GEM Cyprus is conducted under the auspices and sponsorship of the Ministry of Energy, Commerce and Industry of Cyprus.
GEM Cyprus
Annual insight into entrepreneurship in Cyprus
GEM Cyprus is the national contribution to the Global Entrepreneurship Monitor, providing annual insight into entrepreneurial attitudes, activity, and ecosystem conditions in Cyprus.
Through research, reporting, and analysis, GEM Cyprus helps inform public discussion, policymaking, research, and ecosystem development.
Global EntrepreneurshipÂ
Monitor
Trailer
Panelists GEM 2026
CEO, E-Compvenience Group. Winning team of the Cyprus Entrepreneurship Competition 2025, LaunchPad
CEO, Certiligo. Winning team of the Cyprus Entrepreneurship Competition 2025, Accelerator
What is GEM Cyprus?
GEM Cyprus is the official national participation in the Global Entrepreneurship Monitor, an international research initiative that examines entrepreneurship through comparable annual data and national reporting.
Its purpose is to provide a clearer understanding of entrepreneurship in Cyprus by tracking how people view entrepreneurship, how many are starting or running businesses, and how experts assess the wider entrepreneurial environment.
2024-2025 Key Findings at a Glance
68.3% of adults in Cyprus personally know an entrepreneur, highlighting the strength of local entrepreneurial networks.
59.9% of adults in Cyprus believe they have the knowledge, skills, and experience to start a business.
24.1% of adults in Cyprus expect to start a business within the next three years, the highest level recorded in the last three years.
8.4% of adults in Cyprus are owner-managers of established businesses, above the European average.
38.3% of early-stage entrepreneurs in Cyprus expect to create six or more jobs within the next five years.
56.9% of early-stage entrepreneurs in Cyprus expect to increase their use of digital technologies to sell products or services.
36.5% of early-stage entrepreneurs in Cyprus consider Artificial Intelligence very important for their business in the next three years.
Latest Report
GEM Cyprus National Report 2023-2024
The latest GEM Cyprus report presents this year’s national findings on entrepreneurship in Cyprus, highlighting key developments, emerging trends, and areas of importance for the national ecosystem.
This report offers an annual evidence base for stakeholders seeking a better understanding of the entrepreneurial landscape in Cyprus.
Why GEM Cyprus Matters
Entrepreneurship shapes economic development, innovation, opportunity, and resilience. Understanding it requires more than isolated stories or assumptions.
GEM Cyprus provides annual evidence that helps support informed dialogue, stronger policymaking, academic research, and long-term tracking of entrepreneurship in Cyprus.
Explore GEM Cyprus
Annual Reports
Access the full archive of GEM Cyprus reports.
Key Findings
Review selected insights from the latest national report.
Methodology
Learn how GEM Cyprus research is conducted.