Plug and Play executives at Presidential Palace in Nicosia for meeting

16:27 - 05 May 2025

Companies

A meeting with executives of the global innovation and investment platform Plug and Play - also one of the two Silicon Valley companies the President announced would be opening office in Cyprus - has been held at the Presidential Palace in Nicosia, according to a statement from the Presidency.

The executives are in Cyprus as a result of the meeting between President Nikos Christodoulides and the founder and CEO of the Plug and Play, Saeed Amidi, in early April, in California. The meeting was also attended Deputy Minister to the President, Irene Piki, the Deputy Minister of Research, Innovation and Digital Policy, Nicodemos Damianou, the Director General of the Research and Innovation Foundation, Theodoros Loukaidis, the Permanent Secretary of the Ministry of Finance, Andreas Zachariades and other officials.

“Plug and Play executives are in Cyprus for a series of contacts with government agencies, as well as important market and research and innovation ecosystem players, with the aim of establishing a framework for cooperation for the possible development of its operations in Cyprus,” the statement added.

It said that a Letter of Intent with Plug and Play was signed on behalf of the Government by the Deputy Minister of Research, Innovation and Digital Policy.

(Photo from President Christodoulides' meeting with Saeed Amidi, Founder and CEO of PlugandPlayTC, during his trip to the US)

Plug and Play executives at Presidential Palace in Nicosia for meeting

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