Grants Scheme for Encouraging Reduction of Greenhouse Gas Emissions in Businesses

Written by A. Antoniades on August 1, 2024. Posted in News.

Following our circular dated July 26, 2024, on the necessity of the Green Transition in Cypriot Businesses, we inform you that the Department of Environment, aiming for further supporting of businesses in adopting sustainable practices, is once again extending the application deadline for the “Grant Scheme for Encouraging the Reduction of Greenhouse Gas Emissions in Businesses.”
The new deadline is set for Monday, September 30, 2024, or until the available budget of €5,000,000 is exhausted (whichever comes first).
Eligible applicants are large and small businesses (SMEs) that meet the eligibility criteria. The maximum grant amounts and support rates are as follows:

(a) Large Businesses: 60% up to €18,500
(b) Medium Businesses: 70% up to €15,500
(c) Very Small/Small Businesses: 80% up to €11,500

Interested parties are advised to carefully review the Scheme’s Implementation Guide, the application form, as well as all announcements posted on the Department of Environment’s website, at the following electronic links:
Greenhouse Gas Emission Reduction (moa.gov.cy)
Scheme Forms

Questions and clarifications can be submitted via email to: supportscheme@environment.moa.gov.cy

PDF Circular – Grants Scheme for Encouraging Reduction of Greenhouse Gas Emissions in Businesses