Joint programme will bring together a research institution and company from each country per project
Greece and Cyprus have signed a declaration of intent to increase their cooperation on research and innovation.
They announced on 8 September that they will create a joint programme to fund public-private innovation projects in five areas: public health, renewable energy, digitisation, sustainable agriculture and smart cities.
Each project must include a university or research institution and a business from each country, with the overarching objective being to boost both economies.
“We have realised…that there is significant room for improvement in critical areas that we need to take advantage of,” said Greece’s research minister, Christos Dimas.
The announcement did not say how much money the countries would set aside for the programme.