KPMG Startup Innovation Lab (SIL)

At KPMG Startup Innovation Lab (SIL) being part of the wider KPMG Entrepreneurship and Startups initiative is dedicated to fostering entrepreneurship and driving economic growth by supporting aspiring entrepreneurs in Cyprus.

No matter where you are in your startup journey, the KPMG Startup Innovation Lab (SIL) team is here to support you. From seed stage to pre-IPO, our multidisciplinary team is ready to take action and elevate your startup to the next level. Our team comprises professionals with diverse backgrounds, including audit, management consulting, IT advisory, financial advisory, and international tax. Leveraging KPMG's global network, we offer a range of support services tailored to meet the unique needs of startup companies at any stage of development.

We believe that startups play a crucial role in shaping the economy and driving innovation. Leveraging the lean startup process and the effects of technological globalisation, entrepreneurs today are achieving significant revenue growth with leaner teams and reduced capital requirements

Our mission is to raise awareness about entrepreneurship and mentor inspired startup ideas, ultimately transforming Cyprus into a startup nation. We accomplish this by providing workshops and educational resources covering entrepreneurship fundamentals, startup idea initiation, pitching, financing, and talent development.

Pre-Seed stage to pre-IPOs Turning entrepreneurial ideas into business reality while expanding and evolving.

• Business plan (preparation, review)
• Business model validation
• Fund raising support:
  • Approaching potential investors, through the KPMG network
  • Readiness assessment (preparation of investment documents, i.e. teaser, Information Memorandum)
  • Valuation
  • Equity and/or debt raising (including grants)
  • Pitching
• Mentorship
• Assist in developing growth strategy
   

We invite you to explore our event calendar, attend our workshops, and meet our team to discover how we can help you realise your entrepreneurial vision. Let's initiate on this journey together and shape the future of entrepreneurship in Cyprus.