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  • Writer's pictureIlma Danielienė

Navigator sponsors the Cyprus Entrepreneurship Competition

The Cyprus Entrepreneurship Competition challenges scientists, startup founders, and hi-tech entrepreneurs to transform their ideas into real business opportunities. The Competition’s objective is to develop start-ventures or social enterprises that create competitive advantage and innovation. Navigator Consulting supports the Cyprus Entrepreneurship Competition as a sponsor.

Limassol, Cyprus: 13 July 2020

Organized by the University of Cyprus Centre for Entrepreneurship and sponsored by the Cyprus Ministry of Industry, Commerce and Energy, CyEC takes place against the backdrop of the COVID-19 Pandemic and the real economic challenges of 2020. Anyone is free to participate.

The timeline for the Competition is:

  • Competition Launch and 1st Call for Applications: 19 June 2020

  • Information Day: June 2020 (tba)

  • Preparatory Workshops: June - July 2020 (tbc)

  • Submission of Executive Summaries: 14 September 2020

  • Announcement of Stage 1 Results: 28 September 2020

  • Appointment of Mentors: 05 October 2020

  • Acceleration Program: 03 October 2020 - 30 November 2020

  • Submission of Business Plans (Stage 2): 1 December 2020

  • Pitching Day (closed session): 17 December 2020 (tbc)

  • Final Conference and Award Ceremony: 18 December 2020 (tbc)

All the participants have the possibility to compete for the main Competition Awards:

  • 1st Prize € 10,000

  • 2nd Prize € 5,000

  • 3rd Prize € 3,000

Other Awards:

  • Free hosting in KAYAK facilities in Cambridge, Massachusetts or Berlin, Germany, for 1-3 months.

  • Free hosting in RISE – Research Centre on Interactive Media, Smart Systems and Emerging Technologies facilities, for 6 – 12 months.

  • Free hosting at Navigator Consulting offices in Limassol for 6 months, with mentoring and business development support services.

Navigator contributes to the Awards by providing:

  • Cash contribution to the winning entries

  • 6 months hosting at Navigator offices in Limassol

  • Mentoring the hosted teams.

Navigator supports entrepreneurship and innovation in Cyprus and internationally. Navigator Consulting’s Entrepreneurship Charter is our commitment to support start-ups and spin-offs between 2010 and 2020 and beyond.

For further information, please contact:

Philip Ammerman

Managing Director


19 June 2020


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