Cyprus' Young Entrepreneurs Compete for €200,000 in Stelios Awards

Applications for the 2026 Stelios Awards are open until October 31, offering three cash prizes to promising businesses in Cyprus. The awards ceremony will take place on November 10 in Nicosia, with the winner receiving €100,000, the second-placed entrepreneur €60,000, and the third €40,000. Since the scheme's launch in 2023, more than €360,000 has been awarded to young entrepreneurs. Last year's winner, George Chrysostomides, donated his €100,000 prize to support young entrepreneurs and families in need. The Stelios Awards aim to promote entrepreneurship, business growth, and job creation in Cyprus. The initiative is part of Sir Stelios Haji-Ioannou's efforts to support young people building businesses in the country. The awards have grown significantly since their introduction, with the prize fund increasing from €100,000 in 2024 to €200,000 in 2025 and maintained for 2026.