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University of Cyprus’s total external financing reaches €10.478.000.

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University of Cyprus’s total external financing reaches €10.478.000.

Research programs and research funding the University of Cyprus (UCY) has secured have increased significantly in recent years, according to a press release issued Thursday by UCY.

In 2014 UCY`s total external financing from EU / international research programs and Research Promotion Foundation`s programs amounted to €10.478.000.

The University, through its successful participation in competitive European and international programs has quadrupled in recent years its funding for research, improved levels of excellence and participated actively in the European and global research scene.

Furthermore, by participating in the Lifelong Learning Programme and ERASMUS + and through Marie Curie actions, it gives the opportunity to a significant number of researchers for two-way exchanges and mobility but also for creating new partnerships both among universities and with broad industrial sector.

The Rector of the University, Professor Constantinos Christofides said that the University of Cyprus shows significant research activity, focuses on multiple research areas and plays an important role in restructuring the Cypriot economy and transforming it into a knowledge economy.