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First Elements Euroconsultants ltd
2, Kleomenous str
1st floor
1070 - Nicosia
t/ +357 22875710
+357 22757080
e/ info@firstelements.com.cy


First Elements is active primarily in three core business sectors which present significant over-lap and synergies. Indeed, many of the company’s activities cut across all three sectors, which require similar skill-sets, know-how and network:
  • SMEs support, especially for developing and supporting new-founded, entrepreneurial, technology-based companies. FE designs, manages and potentially invests in SME support mechanisms such as Science and Technology Parks, Business Incubators and SME financing schemes / funds. FE also has a strategic interest in the advancement of technology transfer, innovation and entrepreneurship in the SE Europe region and is therefore active in the promotion and development of related support mechanisms, pri-marily business incubators and technology parks. Our involvement ranges from assisting in the development of such mechanisms and participating in their management up to participating as a shareholder. In providing support, FE applies hands-on, business-type management methods and is actively involved in the strategic development, operational and financial management of projects and companies / organizations under its supervi-sion. In supporting these entities, the FE team immerses itself in their operations retriev-ing data and acknowledging their “modus operanti” (mode of operation), mapping the environment and establishing their needs. Business / strategic plans are dynamic in na-ture, as the environment and the factors surrounding the company and its operations are also dynamic; ever changing.
  • Project & Programme Management services to public bodies, especially in relation to State- and EU-funded programmes such as Structural Funds- Operational Programmes Technical Assistance projects as well as other EU initiatives such as Interreg, ENPI CBCMED programmes. It focuses on capacity building and transfer of know how to its clients to become fully independent by the end of the projects. Moreover, FE participates in R&D as well as other multi-partner projects as Project Manager, Financial manager and Evaluator of the programmes.
  • Research and Studies either through funded projects in areas where First Elements has strategic interests, or in the framework of service contracts locally and internation-als, in the fields of entrepreneurship and social issues, such as fundamental rights, per-sons with disabilities, minorities etc.

For a list of some indicative projects, please select one of the following: