Ecosystem
It takes an ecosystem to scale a startup
Cyprus’s innovation ecosystem has been rapidly expanding. It achieved one of the largest jumps in the StartupBlink Global Startup Ecosystem Index, entering the global top 50 and ranking strongly among countries with populations under 2 million, with substantial growth in startup activity.
The ecosystem encompasses 500+ startups and scale-ups, 15+ incubators/accelerators, 12 universities, 7 Centers of Excellence, and over 12 research institutes with several thousand researchers and professionals.
Meet the ecosystem of GreenSyn
Ecosystem Collaborators
Boasting many years of experience in Renewable Energy Sources, Green Energy Group offers integrated energy-saving solutions in Cyprus. Registered and approved by the Cyprus Energy Regulatory Authority (CERA) as an Electricity Supply Company since 2019 while having also participated in the Transitional Period of the Competitive Electricity Market since October 2022.
GEG consciously utilizes cutting-edge technologies, establishes partnerships with worldwide companies in the industry and implements the best practices throughout its range of services. With its highly trained professionals, GEG provides integrated high-performance solutions for homes, businesses and investments in Renewable Energy Sources units, such as photovoltaic parks. GEG manages all services offered in the energy sector, with vast experience and specialized staff. It develops large-scale projects in production and studies the development of energy storage projects. It covers all sectors of solar energy and in particular photovoltaic production, such as the utilization of Net Metering in residential installations, account offsets, self-production by commercial and industrial customers, installation and maintenance of large parks, etc.
GEG aims to become the leader in the wider field of energy with an emphasis on green energy and a catalytic contribution to the country's energy transformation, by offering their services and products to residential and business consumers.
W11 Ventures is growth and innovation advisory and venture friend, with an investment pillar scaling startups and innovative companies and a value adding connector of corporates and venture funds with the innovation ecosystem, creating partnerships with a proactive role geared to genuine value creation and growth. W11 has an exclusive positioning, and a broad network, especially in the European research, innovation and technology ecosystem and key stakeholder organizations. W11 is a trusted hands-on strategic partner to its portfolio and clients along an investment readiness pathway, throughout their lifecycle, from startup, to scaleup, and growth phases, looking for business development, capital raising, growth and exit opportunities. W11’s unique 360 approach and expertise add value, and interconnect the ecosystems, filling the gaps, creating competitive advantage for its clients.
NetZero is today the foremost early-stage investor and venture builder in Israeli climate and energy deep tech. We have a venture-building approach which includes identifying promising hard science technologies from leading academic labs and creating robust companies around them, as well as investing in young companies where the core team is already in place. We can take bold strides in green tech where others can’t – thanks to our partnership with the Israel Innovation Authority that allows us to effectively mitigate the risks associated with early-stage deep tech investments.
G.P. Cyprus Energy Raif V.C.I.C. Plc is registered with the Cyprus Securities And Exchange Commission as a registered alternative investment fund.