Startup Innovation Lab (SIL) Accelerator officially launches

The Startup Innovation Lab (SIL) Accelerator has officially launched, marking a significant development in the startup innovation landscape.

The launch event, held on 6 February, at the KPMG in Cyprus offices in Nicosia featured keynote speeches, panel discussions, and a presentation of the Accelerator's programme, attended by local industry leaders, investors, and entrepreneurs. SIL Accelerator aims to bridge the gap between startups and investors through a 16-week programme offering mentorship, workshops, and networking opportunities.

Key features of the Accelerator:

• Personalised mentorship from industry veterans and successful entrepreneurs,
• Access to a curated network of active investors,
• Comprehensive support in financial and investment readiness, including governance structure,
• Opportunities to collaborate and network with leading professionals in the ecosystem.

"The launch of SIL Accelerator represents a pivotal moment for startups looking to scale and succeed", said Pangratios Vanezis, Board Member, KPMG in Cyprus, and Head of Enterprises & Startups and Startup Innovation Lab. "At SIL we understand and appreciate the misalignment between investors and founders. Our goal is to provide not only funding opportunities but also the expertise, guidance and community that startups need to thrive in today's competitive landscape".

While at the same time, Christos V. Vasiliou, Managing Director, KPMG in Cyprus highlights, “The launch of the Startup Innovation Lab (SIL) and the Accelerator marks the beginning of an exciting journey, reflecting our vision for the future of innovation and entrepreneurship in Cyprus. At KPMG in Cyprus, we take pride in driving innovation and empowering businesses to grow, scale, and thrive in a constantly evolving world. We recognise that for innovation to truly flourish, a strong and supportive ecosystem is essential. Startups face challenges beyond funding—they need expert guidance, structure, and a robust network to transform their ideas into sustainable businesses. This is why we created the Accelerator: to provide these critical elements while bridging the gap between founders and investors, fostering connections that turn visionary ideas into successful ventures”.

Applications for the inaugural cohort are now open, with the programme starting on 10 March. For more information about the programme and application process, visit the website SIL Accelerator - KPMG Cyprus

SIL Accelerator is a premier investor led accelerator dedicated to supporting startups with the resources, mentorship and networks required to achieve long term success. By fostering connections between entrepreneurs, investors, and industry leaders, SIL Accelerator is shaping the future of innovation and driving economic growth.