Philenews

Stelios Increases Prize Money to €500,000 for Bi-Communal Business Awards

Published January 8, 2026, 13:17
Stelios Increases Prize Money to €500,000 for Bi-Communal Business Awards

Sir Stelios Haji-Ioannou has announced an increase in the prize money for the Stelios Bi-Communal Awards for Business Co-operation in Cyprus 2026 to €500,000. The awards aim to support cooperation between Greek Cypriot and Turkish Cypriot entrepreneurs. A total of 18 entrepreneurs will be awarded, with the gold team receiving €150,000, two silver teams receiving €100,000 each, and six bronze teams receiving €25,000 each. Applications will be accepted from January 8, 2026, to April 30, 2026, through the website of the Stelios Philanthropic Foundation. Eligible businesses must have an annual turnover of at least €10,000 and employ at least one person in addition to the owner. The award ceremony will take place on June 4, 2026, in Nicosia.