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Construction work, costing a 9 million, in the commercial triangle between Makarios Avenue, Evagorou and Stasikratous Streets is set to begin in Nicosia. With tenders having been received, the procedure is now in the hands of the Municipal Council, which is expected to make its decision to move forward with the project within the next few days.

Starting up is hard to do

One thing London-based Cypriot tech entrepreneur and experienced startups builder Demetrios Zoppos is certain about is that progress, innovation and change is not inevitable – people make it. “And people who make it know about startups,” the 46-year-old English School graduate who went on to study economics at Cambridge, and public policy at Harvard, told the Cyprus Weekly.