EASME

EASME is a European Union executive agency that supports small and medium-sized enterprises and promotes innovation in Europe. It manages projects in the areas of small and medium-sized enterprises, as well as the environment, energy, and maritime sectors, funded by COSME, LIFE, and EMFF. EASME organizes the European Sustainable Energy Week and serves industries such as environmental management, energy production, and maritime activities.

Kristalina Georgieva

Vice President

Past deals in Cyprus

Aris Pump Limited

Grant in 2017
Aris Pump provides Hydrogen generator for higher fuel efficiency and lower carbon emissions in maritime transport. Its developed H2MOVE which uses hydrogen as a fuel additive in order to reduce the fossil fuel usage in industrial boilers and generators in Cyprus. H2MOVE uses unique materials, requires no hydrogen storage and the electricity demand is negligible. The hydrogen engine costs €55,000 and the customer payback period is 1,5 years.

iResTech

Grant in 2016
iResTech, a Cyprus-based company, was formed in the spring of 2015, in order to continue the IrisPhone development. The company’s primary principles revolve around positive social impact, focusing on innovative solutions to enhance and ease people’s lifestyles, especially for marginalized sections of the population. We are currently partnered up with a large telecoms provider and expect to enter the market in the near future. If you’d like to receive more info, please use the contact details below.

Aqualligence

Seed Round in 2015
Aqualligence deals with the design, development and realization of intelligent embedded systems and software for smart water networks, to help water operators and consumers to enhance efficiency, security and quality. Aqualligence is a startup cleantech company, based in Cyprus. It is comprised of a dynamic team with more than 50 years of aggregated experience in research and technology, specifically in monitoring and control of large-scale systems, water systems monitoring and security, fault diagnosis and risk assessment, embedded systems, sensor design and sensor networks, as well as in optimization, machine learning and computational intelligence.
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