Cyprus launches four-year incentive scheme offering up to €35,000 for conferences and corporate events
Cyprus has introduced a new four-year incentive scheme running from 2026 to 2029 to attract conferences, corporate events, and international competitions to the island. Organisers can receive financial support up to €35,000, with the goal of boosting tourism beyond the peak summer season and drawing higher-value visitors. This scheme provides transparency by informing organisers of available funding before event planning, aiding in competitive bidding processes.
The programme, with an annual budget of €150,000, covers a range of events including corporate conferences, academic meetings, incentive trips, international competitions, and sales workshops. Specific support levels vary, with up to €35,000 for corporate conferences, €25,000 for nonprofit and academic events, €20,000 for incentive trips, and €10,000 for international competitions. Events must have a minimum of 75% international participants, and locations outside peak seasons or in rural and remote areas receive additional incentives.
Applications are submitted electronically to the Tourism Deputy Ministry, with eligibility open to various organisations excluding those mainly state-funded or EU programme partner meetings. The scheme aims to make Cyprus a more competitive destination by allowing longer planning horizons and guaranteed support, thereby encouraging year-round tourism growth and international exposure.
No news yet
CYPRadar is a state-of-the-art, AI-powered Cyprus news aggregator that automatically crawls, filters, and translates local updates in real time. By continuously scanning a wide range of trusted Cypriot media outlets, blogs, and official RSS feeds, the platform identifies original stories and uses advanced language models to filter out duplicate coverage. The service then generates concise, objective summaries, ensuring that readers get a quick and clear understanding of every significant event without information overload.
The primary mission of CYPRadar is to provide comprehensive, multi-language coverage of Cyprus news to keep both residents and international visitors well-informed. The platform covers key events across all major cities and districts, including Nicosia, Limassol, Larnaca, Paphos, and Famagusta. By offering all updates simultaneously in five languages — English, Russian, Greek, Ukrainian, and Turkish — CYPRadar bridges communication gaps and ensures that everyone has equal access to critical local information, from policy changes to community events.
Stay updated on the vital tourism sector and hotel industry in Cyprus. Find reports on flight arrivals, tourism campaigns, hotel openings, luxury resort developments, beach safety, and travel advisory updates.