articles | 11 September 2026 | Elias Neocleous & Co LLC

Cyprus Business Development Organisation Law: New Funding Opportunities for SMEs

On 3 September 2026, the Court of Justice of the European Union (CJEU) delivered its judgment in Case C-798/24, Jautiva, addressing the balance between corporate transparency and data protection in relation to public access to shareholder information.

Access to finance can be a defining factor in the growth and competitiveness of SMEs. Cyprus’ new Business Development Organisation aims to make that access easier by helping eligible businesses connect with public, European and other sources of funding.

Our lawyers Ramona Livera and Alexandra de Gouveia look at the new framework introduced by the Cyprus Business Development Organisation Law 2026 and what it could mean in practice for Cypriot businesses.

They explore the Organisation’s anticipated role in addressing financing gaps and supporting entrepreneurship, innovation and the digital and green transition, while highlighting the key legal, regulatory and corporate considerations businesses should keep in mind as the framework becomes operational.

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