National Bank of Cyprus and KPMG Cyprus sign MoU to back startups
National Bank of Cyprus and KPMG Cyprus signed a Memorandum of Cooperation setting up a strategic framework between the NBG Business Seeds programme and the KPMG Startup Innovation Lab. The stated aim is to support innovative companies and widen their access to networks, know-how, mentoring and growth opportunities in Cyprus and Greece. The two organisations had already cooperated over the past year, connecting businesses with their respective ecosystems and networks, and that experience led to a more structured, long-term framework. The partnership is presented as a bridge between Cyprus and Greece, helping innovative firms grow beyond their local markets.
For founders and startups based in Cyprus, the agreement opens a single route into two networks and mentoring schemes spanning Cyprus and Greece; the announcement sets no targets, funding amounts or deadlines.