Small and Medium Enterprises Expand with Support Programs

Cypriot SMEs continue to be a major driver of economic activity. In 2025, over 2,000 new SMEs were established, focusing on technology, tourism services, and professional services.

Government programs offering grants, low-interest loans, and advisory support have enabled entrepreneurs to expand operations and adopt digital technologies. These measures improve competitiveness and foster innovation, contributing to job creation and regional economic growth.

Analysts note that SMEs are more resilient in turbulent economic conditions, providing stability and flexibility to the broader economy. Continued investment in training, infrastructure, and financial support is expected to sustain SME growth in coming years.