Cyprus Digital Innovation Hub (DIH)

CyRIC is the coordinator of the Cyprus Digital Innovation Hub (CyDi-Hub). It is a regional network hub of research, innovation, business and industry organisations, utilizing state of the art infrastructure, in order to bring the fourth digital revolution in Cyprus by offering cutting-edge digital technology innovations and services to the manufacturing industry.

The Vision

The vision of Cyprus Digital Innovation Hub (CyDI-Hub) is to bring the Fourth Digital Revolution in Cyprus by developing cutting-edge Digital Technology Innovations and helping Cypriot Enterprises adopt and benefit from them. CyDI-Hub vision is to address key industrial challenges in Cyprus on a well defined set of SMART (Specific, Measurable, Achievable, Realistic and Timebound) objectives.

CyDI-Hub caters for the specific needs and gaps of enterprises in its region, particularly SMEs, manufacturing companies and stakeholders nationwide. Cyprus’ economy is dominated by the service sector (84.5% of Gross Value Added) and has limited manufacturing and heavy industry sectors. Furthermore, the location of Cyprus in relation to other EU countries has further disincentivized local enterprises to enhance production capacity and modernise infrastructures. However, a major paradigm shift for Industry Digitization is emerging across EU and in Cyprus enabled from the combination of two distinct forces. On one hand the recent major financial crisis in Cyprus has raised the alarm on the need for GDP diversification and over reliance on Services sector is exceedingly risky. On the other hand, EU-wide policy makers and private sectors have aligned in an effort to bring back manufacturing capacity in Europe from Asia. Both forces are slowly making a dent in Cyprus, hence Cyprus DIH vision is to facilitate and accelerate this shift towards the Fourth Digital Revolution by aligning the regional stakeholders, industry and innovators. Given that Cyprus as an EU country is a single NUTS3 region, the vision is to establish a Nationwide DIH that brings together the necessary critical mass for having a significant impact to S3CY priority sectors. CyDI-Hub is committed to make an impact towards accelerating and enhancing R&D&I investment towards the direction of industry digitization.

Digital Innovation Hub Services

Business Support Services

 

  • Financial and Viability Assessment
  • Competition Analysis and Value Proposition
  • Access to Funding
    • Identification of Funding opportunities
    • Preparation & application for Local and EU grants
    • Preparation and application for private investments
    • Promotional Activities, workshops, trainings etc.
  • Assessment of Business ideas
    • Business Model Analysis
    • Business Strategy Review
    • Feasibility Studies
    • Business Plan

Incubation Services

 

  • Coaching & Mentoring
  • Creativity and ideation
  • Business Modelling
  • Technology Evaluation
  • Proof of concept
  • Prototyping
  • Product Design
  • Testing and Certification
  • IPR
  • Access to funding
  • Office Space Provision
  • Communication & Pitching

Technical Support Services

  • Product 3D Design & Prototyping
    • 3D Design and Development
    • 3D Rapid Prototyping
    • Design, Modelling and Simulations of Engineering Applications
    • Polymer Processing and Materials Technology
    • Industrial Processes – Design and Optimization
    • Energy and Environmental Sustainability Solutions
  • IoT & Software Solutions
    • Corporate Operational Infrastructure Implementation and Maintenance, including a hybrid datacentre
    • Public Cloud implementations, including pure cloud solution, cloud IaaS and hybrid cloud infrastructures
    • Internet of Things [IoT] to Cloud research and innovation development
    • Big Data analysis and a focus in contextual data analysis
    • Enterprise grade SaaS developments with high degree of versatility through cutting edge web interfaces and mobile device endpoint implementations
  • Earth Observation EO
    • Water and Marine Management
    • Urban and Land Management
    • Coastal Management
  • Robotics, Mechatronics, Electronics and Communication
    • Embedded systems design and prototyping
    • Internet of Things (IoT)
    • Design and integration of smart electronics devices and sensors
    • Design and analysis of mobile and wireless networks
    • Mechatronics System Design and Integration
  • Robotics, Mechatronics,
    • Product Design
    • Product Certification Consulting
    • Innovation and Technical Assessment
  • Interactive Media
    • 2D/3D renderings, animations, modelling and interaction techniques
    • Virtual and Augmented Reality
    • 3D Reconstruction of buildings
    • Computer-Based Restoration of Faces
    • Interactive objects with embedded sensing

 

Commercial Technical Services

  • Market Expansion
  • Access to Manufacturing facilities
  • Access to Logistics network internationally
  • Network with international businesses
  • Marketing activities for global markets
  • Sales Channels for global markets

CYPRUS DIGITAL INNOVATION HUB NETWORK MEMBERS

Coordinator
CYRIC Cyprus Research and Innovation Center is comprised of:

  • Certified EU-BIC Business Innovation Center
  • Research and Technology Center
Incubator
  • Gravity Incubator
R&D Associations
  • CARIE: Cyprus Association of Research and Innovation Enterprises
Cyprus Association
  • Startup Cyprus Association
Co-working Spaces
  • Limassol Grind
Investor Networks
  • CyBAN Cyprus Business Angels Association
  • Invest Cyprus – Cyprus Investment Promotion Agency CIPA
Universities
  • Frederick University
Government
  • Digital Champion, Ministry of Energy, Commerce, Industry and Tourism (MECIT)
Chambers of Commerce
  • CCCI Cyprus Chamber of Commerce and Industry with
    • 5 Local Chambers of Commerce & Industry (CCIs)
    • 8000 member Enterprises from the whole spectrum of business activity
    • 140 Professional Associations from trade, industry and services sectors
RTOs
  • INSPIRE Interdisciplinary Science Promotion & Innovative Research Exploration, UCLAN University
  • Eratosthenes Research Centre, Cyprus University of Technology
  • RISE Research Centre of Interactive Media, Smart Systems and Emerging Technologies, Municipality of Nicosia
  • RCDS Robotics Control and Decision Systems Laboratory, Cyprus University of Technology
  • CYNET – Cyprus Research and Academic Network
  • CIL, Cyprus Interaction Lab of the Department of Multimedia and Graphic Arts, Cyprus University of Technology

CONDUCT US

Address: 72, 28th Octovriou Avenue, Office 301, Engomi, 2414 Nicosia, Cyprus
Phone:  +357 22 282828
              +357 22 777200
Fax:   +357 22 777260
Email:  info@cyric.eu
Business Hours: Monday to Friday: 8am – 5pm