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Demetris Skourides: "One must believe that their idea can reach millions of users – Let's not design for a small market"

A good idea is not just that, as a researcher or an innovative professional should think about how what he thought up in Cyprus can travel to the world, underlined the Chief Scientist for Research, Innovation and Technology, Demetris Skourides, emphasising that the researcher is called upon to think about how the product/idea can serve the public abroad.

Referring to the programs and policies that can help young people and companies take their products and solutions to foreign markets, Skourides pointed out, in the context of INSPIRE 2026, that recently the Research and Innovation Foundation has had programs that help internationalisation, with different missions abroad from the Asian side, from the Gulf side, etc.

He also explained that organisations like Plug & Play provide the opportunity for this thing to work with coherence.

"But what is needed is, first of all, someone to believe that their idea can reach millions of users, to believe in the product itself. Let's not just design for a small market," he noted.

Collaboration, fast speeds and a change of perspective

Emphasising the need for collaboration, which can bring success, he indicated that last October, in collaboration with the Municipality of Nicosia, astronauts were hosted in Nicosia.

"The issue is what we do next. And that's where we need to invest more in creating an ecosystem, which requires all stakeholders to come together to create. We need more collaboration and guidance from the most experienced people, to help the new generations see things with their entrepreneurial risk," emphasised the Chief Scientist, explaining that every idea has risk and capital that must be invested.

Demetris Skourides also called for a change of perspective, seeing things the way a young person might see them. "We see a young Elon Musk, who imagined the car a little differently than how Mercedes or BMW and so on saw it. We have now seen how Tesla has changed the automotive industry," he pointed out.

He also praised the role of speed and fast pace in the basis of the pace at which foreign markets and industries operate.

The Chief Scientist assured that Cyprus has proven that it has the research excellence and knowledge to be able to move forward, encouraging young people to dare. “I would tell our young people that we have many examples from Cyprus, which are already going out to the world and being exported. We also have the tools, which we can make available to help them. Failure is, if you want, a new opportunity, take the first step”, Skourides emphasised.

The discussion was moderated by journalist Themis Georgantas.

 

Strategic Partner: CYTA Business

Platinum Sponsor: Bank of Cyprus

Innovation Partner: Ίδρυμα Έρευνας και Καινοτομίας/Research and Innovation Foundation

Gold Sponsors: Cyfield Group, Zorbas Group

Silver Sponsors: Bioland Energy, Petrolina (Holdings) Public Ltd

Stage Sponsors: Invest Cyprus - CIPA , KPMG Cyprus, National Bank of Greece, Odyssey Cybersecurity

Academic Partner: University of Nicosia

Mobility Partner: Pilakoutas Group

Sustainability Partner: Electricity Authority of Cyprus

Hospitality Sponsor: Hilton Nicosia

Sponsor: IMR/UNIVERSITY OF NICOSIA , Αρχή Ανάπτυξης Ανθρώπινου Δυναμικού - Human Resource Development Authority of Cyprus, Henry’s by Columbia, 33East

Panel Sponsor: Allwyn Cyprus

Technology Sponsor: Abasis.AI

Wellbeing Partner: wayfitco.

Supporting Organisations: National Betting Authority , SkillsCyprus

Exhibitors: drastyc, Emphasys Centre, Giorgio Armani, Factorial ,GrantXpert Consulting Ltd, onlyseo., Photos Photiades Breweries ,Wolt, Bank of Cyprus Nicosia Marathon

Supporters: Cloud Office,CP Herbal Skin Care, Farm Wisely Cyprus, Chr. Kapodistrias & Sons Ltd, Superhome Center, Alphamega Hypermarkets

Mimajo Healthy Snacks Ltd, Robura Asset Management, University of Limassol, Voici la Mode Group of Companies

With the Support of: Cyprus Computer Society, CITEA, CCCI, CPMA, OEB, Youth Board of Cyprus,TechIsland, StudentLife Academy, CSR Cyprus

Communication Sponsors: SuperFM, REPORTER, IN Business, Cyprus Business News, Alpha TV

Organiser: IMH

Under the Auspices: Nicosia Municipality

(Source: InBusinessNews)