In order to accelerate the transfer of knowledge and the commercial exploitation of research results produced by local ecosystem actors
In entering into a Contract with the Italian Organization META Group Srl, the Research and Innovation Foundation proceeded with the operation of the Central Office of Knowledge Transfer within the IdEK.
The start of activities of the Convention is planned for May 2, 2023 and will be completed in December 2028.
The operation of the Central Knowledge Transfer Office is one of the investments of the National Plan “Cyprus – Tomorrow” with the aim of:
- To support the development of capacities and skills for knowledge transfer and commercial exploitation of research results at the national level.
- To provide knowledge transfer services in Research & Innovation implemented by Cypriot entities and to support their commercial exploitation, enhancing their impact on the local economy and society.
In his statement, the General Director of IEK, Mr. Theodoros Loukaidis said: “The collaboration with a leading Group like META Group brings us one step closer to achieving the strategic goals set for the commercial exploitation of research results in Cyprus and at the same time, it contributes to the creation of an entrepreneurial culture within academic and research institutions, facilitating the transfer of results from laboratories to the market, as well as the development of new products and services by businesses. The services of the Central Office of Knowledge Transfer will be provided free of charge and will be available to all actors of the ecosystem under the relevant state aid regulations.
For her part, the Managing Director of Meta Group, Ms. Alessia Melasecche, said: “We are proud to cooperate with the IdEK, contributing to the effort to transform Research and Development into innovation for the country. This is a unique opportunity for the R&D bodies of Cyprus to use the international experience and know-how that we have in matters of practical utilization of scientific knowledge, as well as the pivotal role of IdEK for economic development through research, technological development and innovation in the country. The META Group is a leading consultancy that works with public and private organizations to shape knowledge-based opportunities, from concept stage through implementation and completion. Its mission is to promote and create knowledge start-ups and ensure they generate positive impact while addressing society's most pressing challenges. The company is a leader in the exploitation of research results in the EU, supporting more than 1,800 consortia, more than 500 companies linked to private investors, and thousands of entrepreneurs and researchers trained and mentored.
Research and Innovation Foundation (IdEK)
The Research and Innovation Foundation (www.research.org.cy) is the national body responsible for supporting and promoting research, technological development and innovation in Cyprus. The implementation of its mission is achieved through the design and management of grant programs for research projects and innovative activities, in combination with the support of the inclusion of Cypriot researchers in research activities in the European and international arena.
< em>The Central Knowledge Transfer Office of Cyprus was operational for the first time in October 2022. It aims to strengthen knowledge transfer activities and support the commercial exploitation of research results produced in Cyprus. The services of the Central Office are provided free of charge to all the bodies of the local E&K ecosystem, while the head of the activities is the internationally acclaimed Dr. Phyllis Leah Speser.