**Cyprus Prepares Support Scheme for Cybersecurity Startups**
The Cyprus Chamber of Commerce and Industry (Keve) has announced a new initiative aimed at bolstering the cybersecurity sector in the country. In collaboration with the Digital Security Authority (DSA), which also functions as Cyprus’ National Cybersecurity Coordination Centre (NCC-CY), the chamber is urging startups to participate in a survey designed to assess their needs and challenges.
This survey is a crucial step in the development of a forthcoming grant scheme intended to provide financial support to startups operating within the cybersecurity domain. As the digital landscape continues to evolve, the need for robust cybersecurity measures has become increasingly critical, prompting the government and relevant authorities to take proactive steps to enhance the capabilities of local startups.
The DSA's survey aims to gather comprehensive data on the requirements of cybersecurity startups. The insights obtained will play a vital role in shaping targeted support measures that can foster growth and competitiveness within the industry. Keve emphasized the importance of participation from startups and other stakeholders, noting that their input is essential for the creation of effective financial support programs.
The forthcoming grant scheme is part of the broader European N4CY2 project, which aligns with Regulation (EU) 2021/887. This regulation supports initiatives aimed at strengthening cybersecurity capacities and innovation across the European Union, reflecting a collective commitment to enhancing digital security measures.
Keve has encouraged eligible businesses to complete the survey questionnaire, which is open for responses until June 26, 2026. The chamber assures participants that all information submitted will be treated with strict confidentiality and will only be used for the purpose of designing the grant scheme.
By engaging with startups through this survey, the DSA and Keve aim to ensure that the support measures developed are reflective of the actual needs and challenges faced by emerging cybersecurity companies. This initiative not only seeks to provide financial assistance but also aims to create a more resilient cybersecurity ecosystem in Cyprus, ultimately contributing to the overall security of the digital landscape.
As the global demand for cybersecurity solutions grows, the establishment of such support schemes is seen as a significant step toward fostering innovation and strengthening the capabilities of local startups. The collaboration between the DSA and Keve highlights a proactive approach to addressing the challenges faced by the cybersecurity sector in Cyprus, ensuring that businesses are well-equipped to navigate the complexities of the digital world.
With the increasing frequency of cyber threats, the importance of a well-supported cybersecurity industry cannot be overstated. The survey and the subsequent grant scheme represent a commitment to nurturing talent and innovation in this critical field, positioning Cyprus as a competitive player in the global cybersecurity landscape.