{"id":10053,"date":"2026-04-22T09:43:56","date_gmt":"2026-04-22T09:43:56","guid":{"rendered":"https:\/\/news.asbis.com\/news\/?p=10053"},"modified":"2026-04-22T09:44:30","modified_gmt":"2026-04-22T09:44:30","slug":"asbis-joins-forces-with-cyprus-government-and-plug-and-play-as-founding-partner","status":"publish","type":"post","link":"https:\/\/news.asbis.com\/news\/press\/asbis-joins-forces-with-cyprus-government-and-plug-and-play-as-founding-partner\/","title":{"rendered":"ASBIS joins forces with Cyprus government and Plug and Play as founding partner to scale local tech ecosystem\u00a0"},"content":{"rendered":"\n<p>ASBIS Group (WSE: ASB) \u2013 a leading Value Add Distributor, developer, and provider of ICT, IoT products, solutions, and services to the markets of Europe, the Middle East, and Africa (EMEA), is proud to announce its role as one of the four founding corporate partners of&nbsp;<strong>Plug and Play Cyprus<\/strong>.&nbsp;<\/p>\n\n\n\n<p>This landmark initiative, launched in collaboration with the Government of the Republic of Cyprus,&nbsp;establishes&nbsp;the world\u2019s largest innovation platform and venture capital firm in Limassol. As a strategic partner, ASBIS will play a pivotal role in&nbsp;identifying, mentoring, and scaling high-potential Cypriot startups, bridging the gap between local innovation and the global marketplace.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Empowering the next generation of tech leaders<\/strong>&nbsp;<\/h3>\n\n\n\n<p>ASBIS\u2019s involvement goes beyond financial support; the company acts as a dedicated corporate partner to Plug and Play. The primary&nbsp;objective&nbsp;is to scout for promising Cypriot startups that can&nbsp;leverage&nbsp;the acceleration program to achieve rapid growth within the local environment and successfully expand into international markets.&nbsp;<\/p>\n\n\n\n<p>&#8220;Cyprus is rapidly emerging as a premier European startup hub, and ASBIS is committed to fueling this transformation,&#8221; said&nbsp;Tziamalis&nbsp;Constantinos, Deputy CEO of ASBIS Group. &#8220;By combining our extensive global distribution network and market expertise with Plug and Play\u2019s world-class acceleration model, we are providing Cypriot entrepreneurs with a clear pathway to global scale.&#8221;&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Strategic impact and program details<\/strong>&nbsp;<\/h3>\n\n\n\n<p>The launch of Plug and Play Cyprus marks a significant milestone for the Eastern Mediterranean technology sector. The program focuses on high-growth verticals, including&nbsp;<strong>Fintech,&nbsp;Regtech, Gaming, Social\/Leisure, Shipping, and Energy.<\/strong>&nbsp;<\/p>\n\n\n\n<p><strong>The Accelerator:<\/strong>&nbsp;Following an open call for applications (closing mid-May), ten selected startups will&nbsp;participate&nbsp;in a three-month intensive program from late May through September.&nbsp;<\/p>\n\n\n\n<p><strong>ASBIS Role:<\/strong>&nbsp;As a founding member, ASBIS will provide selected startups with access to industry experts, corporate connections, and mentorship sessions focused on fundraising, sales, and global expansion.&nbsp;<\/p>\n\n\n\n<p>This partnership reflects a shared commitment between the public and private sectors, including the Cyprus Deputy Ministry of Research, Innovation and Digital Policy, to invest in innovation that delivers real economic impact and creates high-quality jobs on the island.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ASBIS Group (WSE: ASB) \u2013 a leading Value Add Distributor, developer, and provider of ICT, IoT products, solutions, and services to the markets of Europe, the Middle East, and Africa (EMEA), is proud to announce its role as one of the four founding corporate partners of&nbsp;Plug and Play Cyprus.&nbsp; This landmark initiative, launched in collaboration&#8230;<\/p>\n","protected":false},"author":1,"featured_media":10054,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[22],"tags":[],"class_list":["post-10053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - 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