In 2023, the founder of Artificial Intelligence Labs assumed the role of Cyprus representative to the World Business Angels Forum (WBAF), a G20 affiliate focusing on financial inclusion. A key objective was to elevate Cyprus-based startups and ideas on a global stage, presenting them to over 120 country representatives and business angels who invest from 50,000 to 5 million euros in new ventures.
This marked a significant milestone for Cyprus, as it participated in this global event for the first time. The founder seized the opportunity to showcase the innovative potential of Cyprus-based startups to a diverse audience of investors from around the world.
During the event, a video recording featuring the founder's vision was shared, emphasizing the benefits of Cyprus as a destination for startups. Additionally, the CEO of Invest Cyprus elaborated on the advantages of launching and relocating startups to Cyprus. As Cyprus aims to develop into a hub for bright minds and promising companies, it serves as a strategic bridge between three continents: Asia, Africa, and Europe.
This unique positioning provides abundant opportunities for company founders to leverage Cyprus' favorable business environment, access to markets, and strategic connections. With the support of initiatives like the WBAF, Cyprus is poised to emerge as a leading destination for innovation and entrepreneurship, offering unparalleled prospects for startups to thrive and grow on a global scale.