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- Ελληνικά
The Department of Town Planning and Housing, Ministry of Interior, announces the announcement of the 2nd Call for Applications for the Grant Scheme for the Enhancement of Business Activity in the Walled City of Nicosia.
The Grant Scheme is part of the Action Plan for the Regeneration and Revitalisation of the Walled City of Nicosia.
The Scheme concerns the provision of financial assistance and is addressed to natural or legal persons, owners, tenants or lessees of buildings (with the signed consent of the owners or the Custodian of Turkish Cypriot Properties), who carry out or will carry out economic activity, for the purpose of enhancing business activity, in the area of the walled city of Nicosia.
The main objectives of the Plan are to attract new businesses and encourage existing businesses to move to the areas where the Plan will be implemented, to encourage businesses already operating in these areas to expand their existing facilities, the social and economic upgrading of the area, the upgrading of the built environment by contributing to the circular economy and green growth, the increase in the number of visitors to Nicosia within the walls, as well as the creation of new jobs. The Project will remain open until 31 December 2026 and potential beneficiaries will be able to submit applications in specific time periods, which will be defined in the relevant call for proposals.
The total budget for the 2nd Call for Proposals, launched today, 31 July 2023, amounts to €2 million.The amount of the grant will be 60% of the eligible costs of each Proposal, with a maximum financial assistance of €80,000 per project.
Applications under the 2nd Call of the Grant Scheme will be accepted from 31 July 2023 until 29 December 2023.
Applications under the 2nd Call of the Grant Scheme will be accepted from 31 July 2023 until 29 December 2023. Submission is online only, via the link: https:/hippodamus.tph.moi.gov.cy/ApplicationSubmission.
Applicants must meet specific criteria and requirements in order to be eligible to become a beneficiary, which are detailed in the Grant Scheme Guide.
For further information or technical assistance on the Sponsorship Scheme, interested parties may contact the TPO as follows:
Sponsorship Scheme Information:
Elena Herodotou 22409838 eherodotou@papd.mof.gov.cy
Technical support for online application submission:
Andrea Herodotou 22409543 andreah@netu.com.cy.
(MKY)
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