Philenews

Stelios Bi-Communal Awards Increase Prize Money to €500,000

Published January 9, 2026, 10:32
Stelios Bi-Communal Awards Increase Prize Money to €500,000

Sir Stelios Haji-Ioannou has announced an increase in the prize money for the Stelios Bi-Communal Awards for Business to €500,000 for 2026, reinforcing his commitment to supporting cooperation between Greek Cypriot and Turkish Cypriot entrepreneurs. This increase will benefit nine winning two-member business teams, with the first receiving €150,000, two teams receiving €100,000 each, and six teams receiving €25,000 each. Applications will be accepted from January 8th to April 30th, 2026, through the website of the Stelios Philanthropic Foundation. Greek Cypriot and Turkish Cypriot entrepreneurs with an annual turnover of at least €10,000 and at least one employee are eligible to apply. The award ceremony will take place on June 4th, 2026, in Nicosia.