Cyprus has signed up to the second phase of the European Tech Champions Initiative (ETCI 2.0), a European investment programme designed to mobilise €80 billion to back more than 1,500 fast-growing technology companies across Europe. Cyprus signs onto the initiative through a formal declaration alongside 20 other EU member states, with Greece also among the participating countries. The sources describe the ETCI 2.0 as a coordinated effort to channel investment toward technology firms considered to be in a high-growth stage. The move places Cyprus within a wider EU group advancing the programme’s goals during its next phase. The information provided does not detail the specific funding mechanisms, timelines, or how Cyprus-based firms will access the support, but it confirms Cyprus’s participation at the policy and commitment level through the signed declaration. The initiative is framed as an investment drive rather than a single-country scheme, indicating that the planned resources are intended to operate across participating states and the broader European technology ecosystem.