What Invest Cyprus does

Invest Cyprus is the National Investment Promotion Authority of the Republic of Cyprus, established in 2012 and headquartered in Nicosia. Operating as a non-profit government agency with a team of approximately 15–20 staff, it holds an exclusive statutory mandate to attract and facilitate foreign direct investment into Cyprus, functioning as a one-stop shop across the full investor lifecycle including location selection, business setup, staff relocation, newcomer facilitation, and aftercare for existing investors.

The agency's core technology and product portfolio centers on digital investor-facing platforms: Project Bank, a marketplace connecting investors to opportunities in healthcare, tourism, renewable energy, education, and scale-ups; the Opportunities for Talent Platform for job matching; the Minds in Cyprus diaspora program; and the newly launched Plug and Play Tech Centre partnership for startup acceleration. Its broader go-to-market combines direct investor engagement with international forums co-organized with the Financial Times, presidential business missions to the US, India, Kazakhstan, and other markets, and a network of bilateral MoUs with agencies such as ANIMA, Enterprise Greece, and the Portuguese-Brazilian Chamber of Commerce. Services are provided free of charge to investors, and the agency is funded through government appropriations rather than commercial revenue.

Name

Invest Cyprus

Legal name

Cyprus Investment Promotion Agency

Website

https://investcyprus.org.cy

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Invest Cyprus is the Republic of Cyprus's government-mandated National Investment Promotion Authority, providing free one-stop-shop advisory, digital platforms, and diplomatic-backed missions to attract foreign direct investment into Cyprus across technology, financial services, and shipping.

Ownership category

akta.pro rank

Product category

Investment Promotion Services

NAICS

Portfolio Management and Investment Advice (523940), Miscellaneous Intermediation (52391)

SIC

Investment Advice (6282), Foreign Governments (8888)

akta.pro primary industry

Public Asset & Investment Management (BPAIAEAG)

akta.pro secondary industry

Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG)

Keywords

• Investment promotion services
• Foreign direct investment
• Business relocation services
• Investor facilitation services
• Economic development agency

Headquarters

HQ city

Nicosia

HQ country

Cyprus

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Government Funding: Invest Cyprus is a government agency funded by the Republic of Cyprus to attract and facilitate foreign direct investment. The organization does not generate commercial revenue but operates as a public institution supporting national economic development goals.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels12 records

Core offering

Invest Cyprus is the National Investment Promotion Authority of the Republic of Cyprus, providing free advisory and facilitation services to foreign investors. Its core offerings include end-to-end support across the investment lifecycle: location selection, business setup facilitation, staff and family relocation assistance, newcomer facilitation, and aftercare services for existing investors. The agency complements these advisory services with digital platforms such as Project Bank (an investment opportunities marketplace) and the Opportunities for Talent Platform (a job-matching portal), alongside sector-specific promotion across technology, financial services, shipping, tourism, and renewable energy.

Product overview

Invest Cyprus is the National Investment Promotion Authority of Cyprus, operating as a government agency rather than a commercial product company. The organization offers a portfolio of investment promotion services and platforms including Project Bank (a digital investment opportunities marketplace), the Minds in Cyprus diaspora attraction initiative, the Opportunities for Talent Platform for job matching, and the Plug and Play Tech Centre partnership for startup ecosystem development. These offerings are complemented by advisory services for foreign direct investment attraction, business setup facilitation, and investor aftercare support. The organization functions as a one-stop shop for investors seeking to establish or expand operations in Cyprus.

Differentiator

Problem solved

Functional benefit

Products and services

• Project Bank A one-stop-shop digital platform introduced by Invest Cyprus that connects regional and international investors with high-value investment projects in sectors such as healthcare, tourism, renewable energy, education, and scale-ups.
• Minds in Cyprus A diaspora talent attraction initiative designed to connect Cypriot professionals living abroad with employment and business opportunities in Cyprus, featuring career fairs and company presentations in target cities such as Birmingham and London.
• Opportunities for Talent Platform An online platform through which professionals can register and access information about specialized job positions posted by businesses and organisations operating in Cyprus.
• Plug and Play Tech Centre Cyprus A Silicon Valley-based innovation organization's Tech Centre launched in Cyprus to strengthen Cyprus' position on the global innovation map, creating prospects for startups, research organisations, investors, and outward-looking businesses through mentorship and corporate partnership access.
• Invest Cyprus Advisory Services Comprehensive investment promotion services including location selection support, business setup facilitation, staff relocation assistance, newcomer facilitation, and aftercare services for existing investors.

Quantifiable outcome

• FDI inflows reached €8.5 billion in 2024, marking 60% increase
• +5 more outcomes

Named customers20 records

Segments7 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

15 partnerships are on record, tiered core, important and minor.

• ANIMA Investment NetworkcoreStrategic or Co-development Partner · 15 June 2026Co-hosted EUROMED DAYS 2026, a three-day regional investment forum in Nicosia during Cyprus' Presidency of the EU Council. The partnership brought together senior leaders from public and private sectors across Europe, Mediterranean, Africa and beyond. The forum also marked the 20th anniversary of ANIMA Investment Network and reinforced Cyprus' strategic role as a bridge between Europe and the wider Mediterranean region.
• Portuguese-Brazilian Chamber of CommerceimportantGTM or Marketing Partner · 28 April 2026MoU signed at WTC Lisbon establishing framework for cooperation to promote investments and business synergies between Brazil, Portugal, Cyprus, Europe, and the MENA region. Part of Cyprus's broader outward-looking strategy toward Latin America, building on investment cooperation agreements signed since September 2023.
• Plug and PlaycoreStrategic or Co-development Partner · 7 April 2026Silicon Valley-based innovation organization launched its Tech Centre in Cyprus at the presidential palace. Plug and Play is active in more than 60 locations worldwide and is expected to strengthen Cyprus' position on the global innovation map. The partnership includes a three-year program to empower 60 Cypriot startups with mentorship and potential investment, with six three-month programs and access to 500+ corporations.
• Enterprise GreeceimportantStrategic or Co-development Partner · 1 April 2026Renewed Memorandum of Cooperation between Enterprise Greece and Invest Cyprus. The two investment promotion agencies enjoy longstanding and fruitful collaboration supporting bilateral economic cooperation between Greece and Cyprus.
• Invest MinasimportantGTM or Marketing Partner · 10 March 2026MoU signed to foster economic cooperation and strategic partnerships between Cyprus and Minas Gerais, Brazil. Agreement aims to enhance access to global markets, strengthen economic ties, and create synergies based on innovation and sustainable development.
• Financial TimescoreGTM or Marketing PartnerCollaboration with Financial Times for international investment forums in London targeting UK investors. Forum brought together fund managers, institutional investors, and business executives from UK and Europe to discuss investment opportunities in technology, energy transition, and real estate, as well as Cyprus's regulatory framework and geopolitical position.
• Digital Cooperation Organisation (DCO)importantStrategic or Co-development PartnerDCO Secretary-General visited Cyprus to strengthen international partnerships underlining Cyprus's growing role as emerging digital hub. Meetings with Invest Cyprus reviewed progress on DFDI Cyprus initiative and discussed opportunities for greater collaboration with the DCO. DCO membership positions Cyprus in global digital cooperation framework.
• Cyprus-India Business AssociationimportantGTM or Marketing PartnerParticipated in investors' roundtable hosted by Invest Cyprus with President Christodoulides, bringing together Indian and Cypriot officials, technologists, and entrepreneurs to explore deeper economic and technological ties focused on AI, digital infrastructure, and startup ecosystems.
• HT Labs (HT Media Group)minorGTM or Marketing PartnerInnovation arm of HT Media Group participated in discussions alongside Cyprus-India Business Association, with several organizations expressing intent to explore investments and strategic partnerships in Cyprus following the engagement.
• Cyprus Chamber of Commerce and Industry (CCCI)coreGTM or Marketing PartnerCo-organized Business Forum with Indian partners during President Christodoulides' official visit to India with business delegation of over 45 Cypriot companies. Approximately 250 targeted B2B meetings scheduled between Cypriot and Indian business representatives.
• Greek Ambassador to CyprusimportantOthersAmbassador Konstantinos Kollias highlighted strong bilateral cooperation between Greece and Cyprus, with Greece being Cyprus's 3rd largest market accounting for 6.8% of exports. Institutions enjoy longstanding cooperation supporting economic collaboration.
• Deputy Ministry of Research, Innovation and Digital PolicycoreStrategic or Co-development PartnerGovernment ministry co-funding Plug and Play Cyprus operations and working on digital transformation initiatives. Active collaboration on innovation policy and startup ecosystem development.
• Research and Innovation Foundation (RIF)coreStrategic or Co-development PartnerGovernment foundation co-funding Plug and Play Cyprus program and providing support for innovation and research initiatives. Funding covers participation costs for startups with no equity required.
• WAIPAminorGTM or Marketing PartnerWorld Association of Investment Promotion Agencies participated in EUROMED DAYS forum cooperation.
• WAPPPminorGTM or Marketing PartnerWorld Association of PPP Units & Professionals participated in EUROMED DAYS forum cooperation.

Scale indicators17 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• ICEX Spain Trade and Investment: Spain's national trade and investment promotion agency, providing FDI support as part of a broader trade and export mandate — overlapping with Invest Cyprus in investment promotion but broader in scope.
• Invest in Canada (Canadian Trade Commissioner Service): Canada's federal FDI attraction service under the Trade Commissioner Service, providing market entry support and investor aftercare similar to Invest Cyprus but operating at a significantly larger scale.
• Enterprise Singapore: Singapore's government agency championing enterprise development and attracting international investors to Singapore, often benchmarked as a gold-standard national investment promotion agency.

Direct peers

• Netherlands Foreign Investment Agency (NFIA): Operates under the Ministry of Economic Affairs to attract foreign direct investment into the Netherlands, offering services similar to Invest Cyprus including location advisory, regulatory guidance, and aftercare.
• AICEP Portugal Global: Portugal's trade and investment agency, with a comparable mandate of attracting FDI and supporting Portuguese exports. Recently signed bilateral cooperation with Invest Cyprus, signaling peer alignment.
• Business France: France's national agency supporting international investment and export development, providing a one-stop shop for foreign investors that closely mirrors the Invest Cyprus mandate in scope and delivery.
• Enterprise Greece: Greece's official investment and trade promotion agency, with which Invest Cyprus maintains an active bilateral cooperation. Closely comparable as a Mediterranean EU member-state investment promotion agency.
• IDA Ireland: Ireland's national investment promotion agency, offering comparable FDI attraction services, aftercare, and sector-specific promotion across technology, financial services, and life sciences — making it the closest functional peer to Invest Cyprus within the EU.
• Germany Trade & Invest (GTAI): Germany's economic development agency, providing foreign market entry support and investment promotion for foreign companies targeting Germany — comparable in scope to Invest Cyprus's mandate.

Regional players

• Dubai Investment Development Agency (Dubai FDI): UAE's federal investment promotion authority focusing on the Dubai/MENA corridor. Comparable in function to Invest Cyprus but with a regional rather than EU target market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/investcyprus
• YouTubeyoutube.com/channel/UCSOQwz1Jj0MqCsXvHtj8mUA
• Facebookfacebook.com/InvestCyprus1
• LinkedInlinkedin.com/company/cyprus-investment-promotion-agency---cipa
• Instagraminstagram.com/investcyprus_official/?hl=en

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Invest Cyprus