Grow your business in Cyprus


In Cyprus, the EBRD helps small and medium-sized businesses grow, succeed, then grow again, becoming genuine catalysts for their local economies, then their region.

We connect our clients to local consultants and international advisers who can help transform a huge range of businesses. From the smallest looking to grow to those going global, our expert network of doers, thinkers and advisers help our clients to step up and start thinking big.

We support businesses from many industries, such as food and beverages, wholesale and retail distribution and construction and engineering. We don’t just work in the capital city. In fact, 60 per cent of our projects are outside Nicosia.

Whether it’s a new website, a quality management system, a marketing strategy or even a completely new governance structure, we work with you to define the best project to fit your needs. Then, we’ll support you through the whole process, using our years of experience to make sure the project achieves the best results. One year after every project, we return to measure the impact we made. And the results speak for themselves.

Within a year of a project:

  • 77 per cent of our clients increase their turnover
  • 57 per cent see significant job creation
  • 17 per cent secure external financing.
Key documents

Funding and results

We launched our advisory activities in Cyprus in 2015, and, to date, we have helped more than 86 enterprises access advice, thanks to funding from the European Union, the European Regional Development Fund and the EBRD Shareholder Special Fund. Our work in Cyprus is currently co-funded by the European Regional Development Fund.