12° Nicosia,
27 May, 2024

Paphos mayor to welcome three university-backed startup ventures

Paphos municipality pledges support for startup ecosystem growth


In a move set to bolster innovation and technological advancement, three dynamic startup ventures, handpicked by the American University of Beirut (AUB) and the Zein AUB Innovation Park, are poised to make Paphos their new home. A delegation representing these pioneering companies, alongside officials from AUB, convened with Paphos Mayor Phaedon Phaedonos on Tuesday to solidify plans for their relocation.

The trio of companies, specializing in cutting-edge energy and agricultural technology, aptly named EnergyTech and AgriTech, will find a nurturing environment within the confines of the Pafos Research, Technology, and Innovation Centre. Mayor Phaedonos emphasized that Paphos offers an idyllic setting for the incubation and growth of innovative ventures, underscored by its exceptional quality of life.

"Paphos stands as a beacon for innovation, fostering an ecosystem that thrives on the energy and creativity of startups," remarked Mayor Phaedonos. "Our municipality remains steadfast in its commitment to nurturing a dynamic environment that attracts and empowers entrepreneurs."

This strategic partnership between Paphos and esteemed institutions like AUB and the Zein AUB Innovation Park not only underscores the city's dedication to fostering innovation but also reinforces its standing as a hub for technological advancement. By providing a conducive and supportive atmosphere, Paphos continues to carve its niche as a center of excellence for burgeoning startups.

The convergence of these innovative enterprises with Paphos's progressive landscape signifies a promising chapter in the city's journey towards becoming a hotbed for innovation and technological ingenuity. With the groundwork laid for collaboration and growth, Paphos stands poised to usher in a new era of innovation-driven prosperity.

[With information sourced from CNA]

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