The Startup Ecosystem of Limassol

Home to 48% of Cyprus’s startups, Limassol has a vibrant startup ecosystem that is ranked 431 in the world.

CITY RANKING

Since 2023, Limassol lost 52 spots in the Global Startup Ecosystem Index, having now positioned itself as 431st worldwide.

National Ranking

2nd
-
1
In Cyprus

Regional Ranking

131st
-
13
In Western Europe

Global Ranking

431st
-
52
Worldwide

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ECOSYSTEM

Browse the startup ecosystem database of Limassol

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Ecosystem

The Startup Ecosystem in Limassol

Startups in Limassol excel in Fintech, Health, and Software and and Data. There are some notable success stories contributing to the city’s growing Fintech industry. One of the most promising startups in Limassol in 2023 is Soffos, Solar Staff, and ImpacTech.

Global Rank

Limassol is ranked within the top 500 startup ecosystems globally.

Top Industries

Limassol’s startups excel particularly in Fintech where it ranks 243 and in Health, and Software and Data. Find out more

Top Cities for Startups in Cyprus - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2023 National Rank & Change ▲
Access subscores for 1000 cities and 100 countries
2023 National Rank & Change City
search leaderboards icon
Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
+
1
395th
+
7
0.838
00.00
00.00
00.00
2nd
-
1
431st
-
52
0.714
00.00
00.00
00.00
3rd
0
814th
+
34
0.190
00.00
00.00
00.00
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Startups

Notable Startups in Limassol
Soffos startup icon
Soffos
Solar Staff startup icon
Solar Staff
ImpacTech startup icon
ImpacTech

Startups

Successful Fintech startups in Limassol
Solar Staff startup icon
Solar Staff

Startups

Startups Ranking by Industry

Fintech icon
Fintech
#243 worldwide

On our map, you can explore a total of 11 startups for Fintech.

Health icon
Health
#307 worldwide

The Health industry in Limassol is ranked 307 globally. There are 8 startups for Health on our sample database and map.

Software and Data icon
Software and Data
#319 worldwide

Software and Data is ranked 319th in the world. Our database contains 3 startups for this industry.

ECOSYSTEM

Why should you join Limassol's Startup Ecosystem?

Overview

Within Limassol there is an increased attraction for entrepreneurs to set up their startups in industries such as Fintech, Health, Software and Data. These three industries represent about 71% of the startups represented on the Startup Ecosystem Map of Limassol.

2nd

National Rank

131st

Regional Rank

Overview

Limassol is Cyprus' 2nd best startup ecosystem and is ranked 131st in Western Europe. With a population of 0.1M - 0.5M people, Limassol is ranked 431st in the world. The city has some notable startup success stories including Soffos.

ECOSYSTEM
Startup Infrastructure in Limassol
With a large variety of initiatives, Limassol's startup ecosystem stands out from other cities in Western Europe. Limassol offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Limassol's most prominent support initiatives:

Coworking Spaces

Regus - Limassol, Victory House startup icon

Regus - Limassol, Victory House

Featured Ecosystem Portals

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