ESIL welcomes CyRIC to our community!

Published on 14/05/2018

We are happy to announce that the CyRIC Research and Innovation Centre of Cyprus has joined the ESIL Community. A community of Business Angels (BA), investors, VCs and crowdfunding platform, to further develop early stage investment in Europe and beyond.

CyRIC is a Research and Innovation Centre developing disruptive products for the world markets and providing unique, high quality services to the industry. CyRIC is also the certified Business Innovation Centre EU|BIC, EBN member, supporting the Cyprus entrepreneurial ecosystem. It offers Research and Innovation Services for its customers in the fields of engineering design and prototyping, electronics, communications and networks and IT/Software solutions. In addition, several specialised consultancy and entrepreneurship services are offered to startups and SMEs including investment and funding opportunities. CyRIC has achieved success stories for several of its projects and received an award by the European Business Awards as the National Champion in Innovation for the year 2015/16.

CyRIC not only emphasises on establishing an investor network to complete the deal flow, but to also bridge the gap between startups and investment opportunities with investors.

The Cypriot entrepreneurial ecosystem is still at a very nascent stage and CyRIC as an EU|BIC plays an important role for its advancement the last 5 years. Their services support startups from the idea level all the way to investment readiness whilst at the same time we are trying to identify and acknowledge potential investors to connect them with the ecosystem.

CyRIC will have their first ESIL launch event after the summer. For further information stay tuned! And follow ESIL twitter @european_ESIL.