Make a Website and get a rebate up to 500 CYP.

Now you can develop a web site and if your business is eligible, you can get up to CYP £500 refund from Cyprus Institute of Technology. Special rules apply so please read the following:

Objective of the Scheme
The objective of this scheme is to promote the use of the Internet by the Cypriot enterprises particularly in securing export business.

Eligibility
Beneficiaries of the scheme are small and medium enterprises {as defined by Article 2 of the Law 5(2), under The Government Subsidy Law 2001}, operating in Cyprus, in the manufacturing sector {as defined under Section D of the NACE CODE (Rev. 1)}.

Procedure
The subsidy is granted following an evaluation of the web site of the applicant enterprise by the Cyprus Institute of Technology. All relevant invoices and receipts, which confirm the settlement of the accounts, for the development of the web site are to be submitted to the Cyprus Institute of Technology.

Subsidy
The subsidy includes 50% of the cost for the development of the web site at a maximum subsidy of CYP £500.

For more information visit http://www.technology.org.cy/