Gazelle Project

BalkanMed Gazelle acceleration programme Kick-Off in Limassol


On Wednesday 23rd of March 2022, ARIS A REALLY INSPIRING SPACE lifted the curtain for the beginning of the acceleration programme of the BalkanMed Gazelle Program in Cyprus. With an interesting agenda, the kickoff took place at the facilities of ARIS in Limassol.

The program started with a coffee and an introduction of the agenda by Eliza Loucaidou, director of ARIS. Following, the startups introduced themselves with a 3-minute pitch. It turned out that the acceleration program of GAZELLE in Cyprus has very interesting innovative startups.

• Verality – A healthcare management ecosystem
• JJOBO – Online service marketplace platform
• IREROBOT – Auditory communication enhancement through touch
• Not Busy Now – Availability booking platform
• RokiToki – Voice-based social media platform
• PLUTOS – Innovative investment platform
• POKERLOAD – Land-based poker management system
• TytoView – Online drone e-shop building custom parts through 3D printing
• Mindswaps – Online Education marketplace and teaching platform
• Fitolio – Platform for premium fitness mentorship

After the pitching of each startup, the expert from the Cyprus University of Technology Hristo Andreev took the stage to present and showcase the StartupToolkit platform, which will benefit the involved businesses in the acceleration program as well as the support center. Following this, Eliza Loucaidou of ARIS took the stage once again to present the structure of the acceleration program and the added value to the startups.
Nice productive conversation followed between the startups and the organisers in a form of Q&A session. Finally, networking took place.

The Cyprus University of Technology launches new Call to innovative
Start-ups & SMEs

The Cyprus University of Technology, in collaboration with ARIS (A Really Inspiring Space), invites innovative start-ups/ SMEs to apply for the Acceleration program that will be implemented in Cyprus in the framework of the EU-funded project Organizing acceleration for high-potential innovative SME’s-(Gazelle)”. This is a unique opportunity for innovative startups and SMEs to go through an intensive business acceleration program, which will help them build their business model, benefit from technology transfer at the transnational level and enhance their international cooperation. In addition to the participation in the acceleration program, the selected applicants will benefit from the operation of the local Project Support Centre running at ARIS, and their participation in investment forums in Cyprus, Greece, and Bulgaria.

Interested applicants should submit their application by email before the 28th February 2022 and will be selected on the basis of three main evaluation criteria, such as excellence, impact, and implementation.

What is the Gazelle project?

The Gazelle project funded by the transnational cooperation program “INTERREG BALKAN – MEDITERRANEAN 2014 – 2020”, aims to tackle the major obstacles in the development and growth of Gazelles (innovative companies characterized by their rapid growth pace) such as access to finance through the support of the creation and the valorization of Business Angels Networks (BANs) and access to external knowledge whether this is knowledge of the market or technical expertise by boosting technology transfer strategies and facilitating the connection between universities and innovative SMEs. Specifically, the main objectives are to develop and implement a pilot for a coherent mechanism for accelerating the development process for innovative companies; strengthen organizations that can support the creation of business Angels networks; and facilitate the knowledge transfer, and transfer of best practices, including the development of tools for business angels and entrepreneurs. In addition to the Cyprus University of Technology the project consortium consists of the Athens Chamber of Commerce and Industry, University of Athens, ENTERPRISE GREECE, Ruse Chamber in Bulgaria, and the Chamber of Commerce in Northern Macedonia.

Relevant documents:

Call for applications_updated_14.02.2022

Application Form_updated_14.02.2022

For more information or any clarifications, you can contact ARIS team by email at or by phone at 25868634 (between 9:00 a.m. until 16:00 p.m.).