Goals & Objectives

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The Economic Goal of RISE

The economic goal of RISE is to support innovation and economic growth in Cyprus. One of RISE’s primary goals is to invest capabilities that improve the RTDI landscape in Cyprus and the surrounding region, facilitating an as-of-yet largely untapped route for stimulating economic growth. Building on the strong foundation of best practices of its Advanced Partners, and re-purposing these practices to the realities of Cyprus to support the development of a business and innovation cluster in the centre of Nicosia, RISE seeks to achieve the following objectives:

Bridge the gap between research and industry

Academia and industry in Cyprus have had little interaction. RISE’s targeted RTDI services will...

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Train and support local entrepreneurship

Towards furthering the innovation landscape in Cyprus, RISE will directly offer training...

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Increase the research and industrial funding...

Both to support its operational capacity and as part of its goal to promote economic growth in...

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The Social Goal of RISE

The social goal of RISE is to cultivate entrepreneurial and innovation culture. RISE has the goal to support and develop the local culture in increasing its ambition and capability for STEM-led innovation and enterprise. This is not an abstract challenge as, while there is a highly educated local population, Cyprus will only be able to expand its knowledge economy and address the opportunities offered by technology-led innovation if local actors have the skills, ambitions and networks to exploit these opportunities and transform the economy. Consequently, RISE has the following objectives:

Create a critical mass of entrepreneurial and...

Building on its world-class pool of scientists and industry experts, RISE will build a cluster...

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Increase the social engagement of scientists...

RISE’s social and economic missions support the centre’s active involvement in the RTDI focused...

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Act as a catalyst for establishing innovation...

RISE actively engages with the local government in order to improve and simplify the innovation...

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