Skip to content

IDEA Innovation Center

IDEA Innovation Center is a nonprofit incubator and accelerator based in Cyprus, focused on supporting startups and innovative SMEs. It provides a range of services to help entrepreneurs develop their ideas into viable businesses.

Website
ideacy.net
Founded
2015
Recorded stages
Pre Seed, Accelerator
Recorded regions
European Union, Cyprus

Online destinations

Find IDEA Innovation Center online

Where to find this organization online, grouped by who runs each page. A link here does not mean the organization controls it.

Official links

Pages the organization runs itself.

Overview

IDEA Innovation Center was founded in 2015 by the Bank of Cyprus and other supporters as an incubator-accelerator for startups and an entrepreneurship hub. It is based in Cyprus and is recognized as the largest non-profit organization in the country focused on supporting startups and innovative small and medium-sized enterprises (SMEs). IDEA provides a comprehensive range of services to help entrepreneurs turn their ideas into viable businesses, including training, business support, and access to investment.

Focus

IDEA Innovation Center invests in and supports startups at various stages, from the idea stage to sales, investment, and expansion. The organization emphasizes fostering innovation and entrepreneurship among teenagers, students, and women. It aims to promote Cyprus as a regional innovation hub and strengthen its connections with Europe, Asia, and Africa. IDEA also facilitates fintech solutions and digital transformation through partnerships, particularly with the Bank of Cyprus.

Support

IDEA offers a nine-month Startup Program that combines a three-month accelerator stage and a six-month incubator stage, providing business-creation training, mentoring, professional services, coworking access, networking, and €20,000 in seed capital.

Questions

What is the duration of the Startup Program?

The program lasts for nine months, including both accelerator and incubator stages.

How much funding do startups receive?

Each selected startup receives €20,000 in seed capital.

Check your startup’s fit

Check your startup’s fit with IDEA Innovation Center

Similar incubators

Organizations that do similar work to IDEA Innovation Center.

All incubators
STARTPLATZ logoIncubator

STARTPLATZ is a prominent startup incubator and accelerator located in Cologne and Düsseldorf, Germany, focusing on supporting early-stage and growth-stage startups, particularly in artificial intelligence.

İTÜ Çekirdek logoIncubator

İTÜ Çekirdek is a university-linked incubation center in Istanbul, Turkey, established in 2011. It supports technology ventures to grow into scalable startups through various services including mentorship, funding, and corporate partnerships.

StartLab.Brussels logoIncubator

StartLab.Brussels is an early-stage incubator located in Brussels, Belgium, founded in 2022 through the merger of ULB's Start.LAB and VUB's Start.VUB. It supports first-time entrepreneurs and academics in launching impactful startups.

ENTER Koprivnica logoIncubator

ENTER Koprivnica is a business support institution in Croatia, focused on consulting services for small and medium enterprises, including startups. It manages the Dravska Entrepreneurship Incubator and promotes various sectors such as technology and creative industries.

Superscout Pro

Find faster. Show up verified. Keep your deals private.

$99a year, or $12 a month
Get Pro

Is this page right?Reviewed · How the research works

Something's off