Top 4 Accelerators and Incubators in Cyprus (2026)
Cyprus offers a strategic base for startups looking to grow in Europe and the Middle East. The island's accelerators provide essential support for these new ventures.
Key players include ULTRA.VC, which has funded nearly 30 companies, and Embria, with over 20 investments and 2 exits.
Below is our list of the best 4 accelerators and incubators in Cyprus.
Failory's Top 4 Picks
1. Embria
Embria actively builds, funds, and scales tech companies from the ground up. They focus on sectors like AdTech, mobile apps, and online gaming, providing hands-on support to help their ventures grow.
| Year Founded | 2007 |
| Founders | Pavel Yakovlev, Vladimir Gurov |
| Nº of Investments | 24 |
| Nº of Exits | 2 |
2. MVST:MG
MVST:MG operates as an angel investor, providing critical pre-seed and seed funding to emerging tech companies. They have a particular focus on backing founders who are building the future of Web3 and blockchain technology.
| Year Founded | 2018 |
| Founders | Shahar Chaham, Elad Peled |
| Nº of Investments | 18 |
| Nº of Exits | — |
| Program Type | On-Site |
3. ULTRA.VC
ULTRA.VC backs impact-driven entrepreneurs through its early-stage investment fund and in-house accelerator. They provide the capital and hands-on support necessary for founders to scale businesses that create meaningful social or environmental change.
| Year Founded | 2023 |
| Founders | Nikita Yuriev, Eugene Valuev, Evgeny Valuev |
| Nº of Investments | 29 |
| Nº of Exits | — |
| Duration (Weeks) | 12 |
Nucleus Ventures runs programs that build scalable businesses primed for investment through a unique blend of incubation, corporate training, and consulting. They focus on foundational business development and social entrepreneurship to help create sustainable and attractive ventures.
| Year Founded | 2015 |
| Founders | Nadim Zaazaa |
| Nº of Investments | 8 |
| Nº of Exits | — |
| Program Type | On-Site |

