Economic Development

European Union Aid Programme
for Turkish Cypriot community

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  • 21.04.2017 - Branding Training
  • 13.04.2017 - Programmes and Services Development Training
  • 10.04.2017 - Strategic Planning Training
  • 07.04.2017 - Corporate Governance Training


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SME CALL IN ACTION III GRANT SCHEME – SME DEVELOPMENT: MODERNISING PRODUCTS AND SERVICES

The overall objective of this Call for Proposals, totalling €4.7 million, was to support start-ups and strengthen the competitiveness of existing enterprises, and to diversify the local economy as a means to improve the job market and preserve natural resources. The specific objectives were to modernise products and services through fostering business excellence and Total Quality Management (TQM) along with the introduction of quality management standards, Energy Efficiency and Renewable Energy (EERE), environmental protection and Information Technology.

Following the launch of the scheme in January 2012, 282 applications were received. A total of 40 projects were awarded a grant and are now on-going.