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Erathosthenes and LCCI Strengthen Link Between Research and Entrepreneurship

Published March 18, 2026, 14:12
Erathosthenes and LCCI Strengthen Link Between Research and Entrepreneurship

The Center of Excellence Erathosthenes and the Limassol Chamber of Commerce and Industry (LCCI) have renewed their Memorandum of Understanding (MoU), strengthening their cooperation in the field of research and entrepreneurship. The renewal took place at the EXCELSIOR Space Industry Day event, and aims to connect the research community with the business world, particularly in the areas of space technologies, Earth Observation and digital innovation. The CEO of Erathosthenes, Professor Diophantus Hadjimitsis, stressed the importance of transforming research into applications and services that address social challenges, citing the PRECiRRI precision irrigation digital platform as an example. Collaboration with the business world enhances the transfer of know-how and creates new opportunities for innovation and development. The president of LCCI, Andreas Tsoulouftas, described the cooperation with the Erathosthenes Center of Excellence as particularly important, expressing his satisfaction with the organization's activities in Limassol and its contribution to strengthening the local technology and innovation ecosystem. The renewal of the MoU confirms the further strengthening of cooperation and creates prospects for new business opportunities. Through such collaborations, the Erathosthenes Center of Excellence and the LCCI contribute to strengthening the innovation ecosystem of Limassol and Cyprus, highlighting the prospects of the space economy and Earth Observation technologies as sectors with a significant developmental footprint.