KINISIS VENTURES launches business accelerator targeting Cypriot entrepreneurs interested in reaching the USA market

Kinisis Ventures Limited [KV], based in Cyprus, with presence in New York, has launched a business accelerator focused exclusively on identifying, preparing and scaling Cyprus-based companies to engage in the U.S.A. market.

Kinisis Ventures is led by co-founders US-based Andreas Panayi, CY-based Yiannos Georgiades and a six-person Advisory Board that has more than 200 years of combined business experience in marketing, technology, finance, accounting, legal and entrepreneurship. The company is focused on augmenting Cypriot ingenuity mostly in technology, travel & tourism, renewable energy and healthcare.

“Cyprus has long been a business gateway to Europe, Asia, the Middle East and Africa and is home to a highly educated, innovative and skilled workforce,” said Georgiades. “The Cyprus government’s, and Invest Cyprus (Cyprus Investment Promotion Agency), efforts to spotlight the island as an investment destination has raised the Cypriot business community’s profile and spawned a new generation of entrepreneurs who are capitalizing on new technologies and innovations across multiple industries”.

Panayi added, “While we are looking to generate significant returns for our accelerator, our investor network and our accelerator partner companies, we also recognize that this is a unique opportunity for us to contribute to the island’s economic growth, by helping Cyprus companies scale overseas, create jobs and contribute to the Invest Cyprus initiative to develop the startup Ecosystem in Cyprus.”

The Kinisis Ventures Advisory Board consists of six-prominent executives:

Chris Droussiotis, General Manager, Sumitomo Mitsui Banking – USA based

George Kokkinos, Director & Group Head, Bank of Tokyo Mitsubishi – USA based Chris Demetriou, Sr. Director Customer Retention, Wyndham Hotel Group – USA based

Nicolas Nicolaou, CFO, MANA Products – USA based

Michael Hadjiloucas, Tax Partner, EisnerAmper LLP – USA based

Nick Panayi, VP of Brand, Demand and Digital Marketing at DXC Technology – USA based

About Kinisis Ventures

KV Kinisis Ventures Limited is a business accelerator with offices in Nicosia, Cyprus and New York. The company is focused on investing in, nurturing and expanding Cypriot companies in the U.S.A. More information is available about the firm at:

www.kinisisventures.com