The Cyprus Research and Innovation Foundation (RIF) is the national funding agency supporting and promoting research, technological development and innovation in Cyprus.
RIF’s mission is pursued through a series of actions with a focus on
developing national funding programmes for Research and Innovation (R&I), supporting the participation of Cyprus in European and
International Programmes, providing value add services, as well as implementing actions for nurturing an R&I culture.
Since 2019, RIF has invested €28 million for funding104 innovative companies in Cyprus, including 64 startups mainly active in the areas of ICT, health and engineering.