benefits
Joining the startup Launchpad event that grants you access the pitch competition and non-mandatory access to the foundational accelerator courses:
Non–Mandatory Attendance to the Foundational Courses
Join selected accelerator workshops that might fuel your startup’s growth, based on approval by the CyEC team. If you’re interested, ask about this opportunity after submitting your application.
Expand Your Network
Network and connect with leading business professionals, innovative entrepreneurs, and potential investors during the pitching event.
Pitch for a Chance to Win a Cash Prize
Launchpad startups in Stage 3 (MVP with users) or Stage 4 (generating revenue) go straight to the final pitching event, competing alongside other growth-stage ventures.
Pitch to Investors
By getting accepted into Launchpad, you secure your place in a pitching competition to win a cash prize and gain exposure to investors seeking new investment opportunities.
Important Dates
Accelerator
The application process will open on August 1st, 2025.
The application process will close on September 10th, 2025.
CyEC 2024 Trailer
Judges
The 2025 Judging Panel will be announced soon
ACCELERATOR Workshop Leaders
ACCELERATOR INSTRUCTORS
ACCELERATOR INSTRUCTORS
ACCELERATOR Mentors
ORGANIZING Committee

Maria Chamberlain
Officer
Ministry of Industry & Commerce

Christiana Karkoti
Head of Communications C4E | UCY
SELECTION Committee

Andreas Soteriou
Professor
UCY
Organizer

Major Sponsor

Communication Sponsors

CYEC Collaborators




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