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RIF allocates €1.8 million for three new funding programmes

empowering innovation and research fostering excellence with vision erc

The Cyprus Research and Innovation Foundation (RIF) is allocating €1.8 million to fund three new programmes aimed at enhancing research excellence in the country. These initiatives provide financial aid and support for preparing European Research Council proposals, fostering international collaboration, and resubmitting unsuccessful ERC grant proposals.

How is the Cyprus Research and Innovation Foundation (RIF) supporting research and innovation?

The RIF is allocating €1.8 million to three new funding programmes aimed at enhancing research excellence in Cyprus. These programmes provide financial aid and support for:

  1. Preparing for European Research Council proposals through Vision ERC, with up to €100,000 per project.
  2. International collaboration via ERC Visiting Research Fellowship, offering €25,000 to €50,000 for global research exchanges.
  3. Resubmitting high-quality but previously unsuccessful ERC grant proposals with the Horizon Europe – 2nd Chance ERC, granting up to €100,000 per project.

Empowering Innovation and Research

The Cyprus Research and Innovation Foundation (RIF) has taken a significant step to foster a robust research culture within the country. With the introduction of three new national funding programmes, RIF emphasizes its commitment to enhancing research excellence. The total budget earmarked for these initiatives stands at an impressive €1.8 million, demonstrating a robust investment in the nation’s intellectual potential. This strategic move is expected to boost Cyprus’s presence and success rate in the prestigious European Research Council (ERC) competitions, particularly under the auspices of the Horizon Europe framework.

Fostering Excellence with Vision ERC

The inaugural programme, Vision ERC, represents a pioneering funding mechanism tailored to empower both nascent and seasoned researchers. With a generous allocation of €1 million from the total budget, this initiative offers up to €100,000 per project. The goal is to provide substantial support for research activities that lay the groundwork for subsequent ERC proposals. By investing in these early stages, Vision ERC positions Cyprus’s researchers to take full advantage of Horizon Europe’s opportunities, setting the stage for groundbreaking discoveries and developments.

International Collaboration with ERC Visiting Research Fellowship

The ERC Visiting Research Fellowship programme emerges as the second key initiative, reflecting an internationalist perspective on research and collaboration. With a fund of €200,000, the programme provides grants between €25,000 to €50,000 for researchers aspiring to engage with ERC-funded peers around the globe. This exchange fosters a vibrant knowledge-sharing environment, broadening the scope and impact of Cypriot research through international exposure and collaboration, subsequently enhancing the researchers’ profiles and their work’s visibility.

A Second Chance with Horizon Europe

Understanding that not every high-quality research proposal secures funding on its first attempt, the ‘Horizon Europe – 2nd Chance ERC’ provides a lifeline. Targeting researchers whose ERC Starting Grant, ERC Consolidator Grant, or ERC Advanced Grant submissions were well regarded but unfortunate in procurement, this tool allocates €600,000 to assist in refining and resubmitting their projects. With up to €100,000 available per project, the programme ensures that meritorious research receives the support it requires to achieve recognition and funding on a European scale.

Application Process and Additional Support

Prospective applicants should note that the deadline for all programme calls is set for December 17, 2024, or until funds are depleted. Successful applicants will not only receive financial support but also gain automatic access to a suite of innovation support services and knowledge transfer tools courtesy of the RIF. This comprehensive approach ensures that Cypriot researchers are well-equipped to navigate and excel within the competitive landscape of European research funding. For assistance or further information, researchers can reach out to the RIF partner support centre.

What are the three new funding programmes allocated by the Cyprus Research and Innovation Foundation (RIF)?

The Cyprus Research and Innovation Foundation (RIF) is allocating €1.8 million to fund three new programmes aimed at enhancing research excellence in the country. These initiatives include:
1. Vision ERC – Providing financial aid for preparing European Research Council proposals, offering up to €100,000 per project.
2. ERC Visiting Research Fellowship – Fostering international collaboration with grants ranging from €25,000 to €50,000 for global research exchanges.
3. Horizon Europe – 2nd Chance ERC – Resubmitting unsuccessful ERC grant proposals with grants of up to €100,000 per project.

How much funding is being allocated by the Cyprus Research and Innovation Foundation (RIF) for these new initiatives?

The Cyprus Research and Innovation Foundation (RIF) has allocated a total of €1.8 million for the three new funding programmes aimed at enhancing research excellence in Cyprus. Each programme has its own specific budget within this total amount to support researchers in different stages of their projects.

When is the deadline to apply for the funding programmes offered by the Cyprus Research and Innovation Foundation (RIF)?

The deadline for all programme calls offered by the Cyprus Research and Innovation Foundation (RIF) is set for December 17, 2024, or until funds are depleted. Prospective applicants are encouraged to submit their proposals before the deadline to be considered for financial aid and support to enhance their research projects.

How can researchers access additional support and innovation services through the Cyprus Research and Innovation Foundation (RIF)?

Successful applicants of the funding programmes offered by the Cyprus Research and Innovation Foundation (RIF) will gain automatic access to a suite of innovation support services and knowledge transfer tools provided by RIF. This additional support aims to equip researchers with the necessary resources to excel within the competitive landscape of European research funding. Researchers can also reach out to the RIF partner support centre for further assistance or information.

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