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Cyprus News Agency: News in English, 07-04-16
CONTENTS
[01] COMMISSIONER HUBNER - CYPRUS
[01] COMMISSIONER HUBNER - CYPRUS
Cyprus is characterised by a highly educated work force and it needs to
create high value jobs that match the high qualifications, EU
Commissioner for Regional Policy Danuta Hubner said during a conference
on Structural Funds 2007- 2013: Opportunities for Small and
medium-sized Enterprises held in Limassol.
Many Cypriot researchers and innovators are today working abroad,
because the opportunities in the country are limited, she noted adding
that that is why in the programming period 2007-13, we will target
investment at centres of excellence, like the new Limassol University
of Technology.
Hubner who is paying a visit to Cyprus where she is inspecting projects
which have received EU funding, said this should allow for the creation
of spin offs in the form of companies able and willing to exploit
commercially the research results. ``For this to happen, we must also
foster a spirit of risk-taking in companies by providing subsidies,
soft loans or technical support in areas such as the protection of
patents, Hubner noted.
As regards Small and medium-sized Enterprises (SMEs), she said that in
the future programmes, regions can choose to provide specific support
so that SMEs themselves can invest in research and development. But
support can also be provided to promote technology transfer.
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