On Friday 17 September, PwC Cyprus announced the launch of its new Scale-up program, which aims to accelerate the growth of startups in Cyprus.
At the first stage, as part of a competitive selection, four startups from a wide variety of sectors were selected to participate in the program:
- GLOBAL AQUA NORMA is the company which has invented a technology that desalinates and purifies water in an environmentally friendly way with minimal energy consumption and zero liquid discharge (ZLD) in accordance with the principle of a circular economy.
- FORNELIA is a company that designs, manufactures and markets highly efficient solar cooking ovens.
- ARIA is a company using blockchain technology to empower people to take control of their health, giving them complete privacy, security, easy management and sharing of their medical records. All thanks to direct integration with healthcare providers.
- BLEND is the company which has developed a team management app that helps managers in restaurants, bars and hotels organize and communicate with their teams. Its smart algorithm can generate weekly schedules in seconds, and its task management feature can automatically assign checklists to the right person at the right time.
Scale-up is a new program specially designed to offer startups the services and tools they need to accelerate their growth.
This includes, among other things, participation in events and specialized seminars, access to the international network of PwC professionals, as well as to its external network, which includes decision makers, potential customers and partners.
Upon completion of the program, companies are expected to have the opportunity to participate in other PwC networking programs that aim to help startups attract investors and institutional funding, and help them connect with existing businesses to help them move to the next level.
Vassilios Vrachimis, Scale-up Partner of PwC Cyprus, noted that “PwC supports entrepreneurship and innovation through a range of initiatives, including strategic partnerships with businesses and academia.
Our new program aims to help bridge the gap between the startup ecosystem and the corporate world, accelerate change and innovation, and prepare startups for future challenges, Vrachimis said.
More information on new projects in Cyprus can be found on the DOM Real Estate Portal. The website has over 20,000 properties in Limassol, Paphos and Larnaca - from residential to commercial. Choose and contact professionals who will help you make the right choice!