Ekkotek High-tech business incubator
| Ekkotek Ltd | |
|---|---|
 | |
| Main organ | Board of Directors |
| Budget | ca 150,000 |
| Staff | 4-6 |
| Volunteers | 1-2 |
| Website | www.ekkotek.com |
Ekkotek High-tech business incubator is a private company legally named Ekkotek Ltd. which serves as the Technology Transfer Office for both the Cyprus Neuroscience and Technology Institute and N.E.T.S. Mediterranean Graduate School of Applied Social Cognition. Ekkotek won its first EC funded project, Med.Pride, in 2001. It pioneered in promoting the idea of bicommunal business cooperation organising conferences and workshops including:
- Women_in_business:_Breaking_the_Glass_ceiling
- The_name_of_the_Game_is_choice:_Women_realising_their_aspirations
- 3rd_International_SME_Conference_“SMEs_Facing_the_Change”
People who worked for Ekkotek
- Adreas Drakos
- Yiannis Laouris
- Katerina Fotiou
- Eleni Philippou
- Aspasia Ksidea
- Savia Christou
- Constantina Spanoudi
A word of history
Ekkotek was founded in 2000 as the first High-tech business incubator in Cyprus. It has also won the first competition by the Ministry of Industry and Commerce and Tourism for a £450,000 subsidy along with 3 others. Following an unfortunate chain of events Ekkotek remained for more than 10 years inactive. The decision of the government to use the funds foreseen for the incubators to the beauty contest and the subsequent refusal of the parliament to approve additional budgets, as well as the fact that one of the shareholders of Ekkotek was Cyber Group Ltd. a group of companies that became unstable as a result of the 2000 stock market crash, resulted in the Ministry terminating the contract with brief processes not permitting legal defence.Ekkotek re-launched operations as a high-tech incubator in 2014 with the initiatives of Andreas Drakos focusing its first activities in website development. Ekkotek's first employee was Yiannis Laouris
