The last few years the island has been making significant strides in its quest to becoming a source of internationally relevant, disruptive, scalable innovation. The evidence shows an upwards trend in fundable» innovation and the momentum within the ecosystem is pointing toward specific areas of potential interest. It will attract more private, institutional and corporate venture capital. This also changes the role and the range of activities of investment funds in Cyprus.

Philip Ammerman moderated this session with three seasoned investors: Andreas Panayi, Cofounder, Managing Director, Kinisis Ventures; Alexander Shkuratov, Co-founder Prodly, founder AvanTech Ventures, Island School; Roman Gurskiy, Games & Entertainment leader, GEM Capital.

Philip is a business consultant, angel investor and a digital entrepreneur. Andreas looks for new ideas in Cyprus and helps startups to grow, taking them to the US market. Alexander built a school in Limassol this summer (Cyprus record in speed of getting things done) and he is a successful venture investor and business leader. Roman is a recognised expert and successful investor in the gaming industry. This panel discussed Cyprus’ evolving innovation ecosystem and prospects of Cyprus becoming a regional innovation and research centre.