Sir Stylios Haji-Ioannou's first Sir Stylios awards presented to young entrepreneurs in Cyprus.

Cyprus-based global entrepreneur Sir Stelios Haji-Ioannou continues the Bilateral Challenge Awards initiative he launched for the first time in Cyprus 14 years ago and once again sets a precedent by rewarding young entrepreneurs.

The Stelios Oda Awards

As part of the new initiative "Stelios Odes", the Stelios Family brand awarded the owner of the Stavros restaurant in Pedoulas, Theodoros Panaida, the top prize of 30,000 euros. Second place went to Hassan Sieber, owner of Colive Ltd, an olive oil company, who received a prize of 20,000 euros. Eudokia Hadjiadamos, owner of Luluki Coffee and Donut café and store in Aglandia, was awarded the third prize of €10,000.

Sir Stelios Hadji-Ioannou presented''just €60,000 to three of the 23 best entrepreneurial ideas. The creator and owner of the Easy brand, founder and president of the Haji-Ioannou Foundation for Charity Sir Stelios Haji-Ioannou presented the awards to the winners of the 'Stelios Awards for Young Entrepreneurs 2023' at the Haji-Ioannou Foundation on Markou Drakou Street in Nicosia on September 15.

Sir Stelios Haji-Ioannou expressed his delight at the Stelios Awards for Young Entrepreneurs in Cyprus, "I am very happy that this year we have awarded young entrepreneurs in Cyprus for the first time. Just like the Young Entrepreneurs Award ceremony in Greece last week, the impressive participation of Cypriot and Greek citizens in this new initiative awakens in me the hope that young entrepreneurs in Cyprus, like their counterparts in Greece, are full of passion, vision and''imagination, and that is very important to me. I wish the winners to continue their work with the same passion, love and enthusiasm. I myself support the 'Stelios Awards for Young Entrepreneurs' and will always support young Cypriot entrepreneurs. Congratulations to all the winners and candidates who applied. We received 23 excellent applications in the first year, which made the final selection very challenging. I therefore encourage candidates to reapply next year and join the Stelios Awards for Young Entrepreneurs. I am very proud that we have selected three valuable consumer-focused startups.

"Stelios 2023 Awards for Young Entrepreneurs" in Cyprus are a unique initiative that has no analogues on the island. The "Stelios Awards for Young Entrepreneurs" aims to become an institution in Cyprus, next to the Stelios Two Nation Awards, which has been encouraging bilateral cooperation since 2009. Applications for the Stelios Two Nation Awards will be accepted from November to January 2024. The award ceremony is scheduled for March 2024. В''This year, 10,000 euros each will be awarded to 20 entrepreneurs engaged in bilateral cooperation. The total prize money amounts to 200,000 euros.