G/SCM/N/284/EU/Add.5  
 
15 December 2015  
(15-6614)  Page: 1/19  
Committee on Subsidies and Countervailing Measures  Original: English  
 
SUBSIDIES 
NEW AND FULL NOTIFICATION PURSUANT TO ARTICLE XVI:1  
OF THE GATT 1994 AND ARTICLE 25 OF THE AGREEMENT  
ON SUBSIDIES AND COUNTERVAILING MEASURES 
EUROPEAN UNION 
Addendum 
The following addendum to the notification of the European Union relates to subsidy programmes 
of Cyprus.  
_______________ G/SCM/N/284/EU/Add.5 
 
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CYPRUS  
 
TABLE OF CONTENTS  
 
1   DE MINIMIS SCHEME FOR EXPORT PROMOTION OF INDUSTRIAL PRODUCTS 
PROVIDED TO CYPRIOT COMPANIES PART ICIPATING IN TRADE FAIRS ABROAD, 
ORGANIZED BY THE MINISTRY OF ENERGY, COMMERCE, INDUSTRY AND 
TOURISM ....................................................................................................................... .. 3 
2   DE MINIMIS SCHEME FOR EXPORT PROMOTION OF INDUSTRIAL PRODUCTS 
PROVIDED TO CYPRIOT COMPANIES PART ICIPATING IN TRADE FAIRS ABROAD 
ON THEIR OWN EXPENSES ............................................................................................... 3  
3   DE MINIMIS SCHEME FOR THE SU BSIDISATION PROVID ED TO CYPRIOT 
COMPANIES CONDUCTING RESEAR CH OF FOREIG N MARKETS ......................................... 4  
4   SCHEME FOR THE RELOCATION OF VERY SMALL ENTERPRISES IN APPROVED 
AREAS ......................................................................................................................... ..... 5 
5   SCHEME FOR THE ENHANCEMENT OF SMES COMPETITIVENESS IN THE 
MANUFACTURING SECTOR ............................................................................................... 6  
6   SCHEME FOR THE ENHANCEMENT OF YOUTH ENTREPRENEURSHIP ............................. 7  
7   SCHEME FOR THE ENHANCEMENT OF FEMALE ENTREPRENEURSHIP ............................ 8  
8   ADDED VALUE ON AGRICULTURAL AND FORESTRY PRODUCTS – CREATION 
AND IMPROVEMENT OF MANUFACTURING AND TRADE UNITS OF AGRICULTURAL 
AND FORESTRY PRODUCTS  – MEASURE 1.6 ..................................................................... 9  
9   GRANT FOR THE IMPLEMENTATION OF THE ΗΑCCP SYSTEM IN THE FOOD 
AND DRINK INDUSTRY ..................................................................................................... 9  
10   PROMOTION OF HANDICRAFTS IN  THE FORM OF DE MINIMIS ................................ 10  
11   SCHEME OF ALLOWANCE TO FISHERMEN WHOSE FISHING VESSELS HAVE 
BEEN PARTIALLY DAMAGED DUE TO THE EXPLOSION AT THE MARINE BASE 
"EVAGGELOS FLORAKIS" (MARI), ON 11 JULY 2011 IN THE FORM OF DE 
MINIMIS ....................................................................................................................... . 11 
12   SCHEME OF ALLOWANCE TO FISHERMEN FOR DAMAGES CAUSED BY 
DOLPHINS IN THE FORM  OF DE MINIMIS ...................................................................... 12  
13   SCHEME FOR THE ENHANCEMENT OF INNOVATIVE ENTREPRENEURSHIP ................ 12  
14   SCHEME FOR THE PERMANENT CESSA TION OF FISHING ACTIVITIES OF 
SMALL SCALE FISHING VESSE LS – MEASUR E 1.1 ........................................................... 13  
15   SCHEME FOR INVESTMENTS ON BOARD FISHING VESSELS AND 
SELECTIVITY – ME ASURE 1.3 ......................................................................................... 14  
16   SCHEME FOR FUNDING FISHERMEN'S EARLY RETIREMENT (55-65 YEARS 
OLD) – MEASURE 1.5 ...................................................................................................... 15  
17   SCHEME FOR PRODUCTIVE INVESTME NT IN AQUACULTURE – MEASURE 2.1 ........... 16  
18   SCHEME FOR INVESTMENTS IN THE MARKETING AND PROCESSING OF 
FISHERIES PRODUCTS – MEASURE 2.3 .......................................................................... 16  
19   SCHEME FOR COLLECTIVE ACTIONS IN  FISHERIES SECTOR – MEASURE 3.1 ........... 17  
20   SCHEME FOR FUNDING INVESTMENTS IN PROCESSING AND MARKETING OF 
FISHERIES AND AQUACULTURE PRODUCTS – MEASURE 4.1 ........................................... 18  
21   SCHEME FOR PROMOTING FISH ERIES TOURISM – MEASURE 4.1 ............................ 19  
 
 
 G/SCM/N/284/EU/Add.5 
 
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  1  DE MINIMIS SCHEME FOR EXPORT PROMOTION OF INDUSTRIAL PRODUCTS 
PROVIDED TO CYPRIOT COMPANIES PART ICIPATING IN TRADE FAIRS ABROAD, 
ORGANIZED BY THE MINISTRY OF ENERGY, COMMERCE, INDUSTRY AND TOURISM 
1. Title of subsidy 
 
Subsidy for the promotion of exports of industrial products provided to companies participating in Trade Fairs within the National Pavilion. 
 
2. Period covered by notification 
 2013–2014. 
 
3. Policy objective 
 
To promote exports of Cyprus industrial products  and provide Cypriot companies with continuous 
information on foreign market trends and developments.   
4. Authority of subsidy 
 
Ministry of Energy, Commerce, Industry and Tour ism – Budget annually approved by the House of 
Representatives.  
 
5. Form of subsidy 
 
The Ministry bears the rental costs of the exhibiti on area, the construction expenses of the stand 
and the transportation costs of the exhibits of the Cypriot companies participating in the National pavilion in Trade Fairs organized by the Ministry abroad.  
 
6. To whom the subsidy is paid  
 
This incentive is provided to Cypriot companies participating in a National Pavilion in trade fairs 
organized by the Ministry abroad.  
 7. Duration of subsidy 
 Subsidy is announced annually. The Scheme is approved by the Council of Ministers for the period 2014-2020. 
 
8. Amount of subsidy 
 Amount budgeted for 2013: € 1.040.000. 
Amount budgeted for 2014: € 700.000. 
 Amount spent in 2013: € 981.400. 
Amount spent in 2014: € 680.800. 
 9. The trade effects of the subsidy 
 The subsidy is based on the de minimis rule and has no effects on trade between Member States and does not distort or threaten to distort competition.   
2  DE MINIMIS SCHEME FOR EXPORT PROMOTION OF INDUSTRIAL PRODUCTS 
PROVIDED TO CYPRIOT COMPANIES PARTIC IPATING IN TRADE FAIRS ABROAD ON 
THEIR OWN EXPENSES 
1. Title of subsidy 
 
Subsidy for the promotion of exports of industrial products provided to companies, participating in 
Trade Fairs on their own expenses. 
 G/SCM/N/284/EU/Add.5 
 
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  2. Period covered by notification 
 
2013–2014.  
3. Policy objective 
 
To promote exports of Cyprus industrial products  and provide Cypriot companies with continuous 
information on foreign market trends and developments.  
 4. Authority of subsidy 
 
Ministry of Energy, Commerce, Industry and To urism - Annually approved by the Council of 
Ministers through the Government Budget.  
5. Form of subsidy 
 
The Ministry covers 50% of the rental and constr uction costs of the stand etc. up to a maximum 
of € 3.050 for non-bulky exhibits and up to € 7.350 for bulky exhibits. 
 6. To whom the subsidy is paid 
 
This incentive is provided to Cypriot companies participating in trade fairs abroad, on their own 
expenses.  
7. Duration of subsidy 
 
Subsidy is announced annually. The Scheme is approved by the Council of Ministers for the period 
2014-2020. 
 8. Amount of subsidy 
 
Amount budgeted for 2013: € 90.000. 
Amount budgeted for 2014: € 200.000.  
Amount spent in 2013: € 83.083. 
Amount spent in 2014: € 193.499.  
9. The trade effects of the subsidy 
 
The subsidy is based on the de minimis rule and has no effects on trade between Member States and does not distort or threaten to distort competition. 
 
3  DE MINIMIS SCHEME FOR THE SUBSIDISATION PROVIDED TO CYPRIOT COMPANIES CONDUCTING RESEARCH OF FOREIGN MARKETS 
1. Title of subsidy 
 
Subsidy provided to companies involved in the production and export of industrial products for 
market research. 
 2. Period covered by notification 
 
2013–2014. 
 3. Policy objectives 
 To provide incentives to companies to penetrate fo reign markets and increase exports of industrial 
products. 
 G/SCM/N/284/EU/Add.5 
 
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  4. Authority of subsidy 
 
Ministry of Energy, Commerce, Industry and To urism - Annually approved by the Council of 
Ministers through the Government Budget. 
 
5. Form of subsidy 
 
The Ministry covers transportation for market re search implemented in different markets twice a 
year (up to a maximum amount of € 855 per market research).  6. to whom and how the subsidy is paid 
 The subsidy is provided to cover industries in the production and exports of industrial products. The subsidy is paid after the conclusion of each market research upon submission of all necessary 
documents (e.g. air ticket, invoice/receipt of payment) 
 7. Amount of subsidy 
 Total payment in: 2013: € 2.099.  2014: € 7.285.  
8. Duration of subsidy 
 
Subsidy is announced annually. The Scheme is approved by the Council of Ministers for the period 
2014-2020. 
 9. The trade effects of the subsidy 
 The subsidy is based on the de Minimis rule and has no effects on trade between Member States and does not distort or threaten to distort competition.   
4  SCHEME FOR THE RELOCATION OF VERY SMALL ENTERPRISES IN APPROVED AREAS 
1. Title of subsidy 
 
Scheme for the relocation of very small enterprises to authorized areas. 
 2. Period covered by notification 
 2013-2014  3. Policy objectives 
 The aim of the scheme is to encourage existing very small enterprises engaged in manufacturing 
or specific service activities, to move from residential areas to other authorized areas. 
 
4. Authority of subsidy 
 
Ministry of Commerce, Industry and Tourism - A pproved by the Council of Ministers Decision 
No. 68.508 dated 12 March 2009.  5. Form of subsidy 
 The amount, which will be granted if and when the application is approved, is calculated as follows: 
 
 On the eligible costs (cost of land and buildings) up to € 200.000 grant 15%, 
 On the eligible costs (cost of land and buildings) over € 200.001 grant 10%, 
 Maximum amount of grant per applicant € 40.000.  G/SCM/N/284/EU/Add.5 
 
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  6. To whom and how the subsidy is paid 
 
Manufacturing units activated within residential areas before 1 January 2002.  
7. Amount of subsidy 
 
Total payment in: 2013: € 271.117 
 2014: € 353.591 
8. Duration of subsidy 
 The scheme was introduced in 2009 and is valid up to the end of 2013. 
 
9. The trade effects of the subsidy 
 
No effects on international trade. 
 5  SCHEME FOR THE ENHANCEMENT OF SMES COMPETITIVENESS IN THE 
MANUFACTURING SECTOR 
1. Title of subsidy 
 
Grant for the enhancement of SMEs competitiveness in the manufacturing sector. 
 
2. Period covered by notification 
 
2013-2014 
 3. Policy objectives 
 The main objective is to support, develop and promote the SMEs (micro, small and medium-sized enterprises) as well as specific handicraft uni ts through grants. Enterprises dealing with the 
processing of agricultural, fishing and forestry products are not covered by the Scheme.  
 
4. Authority of subsidy 
 
Ministry of Commerce, Industry and Tourism - A pproved by the Council of Ministers Decision 
No. 65.914 dated 25 July 2007.  
5. Form of subsidy 
 
The Scheme is included in the "Sustainable Development and Competitiveness" 2007-2013 and is financed by the European Regional Development Fund (85%) and the Cyprus Government (15%). 
 
The maximum grant per successful applicant (for  the period 2007-2013) is calculated as a 
percentage on the eligible amount of investment as follows:  
 
Category Unit size Grant 
% Maximum Grant for the period 
2007 - 2013 
1 Micro 35 € 200.000 
2 Small 30 € 300.000 
3 Medium 25 € 400.000 
4 Units dealing with handcraft activities 
and employ up to three (3) persons 50 € 80.000 
 
6. To whom and how the subsidy is paid 
 
To existing and newly established manufacturing units.  
 7. Amount of subsidy 
 
Total payment in 2013: € 304.799 
Total payment in 2014: € 150.128 G/SCM/N/284/EU/Add.5 
 
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8. Duration of subsidy 
 The scheme was introduced in 2007 and expires in 2013. 
 
9. The trade effects of the subsidy 
 
No effects on international trade. 
 6  SCHEME FOR THE ENHANCEMENT OF YOUTH ENTREPRENEURSHIP 
1. Title of subsidy 
 
Grant for the enhancement of Youth Entrepreneurship.  
2. Period covered by notification 
 
2013-2014 
 
3. Policy objectives 
 The aim of the programme is to develop, support  and encourage entrepreneurship by young men 
and women between the ages of 20-39, who wish to establish an enterprise in any economic 
activity (manufacturing, e-commerce, services and tourism in traditional buildings) except from the commerce. Emphasis is given in the development of new technologies, in the use of innovative 
methods of production and promotion of produc ts and services, in the growth of business 
skilfulness in the sector of environment and generally in the promotion of modern enterprising activities aiming at the creation dynamic and competitive enterprises. 
 
The objectives of the project will be achieved with incentives in the form of financial aid and training seminars for new and sustainable micro enterprises.  
4. Authority of subsidy 
 
Ministry of Commerce, Industry and Tourism - A pproved by the Council of Ministers Decision 
No. 66.769 dated 6 February 2008. 
 5. Form of subsidy 
 The Scheme is included in the "Sustainable Development and Competitiveness" 2007-2013 and is financed by the European Regional Development Fund (85%) and the Cyprus Government (15%).  
The percentage of the grant is up to 50% on the cost of eligible costs (equipment and special 
facilities, landscaping, training, promotion, marketing, other expenses and working capital) with a maximum of € 70.000 for the activities of processing and € 50.000 for other activities. 
 
6. To whom and how the subsidy is paid 
 
To newly established businesses.  
 7. Amount of subsidy 
 
Total payment in 2013: € 178.547 
Total payment in 2014: € 392.981  
8. Duration of subsidy 
 
The scheme was introduced in 2007 and expires in 2013.  
 
9. The trade effects of the subsidy 
 No effects on international trade. G/SCM/N/284/EU/Add.5 
 
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7  SCHEME FOR THE ENHANCEMENT OF FEMALE ENTREPRENEURSHIP 
1. Title of subsidy 
 
Grant for the enhancement of Female Entrepreneurship.  
 2. Period covered by notification 
 2013-2014  3. Policy objectives 
 The aim of the programme is to develop, support and encourage entrepreneurship by women between the ages of 18–55, who wish to establish an enterprise in any economic activity 
(manufacturing, e-commerce, services and tourism in traditional buildings) except from the 
commerce. Emphasis is given in the development of new technologies, in the use of innovative methods of production and promotion of produc ts and services, in the growth of business 
skilfulness in the sector of environment and generally in the promotion of modern enterprising 
activities aiming at the creation dynamic and competitive enterprises.  The objectives of the project will be achieved with incentives in the form of financial aid and 
training seminars for new and sustainable micro enterprises. 
 4. Authority of subsidy 
 Ministry of Commerce, Industry and Tourism - A pproved by the Council of Ministers Decision 
No. 66.769 dated 6 February 2008. 
 
5. Form of subsidy 
 The Scheme is included in the "Sustainable Development and Competitiveness" 2007-2013 and is 
financed by the European Regional Development Fund (85%) and the Cyprus Government (15%). 
 The percentage of the grant is up to 50% on the cost of eligible costs (equipment and special 
facilities, landscaping, training, promotion, market ing, other expenses and working capital) with a 
maximum of € 70.000 for the activities of processing and € 50.000 for other activities.  
6. To whom and how the subsidy is paid 
 
To newly established businesses.   
7. Amount of subsidy 
 
Total payment in 2013: € 145.208 
Total payment in 2014: € 75.248 
 8. Duration of subsidy 
 The scheme was introduced in 2007 and expires in 2013.   9. The trade effects of the subsidy 
 No effects on international trade.  G/SCM/N/284/EU/Add.5 
 
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  8  ADDED VALUE ON AGRICULTURAL AND FORESTRY PRODUCTS – CREATION AND 
IMPROVEMENT OF MANUFACTURING AND TRADE UNITS OF AGRICULTURAL AND FORESTRY PRODUCTS – MEASURE 1.6 
1. Title of subsidy 
 
Grant for the creation and improvement of manufacturing and trade units of agricultural and forestry products. 
 
2. Period covered by notification 
 2013-2014 
 
3. Policy objectives 
 
Main objective of the measure is to support existing and newly established SMEs engaged in 
manufacturing and trade of agricultural and forestry products.  
4. Authority of subsidy 
 
Ministry of Commerce, Industry and Tourism.  
5. Form of subsidy 
 
The Measure is included in the "Rural Developm ent Programme 2007-2013" and is co-financed by 
the European Agricultural Fund for Rural Development (50%) and the Cyprus Government (50%). 
 The grant is estimated as 40% on the eligible amount of investment with a maximum of 
€ 170.000 for the Micro Enterprises and € 400.000 for the Small and Medium Enterprises (for the 
period 2007-2013).  6. To whom and how the subsidy is paid 
 To existing and newly established SMEs (Micro, Small and Medium sized Enterprises as defined by Commission Recommendation 2003/361/EC). 
 
The Cyprus Agricultural Payments Organisation has the responsibility of the actual payments.  
7. Amount of subsidy 
 
Total payment in 2013: € 957.512 Total payment in 2014: € 699.318 
 
8. Duration of subsidy 
 
The measure was introduced in 2008 and expires in 2013.  
 9. The trade effects of the subsidy 
 No effects on international trade.  9  GRANT FOR THE IMPLEMENTATION OF THE ΗΑCCP SYSTEM IN THE FOOD AND DRINK 
INDUSTRY 
1. Title of Subsidy 
 
Hazard Analysis, Critical Control Points (HACCP) System, for the food and drink industry.  
 2. Period covered by Notification 
 2013-2014  G/SCM/N/284/EU/Add.5 
 
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  3. Policy Objective 
 
Promotion of the implementation of the HACCP system (preventing measure for the hygienic quality of food and drink products).  
 
4. Authority of subsidy 
 
Ministry of Commerce, Industry and Tourism - A pproved by the Council of Ministers (Decision 
No. 1178/2009 dated 5 November 2009).   5. Form of subsidy 
 The subsidy as a percentage of the eligible investment is 30% of the investment in new equipment used for the monitoring (chemical, physical, microbiological control points) of Critical Control 
Points (C.C.Ps). The amount of grant is limited to € 85.000 per applicant.  
 6. To whom and how the subsidy is paid 
 To existing and newly established manufacturing units (food and drink industry) which are implementing the HACCP system and are regist ered with the appropriate authorities.  
 
7. Amount of subsidy 
 
Total payment in 2013: € 514.470 
Total payment in 2014: € 0. 
 8. Duration of subsidy 
 From 1 January 2009 until 31 December 2010 (T he Grand has been terminated. Payments 
for 2011 and 2012 stated above refer to applications submitted before 31 December 2010).   
9. The trade effects of the subsidy 
 
No effects on international trade. 
 
10  PROMOTION OF HANDICRAFTS IN THE FORM OF DE MINIMIS 
1. Title of subsidy 
 
Promotion of Handicrafts.  2. Period covered by notification 
 2013-2014  
3. Policy objective 
 
Promotion of Cypriot cultural inheritance through popular art.  
 
4. Authority of subsidy 
 Ministry of Commerce, Industry and Tourism - Funds annually approved by the Council of Ministers 
through the Government Budget. 
 5. Form of subsidy 
 Training of local craftsmen and promotion of items made by them.  
6. To whom and how the subsidy is paid 
 
Local craftsmen (in the form of services).   G/SCM/N/284/EU/Add.5 
 
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  7. Amount of subsidy 
 
Total payment in 2011: € 1.107.000. Total payment in 2012: € 1.064.000. 
 
8. Duration of subsidy 
 
The scheme will be in existence until 31 December 2 0 1 3 .  O n  t h a t  d a t e  i t  w i l l  b e  r e - e x a m i n e d  
whether it will continue.   9. The trade effects of the subsidy 
 No effects on international trade.  
11  SCHEME OF ALLOWANCE TO FISHERMEN WHOSE FISHING VESSELS HAVE BEEN 
PARTIALLY DAMAGED DUE TO THE EXPLOSION AT THE MARINE BASE "EVAGGELOS FLORAKIS" (MARI), ON 11 JULY 2011 IN THE FORM OF DE MINIMIS 
1. Title of subsidy  
 
Scheme of allowance to fishermen whose fishing vessels have been partially damaged due to the explosion at the Marine Base "Evaggelos Florakis" (Mari), on 11 July 2011.  
 
2. Period covered by notification 
 
2013  
 3. Policy objective 
 The Scheme aims to provide financial support for the Cypriot fishermen for the damages caused on their fishing boats, after the explosion at the Marine Base "Evaggelos Florakis"  
4. Authority of subsidy 
 
Department of Fisheries and Marine Research of th e Ministry of Agriculture, Natural Resources and 
Environment. 
 5. Form of subsidy 
 Grant.  6. To whom the subsidy is paid 
 Professional fishermen of small scale fisheries, whose vessels have been partially damaged due to the explosion at the Marine Base "Evaggelos Florakis", on 11 July 2011. 
 
7. Duration of subsidy 
 
Lump sum allowance. 
 8. Amount of subsidy  
 
It's NOT a co-funded scheme. 
 Amount budgeted for 2013: € 2.500 
Amount spent for 2013: € 2.500 
 9. The trade effects of the subsidy 
 No effects on International trade.  G/SCM/N/284/EU/Add.5 
 
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  12  SCHEME OF ALLOWANCE TO FISHERMEN FOR DAMAGES CAUSED BY DOLPHINS IN 
THE FORM OF DE MINIMIS 
1. Title of subsidy  
 
Scheme of allowance to fishermen for damages caused by dolphins. 
 2. Period covered by notification 
 2013  3. Policy objective 
 The Scheme aims to provide financial support for the Cypriot fishermen for the damages caused by 
dolphins.  
 
4. Authority of subsidy 
 
Department of Fisheries and Marine Research of th e Ministry of Agriculture, Natural Resources and 
Environment.  5. Form of subsidy 
 Grant.  
6. To whom the subsidy is paid 
 
Professional fishermen of small scale fisheries and of polyvalent vessels. 
 
7. Duration of subsidy 
 1 August 2007 – 31 December 2013 
 
8. Amount of subsidy  
 
It's NOT a co-funded scheme. 
 Amount budgeted for 2013: € 300.010 
Amount spent in 2013: € 299.850 
Amount budgeted for 2014: € 10  Amount spent in 2014: € 0  
9. The trade effects of the subsidy 
 
No effects on International trade. 
 
13  SCHEME FOR THE ENHANCEMENT OF INNOVATIVE ENTREPRENEURSHIP 
1. Title of subsidy 
 
Grant for the enhancement of Innovative Entrepreneurship.  2. Period covered by notification 
 2013–2014  
3. Policy objectives 
 
The project aims to support and strengthen ente rprises (SMEs) that invest in research and 
innovation to develop competitive innovative products and services which they plan to market. The 
products or services should be developed by th e enterprise alone or in cooperation with other 
SMEs or research organizations and may belong to any activity while emphasis will be given in G/SCM/N/284/EU/Add.5 
 
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  activities included in the Europe 2020 strategic plan. The goods or services may be new, but 
belong to a family of innovative products that the company already has in the market. In addition, products or services may be available in limited quantities and in a limited geographical area for 
the purposes of testing the market in the previous  two years before the year of submission of the 
proposal and require redesign requires experimental development, prototyping, testing, and other 
p r o d u c t i o n  p r e p a r a t i o n s  to  e n a b l e  t he m  t o  b e  m a rk e t e d  w i t h  p r o s p e c t s .  T h i s  p u r p os e  wo u l d  b e  achieved by using incentives in the form of financial aid for the development of innovative 
products and services, among others, may cover the construction and testing of a small number of 
samples, placing them on the market, and promotion activities production preparation. Particular emphasis is placed on developing products and services that may be protected by patents or industrial designs and to be competitive internationally. 
 
4. Authority of subsidy 
 
Ministry of Energy, Commerce, Industry and To urism - Approved by the Council of Ministers 
Decision No. 66.769 dated 6 February 2008.  
5. Form of subsidy 
 
The Scheme is included in the "Sustainable Development and Competitiveness" 2007-2013 and is financed by the European Regional Development Fund (85%) and the Cyprus Government (15%). 
 
The percentage of the grant is up to 60% on th e cost of eligible costs (personnel compensation, 
equipment, third party services, copyright and patent protection, materials, participation in 
exhibitions and promotion of innovative product or  service abroad) with a maximum of € 150.000.  
 6. To whom and how the subsidy is paid 
 To enterprises (SMEs), cooperation of enterprise s (SMEs) or cooperation of enterprises (SMEs) 
with research organizations.   
7. Amount of subsidy 
 
Total payment in 2013: € 17,246. 
Total payment in 2014: € 65,436. 
 8. Duration of subsidy 
 The scheme was introduced in 2012 and expires in 2013.   9. The trade effects of the subsidy 
 No effects on international trade.  
14  SCHEME FOR THE PERMANENT CESSATION OF FISHING ACTIVITIES OF SMALL SCALE 
FISHING VESSELS – MEASURE 1.1  
1. Title of subsidy 
 
Grant for scrapping small scale fishing vessels   2. Period covered by notification 
 2013–2014  
3. Policy objective 
 
The main objective is the adjustment of fishing effort through schemes for the permanent 
cessation of fishing activities. 
 G/SCM/N/284/EU/Add.5 
 
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  4. Authority of subsidy 
 
Department of Fisheries and Marine Research – Ministry of Agriculture, Natural Resources and Environment  
 
5. Form of subsidy 
 
The measure is included in the Operational Programme for Fisheries 2007-2013 and is co-financed 
by the European Fisheries Fund (EFF) (75%) and the Cyprus Government (25%).  6. To whom the subsidy is paid 
 The subsidy is paid to the owners of the fishing vessels  
7. Amount of subsidy 
 
2013 - CY contribution: € 673.104 
2014 - CY contribution: € 28.417 
 8. Duration of subsidy 
 
The scheme was introduced in 2013 and expired in 2014. 
 9. The trade effect of the subsidy 
 No effects on international trade.  
15  SCHEME FOR INVESTMENTS ON BOARD FISHING VESSELS AND SELECTIVITY – 
MEASURE 1.3  
1. Title of subsidy 
 
Grant for the modernization of fishing vessels with the improvement of working conditions, safety 
and product quality and the use of more selective gear  
2. Period covered by notification 
 
2013–2014 
 
3. Policy objective 
 The main objective is the modernization of fishing vessels with the improvement of working 
conditions, safety and product quality and the use of more selective gear. 
 4. Authority of subsidy 
 Department of Fisheries and Marine Research – Ministry of Agriculture, Natural Resources and Environment 
 
5. Form of subsidy 
 The measure is included in the Operational Programme for Fisheries 2007-2013 and is co-financed 
by the European Fisheries Fund (EFF) (50%) and the Cyprus Government (50%). 
The percentage of the grant is 60% on the cost of eligible costs (equipment, improvement works 
etc.) and 40% on the cost for engine replacement for vessels less than 12 meters. For vessels 
greater than 12 meters the percentage of the grant is 40% on the cost of eligible costs 
(equipment, improvement works etc.) and 20% on the cost for engine replacement  
6. To whom the subsidy is paid 
 
The subsidy is paid to Fishermen.  G/SCM/N/284/EU/Add.5 
 
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  7. Amount of subsidy 
 
2013 - CY contribution: € 52.212 2014 - CY contribution: € 72.004 
 
8. Duration of subsidy  
 
The scheme was introduced in 2008 and expired in 2014. 
 9. The trade effect of the subsidy 
 
No effects on international trade. 
 
16  SCHEME FOR FUNDING FISHERMEN'S EARLY RETIREMENT (55-65 YEARS OLD) – 
MEASURE 1.5 
1. Title of subsidy 
 
Grant for funding fishermen's early retirement (55-65 years old)  
2. Period covered by notification 
 
2013–2014 
 
3. Policy objective 
 The main objective is the age renewal of people professionally engaged in fisheries sector resulting 
in enhancing competitiveness in the sector. 
 4. Authority of subsidy 
 Department of Fisheries and Marine Research – Ministry of Agriculture, Natural Resources and Environment 
 
5. Form of subsidy 
 The measure is included in the Operational Programme for Fisheries 2007-2013 and is co-financed 
by the European Fisheries Fund (EFF) (50%) and the Cyprus Government (50%). 
The grant is € 850 per month until the age of 65.   
6. To whom the subsidy is paid 
 
The subsidy is paid to fishermen. 
 
7. Amount of subsidy 
 2013 - CY contribution: € 77.868 
2014 - CY contribution: € 69.419 
 8. Duration of subsidy  
 
The scheme was introduced in 2010 and expires in 2018.   
9. The trade effect of the subsidy 
 
No effects on international trade. 
 G/SCM/N/284/EU/Add.5 
 
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  17  SCHEME FOR PRODUCTIVE INVESTME NT IN AQUACULTURE – MEASURE 2.1  
1. Title of subsidy 
 
Grant for funding productive investments in aquaculture  
 
2. Period covered by notification 
 
2013–2014 
 3. Policy objective 
 
The main objective is the co-funding of actions that  are relevant to the expansion of the existing 
aquaculture units as well as the possible establ ishment of new ones and the modernization of 
facilities and equipment of the existing aquaculture units. 
 
4. Authority of subsidy 
 
Department of Fisheries and Marine Research– Ministry of Agriculture, Natural Resources and 
Environment  5. Form of subsidy 
 The measure is included in the Operational Programme for Fisheries 2007-2013 and is co-financed by the European Fisheries Fund (EFF) (50%) and the Cyprus Government (50%). 
The percentage of the grant is 40% on the co st of eligible expenditure of the project. 
 6. To whom the subsidy is paid 
 The subsidy is paid to the owners of aquaculture units.  7. Amount of subsidy 
 2013: CY contribution: € 323.481 2014: CY contribution: € 661,5 
 
8. Duration of subsidy  
 
The scheme was introduced in 2009 and expired in 2014.  
 9. The trade effect of the subsidy  
 
No effects on international trade. 
 18  SCHEME FOR INVESTMENTS IN THE MARKETING AND PROCESSING OF FISHERIES 
PRODUCTS – MEASURE 2.3  
1. Title of subsidy 
 
Grant for funding productive investments in marketing and processing of fisheries products  
 2. Period covered by notification 
 
2013–2014 
 3. Policy objective 
 The main objective is the co-funding of actions that  are relevant to the expansion of the existing 
units as well as the possible establishment of new ones and the modernization of facilities and 
equipment of the existing units. 
 G/SCM/N/284/EU/Add.5 
 
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  4. Authority of subsidy 
 
Department of Fisheries and Marine Research – Ministry of Agriculture, Natural Resources and Environment 
 
5. Form of subsidy 
 
The measure is included in the Operational Programme for Fisheries 2007-2013 and is co-financed 
by the European Fisheries Fund (EFF) (50%) and the Cyprus Government (50%). The percentage of the grant is 40% on the cost of eligible costs of the project. 
 
6. To whom the subsidy is paid 
 
The subsidy is paid to the owners of marketing and processing units. 
 
7. Amount of subsidy 
 
2013: CY contribution: € 26.050 
2014: CY contribution: € 12.437  8. Duration of subsidy  
 
The scheme was introduced in 2009 and expired in 2014.   
9. The trade effect of the subsidy  
 
No effects on international trade. 
 
19  SCHEME FOR COLLECTIVE ACTIONS IN FISHERIES SECTOR – MEASURE 3.1 
1. Title of subsidy 
 
Grant for funding collective actions in fisheries sector  
 
2. Period covered by notification 
 
2013–2014 
 3. Policy objective 
 The main objective is the co-funding of collective  actions between the fishermen. Specifically, the 
funding for fishing species Lagocephalus sceleratus  also known as "puffer fish" aiming to an 
intensive fishing pressure in the breeding population of the species, just before and during the 
reproductive period from the small scale coastal fishing fleet. 
 4. Authority of subsidy 
 Department of Fisheries and Marine Research – Ministry of Agriculture, Natural Resources and Environment 
 
5. Form of subsidy 
 The measure is included in the Operational Programme for Fisheries 2007-2013 and is co-financed 
by the European Fisheries Fund (EFF) (50%) and the Cyprus Government (50%). 
The grant is € 3 per kilo of the Lagocephalus sceleratus . 
 
6. To whom the subsidy is paid 
 
The subsidy is paid to the fishermen's collective group representative. 
 G/SCM/N/284/EU/Add.5 
 
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  7. Amount of subsidy 
 
2013: CY contribution: € 21.900 2014: CY contribution: € 9.330 
 
8. Duration of subsidy  
 
The scheme was introduced in 2011 and expires in 2015.  
 9. The trade effect of the subsidy  
 
No effects on international trade. 
 20  SCHEME FOR FUNDING INVESTMENTS IN PROCESSING AND MARKETING OF 
FISHERIES AND AQUACULTURE PRODUCTS – MEASURE 4.1 
1. Title of subsidy 
 
Grant for funding investments in marketing and processing of fisheries products  
 2. Period covered by notification 
 
2013–2014 
 3. Policy objective 
 The main objective is the co-funding of actions that are relevant to the modernization of facilities and equipment of the existing units. 
 
4. Authority of subsidy 
 Department of Fisheries and Marine Research – Ministry of Agriculture, Natural Resources and 
Environment 
Larnaca District Development Agency (ANETEL)  
5. Form of subsidy 
 
The measure is included in the Operational Programme for Fisheries 2007-2013 and is co-financed 
by the European Fisheries Fund (EFF) (50%) and the Cyprus Government (50%). 
The percentage of the grant is 40% on the co st of eligible expenditure of the project. 
 6. To whom the subsidy is paid 
 The subsidy is paid to the owners of marketing and processing units.  
7. Amount of subsidy 
 
2013 CY contribution: € 0 
€ 10.101 CY contribution: € 5.051 
 8. Duration of subsidy  
 
The scheme was introduced in 2013 and expires in 2015.  
 G/SCM/N/284/EU/Add.5 
 
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  9. The trade effect of the subsidy  
 
No effects on international trade.  
21  SCHEME FOR PROMOTING FISHERIES TOURISM – MEASURE 4.1  
1. Title of subsidy 
 
Grant for funding the modernization of fishing vessels for the diversification of its use. 
 2. Period covered by notification 
 
2013–2014 
 3. Policy objective 
 The main objective is funding activities that wi ll provide an opportunity for employees of the 
fishing industry to diversify their activity by providing tourist services.  
 
4. Authority of subsidy 
 Department of Fisheries and Marine Research – Ministry of Agriculture, Natural Resources and 
Environment 
Larnaca District Development Agency (ANETEL)  
5. Form of subsidy 
 
The measure is included in the Operational Programme for Fisheries 2007-2013 and is co-financed 
by the European Fisheries Fund (EFF) (50%) and the Cyprus Government (50%). 
The percentage of the grant is 40% on the cost of eligible costs of the project. 
 6. To whom the subsidy is paid 
 The subsidy is paid to the owners of the fishing vessel.  
7. Amount of subsidy 
 
2013: CY contribution: € 3.391 
2014: CY contribution: € 0 
 8. Duration of subsidy  
 
The scheme was introduced in 2012 and expired in 2013.  
 9. The trade effect of the subsidy  
 
No effects on international trade.  
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