**Cyprus Launches €1.7 Million Grant Scheme for International Trade Fairs**
The Cyprus Chamber of Commerce and Industry (Keve) has announced the opening of applications for a new grant scheme aimed at supporting local businesses in their participation in international trade fairs. The initiative, backed by the Trade Ministry, has a budget of €1.7 million and will remain active until 2027. This De Minimis sponsorship scheme is designed to provide financial assistance to Cypriot enterprises looking to exhibit at commercial fairs abroad where the ministry will set up an official state pavilion.
The funding is specifically targeted at businesses involved in the manufacturing and marketing of industrial and agricultural products, as well as related service sectors. The primary goal of this government initiative is to enhance the international presence of Cypriot production and commercial firms, thereby facilitating their entry into foreign markets and increasing the volume of national exports.
Local businesses interested in applying for the grant can do so until September 18, 2026. The sponsorship package will cover participation in four major international trade fairs scheduled for 2027. These events include:
1. **Fruit Logistica** in Berlin, Germany, from February 3 to February 5, 2027, which focuses on fresh fruit and vegetables.
2. **ProWein** in Düsseldorf, Germany, from March 7 to March 9, 2027, targeting the wine and spirits sector.
3. **Gulfood** in Dubai, United Arab Emirates, from March 15 to March 19, 2027, aimed at food and beverage producers.
4. **Anuga** in Cologne, Germany, from October 9 to October 13, 2027, another significant event in the food and beverage sector.
Officials from the ministry have emphasized that the publication of this announcement does not guarantee participation in the events. Factors such as insufficient applicant numbers or delays in budget approval could lead to cancellations.
For businesses seeking more information, detailed guides and application forms have been made available on the official trade service website under the state pavilion grant scheme section. Additionally, local enterprises can reach out for further assistance through designated telephone lines: 22-867268, 22-867192, and 22-867209.
This initiative reflects the government's commitment to fostering a more outward-looking economy and supporting local businesses in expanding their reach beyond Cyprus. By facilitating participation in these prominent international trade fairs, the government aims to bolster the competitiveness of Cypriot products in the global market.