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  • Writer's pictureHyperion Innovation

Hyperion recognised again as an innovative SME by the Republic of Cyprus

Updated: Nov 19, 2023

June 2023


Hyperion Systems Engineering was reaffirmed as an innovative SME by the Deputy Minstry of Research, Innovation and Digital Policy of the Republic of Cyprus.


This is the second time that our company receives this recognition, which is based on an audit and assessment by the Deputy Ministry of each candidate companies overall business and investments and how much of it is dedicated to R&D activities.



The certificate is issued as a support tool for the usage of tax incentives for natural persons investing in an innovative small and medium-sized enterprise (SME) either directly or indirectly through an investment fund or through an alternative trading platform for venture capital investment, in the context of the expansion of the legislation that amends the Taxation Law until 30.6.2024 for natural persons and until 31.12.2023 for legal persons.


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