![RIF outlines €45.3 million plan to bolster Cyprus’ innovation ecosystem](https://cyprus-mail.com/wp-content/uploads/2024/12/cyprus-business-now-startup-office-worker-tech-remote-2.jpg)
The Research and Innovation Foundation ( RIF ) this week announced its key funding calls for 2025, with a total budget exceeding €45.3 million .
According to the foundation, the planned programmes aim to strengthen Cyprus’ innovation ecosystem .
The plan, the foundation explained, involves pioneering funding initiatives that support the development of production lines for innovative products and artificial intelligence (AI) solutions to address challenges within the public sector.