Energy Minister George Papanastasiou this week announced that €363 million in funding schemes are being implemented to support small and medium-sized enterprises (SMEs) in Cyprus.
“The development of small and medium-sized enterprises is a central pillar for ensuring the competitiveness and sustainability of our economy,” Papanastasiou said during an event hosted by the University of Cyprus.
The event took place as part of the university’s Cyprus Entrepreneurship Competition 2024 .