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University of Cyprus 2017 Knowledge, Research, Innovation, Entrepreneurship 1 10/25/2017 «Daring to Soar Higher: Unleashing the Potential of the University of Cyprus»

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University of Cyprus 2017

Knowledge, Research, Innovation, Entrepreneurship

110/25/2017

«Daring to Soar Higher:

Unleashing the Potential of the University of Cyprus»

Cyprus: General Historic Information

• Cyprus has played an important role in the history of the Eastern Mediterranean

on account of its privileged geographical position on the crossroads between the

Orient and the Occident.

• The island's prehistory runs as far back as the 8th millennium B.C.

• The island became independent from the British Rule in 1960 and was proclaimed

a Republic.

• The Turkish, after an invasion in July 1974, occupied 37% of the island's territory.

• Cyprus enters the EU in 2004.

CY

PR

US

EC

ON

OM

Y

10/25/2017

2

Cyprus Economy

Cyprus and its role as an energy, financial and shipping hub:

2011: Cyprus enters an economic crisis

2012: Cyprus seeks for financial help from the EU

March 2013: Eurogroup & Cyprus Bailout

March 2016: likely successful completion of its bailout

programme

CY

PR

US

EC

ON

OM

Y &

UC

Y

10/25/2017

3

Next Goal Cyprus EconomyC

YP

RU

S E

CO

NO

MY

10/25/2017

4

….-1970 Agricultural Society

1980 Industry and Tourism

1990 Focus on Tourism and Services

2000 Construction Industry is developing

2020: Could a Knowledge Economy prevail?

University of Cyprus (UCY) - General Information

• Established: 1989

• First undergraduate students: September 1992

(3 Faculties, 10 Departments, 486 Alumni)

• First postgraduate students: February 1997

10/25/2017

5

UC

Y

Mission & Core values

10/25/2017

6

UC

Y

Mission: The creation of

added value

through activities in the

following areas:

•Science and intellectual

proliferation

•Open Society

•Social Productivity

Core Values:

• Integrity

• Responsibility

• Creativity

• Freedom

• Passion

Vision 2025

10/25/2017

7

UC

Y

“To establish the

University of Cyprus as

a leading institution of

cultural enterprise, an

outstanding contributor

to society and a

reference point for the

global scientific

Community”

Next Goal

• 10000 students (25% postgraduate)

• 600 Academics

• 2000 new researchers

• 10 Faculties

• 26 Departments

• 16 Research Units

• 400 Administrative personnel

UCY by 2022 in numbersU

CY

-V

ISIO

N

10/25/2017

8

Next Goal

• To reach No 200 globally by 2025.

• To become the first financially autonomous University in Cyprus by developing

entrepreneurial activities & sustainable development.

• To become a University of Diaspora: attracting high Calibri Cypriot and Greek

academics and researchers from all over the world.

• To become a federal university in the post-solution era.

Strategic Goals (2016-2025 Strategic Plan)U

CY

-V

ISIO

N

10/25/2017

9

UCY - Figures Today

• 43 Undergraduate programs

• 62 Postgraduate programs (Masters)

• 24 Postgraduate programs in English & other international languages

• 43 PhD programs

• 5083 Undergraduate students

• 1098 Postgraduate students

• 658 Doctoral students

UC

Y -

KN

OW

LED

GE

10/25/2017

10

UCY - Figures TodayU

CY

-K

NO

WLE

DG

E

10/25/2017

7

9 Faculties – 23 Departments

• Faculty of Humanities

• Faculty of Economics and Management

• Faculty of Pure and Applied Sciences

• Faculty of Social Sciences and Education

• Faculty of Engineering

• Faculty of Letters

• Medical School (2013)

• Graduate School

• Faculty of Marine Science and Technology

11 Research Units 97 Research Labs

UCY - Research Units/Centres (11)

• Archaeological Research Unit

• Research Centre for Sustainable Energy

• Centre for Applied Neuroscience

• Molecure Medicine Research Centre

• Nanotechnology Research Centre

• Nireas- International Water Research Centre

• Economics Research Centre

• Research Centre for Gender Studies

• KIOS Research Centre for Intelligent Systems and Networks

• Centre for Banking and Financial Research

• Oceanography Centre

UC

Y -

KN

OW

LED

GE

10/25/2017

12

UCY - Chairs/Centres

Faculty of Social Sciences and Education

• Jean Monnet Chair in European Political Integration

• Jean Monnet Chair in Foreign Policy

• Jean Monnet Chair in European Economic Integration

• UNESCO Chair in Gender Equality and Empowerment

• Jean Monnet Centre of Excellence.

Faculty of Letters

• Chair of Underwater Archaeology

Faculty of Engineering

• Marie Curie Chair of Excellence, TUMOURANGIO

Faculty of Economics and Management

• Bank of Cyprus Chair for Finance

• Columbia Shipmanagement Chair in Strategic Management

• Giorgos Vasiliou Chair in Marketing and Market Research.

UC

Y -

KN

OW

LED

GE

10/25/2017

13

Next Goal EU Map – Incoming Erasmus+ students (2008-2017)

Next GoalGlobal Map with 50 countries – International Students & Alumni

UCY – International Rankings

• According to the latest Times Higher Education World

University Rankings 2017, UCY is ranked 52nd (Top 200

World Universities Under 50 years old).

• Ranked 696th by Webometrics/Ranking Web of Universities

(Best 1.000 Universities Worldwide for 2016).

• Ranked 228th by UI GreenMetric Ranking of World

Universities 2016 (Best 516 Green Universities Worldwide

from 74 countries).

• Ranked 296 amongst 3379 universities in the European

Union by European Union ranking.

• ranked 505 amongst all universities worldwide by U.S. News

Best Global Universities rankings.

UCY has done remarkably well in its 27-year-old history!!

UC

Y -

INT

ER

NA

TIO

NA

L RA

NK

ING

S

10/25/2017

16

UCY: One of the most trustworthy state institutions

The University of Cyprus is

considered as the most trustworthy

state institution by the Cypriot

public, followed by the Auditor

General, the Armed Forces and the

Police.

(Survey conducted recently by Stock

Watch aiming to evaluate the

confidence and trust the Cypriot

public has in the main state

institutions).

UC

Y –

TR

US

T (S

tock

Wa

tch)

10/25/2017

17

UCY in Crisis

• March 2013: UCY lost and regained 40million euros

• The state budget of the University dropped significantly

100 million euros

62 million euros

The University of Cyprus uses the crisis as an opportunity

to develop further and help its country.

It brings more research funds, receives private and public donations for its

infrastructure and it employs more people

Strong points

•Expertise

•Good Intensions

•Example of

Governance

CY

PR

US

EC

ON

OM

Y &

UC

Y

10/25/2017

18

We need to think

out of the box!

•Increasing our income through

European research funds

•Minimizing operational costs

(saving energy, saving in rents)

•Making the most of our

expertise (academics are

appointed as consultants by the

Government)

•Using social and other media to

convey the message to the public

that

“Even in Crisis we must invest

in Knowledge, Research and

Innovation!”

UCY – Global Economic CrisisC

YP

RU

S E

CO

NO

MY

& U

CY

10/25/2017

19

•UCY uses the crisis as an opportunity

to develop further and help its country.

•UCY plays its role as an economic-growth ENGINE leading

dynamically Cyprus´́́́ s development and innovation.

•UCY brings more research funds, receives private and public

donations for its infrastructure and it employs

more researchers.

UC

Y -

OP

PO

RT

UN

ITIE

S F

OR

CO

LLAB

OR

AT

ION

UCY – Opportunities for Collaboration

Geographical Location and Political Stability

�Proximity to Middle East and North Africa

�Proximity to Israel, Lebanon, Syria, Egypt ….

�Proximity to Turkey

�Politically stable

�High quality of life; low crime

�In the EU and the Eurozone

10/25/2017

20

UC

Y

UCY: Knowledge, Research, Innovation, Entrepreneurship

10/25/2017

21

•Cyprus and UCY are an ideal

location for R&D Centers.

•UCY is a young and highly

dynamic university

•Great potential for fruitful

collaboration with international

companies.

•Possible cooperation with

Honeywell and Samsung.

Next Goal

• In 2007 Cyprus is ranked first in Europe in number of funded ERC programmes

normalized by population, entirely based on funded projects from University of

Cyprus researchers .

UCY: ERC ProgrammesU

CY

-R

ES

EA

RC

H

10/25/2017

22

Next GoalUCY: 1st Beneficiary – EC Financial Contribution Granted in FP7U

CY

-R

ES

EA

RC

H

10/25/2017

23

UC

Y -

RE

SE

AR

CH

R&D Expenditure in European Union (%OF GDP, Figures of 2013)

10/25/2017

24

UC

Y -

RE

SE

AR

CH

UCY: Research State Fund and External Sources

10/25/2017

25

Horizon 2020

UC

Y -

OP

PO

RT

UN

ITIE

S F

OR

CO

LLAB

OR

AT

ION

UCY – Opportunities for Collaboration

1. High Quality Academic Staff and Infrastructures at UCY.

2. Qualified Personnel from Other Neighboring Countries

�Cyprus attracts professionals from other countries – already there is a

large pool of expatriates that lives and works in Cyprus (e.g., Amdocs,

Wargaming; Viber, etc)

� Pleasant environment for families

� Excellent private elementary/high schools

� Good weather

� English is widely spoken

10/25/2017

26

Next Goal

• ERC Competitive Grants

UCY: Research ERC Competitive GrantsU

CY

-R

ES

EA

RC

H

10/25/2017

27

Starting Grants Consolidator Grants Advanced Grants Proof of Concept Total

University of Cyprus 4 1 2 3 10

Next Goal

• UCY participates in the new Teaming project of the EU with a total budget of 14,6

million Euros (Phase 1).

• Cyprus got 3 out of the 30 projects approved.

• During Phase 2, 11 projects will be selected and will receive funds of €20 million

each.

Teaming & Creation of Centers of ExcellenceU

CY

-IN

NO

VA

TIO

N

10/25/2017

28

CY-Biobank Biobanking

and the Cyprus Human

Genome Project

KIOS Research Centre of

Excellence for Intelligent

Systems and Networks

Research Centre in

Interactive Media, Smart Systems and

Emerging Technologies

Next Goal

• The journal Nature Index Global 2014 states that Cypriot Researchers are very

productive, even compared to countries with tradition in research such as the UK

UCY: UCY Researchers – highly productiveU

CY

-R

ES

EA

RC

H

10/25/2017

29

According to the Innovation Union

Scoreboard 2014

the University of Cyprus is the top

institution in Cyprus regarding EC financial

contribution in FP7,

that participated in 104 projects and

received €30 million

in funds

Next Goal

On 12 December 2014, the University of Cyprus, the European Investment Bank

(EIB) and the Republic of Cyprus signed an important agreement.

Total investment: €216.215.000

75% (€162.000.000) loan by the EIB

25% (€54.215.000) Internal funding

Duration of the project for the completion of University Campus: 2015 -2020

EIB Investment - Completion of the City of KnowledgeU

CY

-K

NO

WLE

DG

E

10/25/2017

30

•Donations of a total value of almost €27 million for infrastructure and buildings.

•Donations of a total value of almost €2.500.000 for scholarships and grants.

•Non-monetary Donations of a total value of almost €1.500.000.

UCY Community Members extend their sincere thanks to the donors who

consistently support our academic institution.

Significant Donations Made to UCY - Completion of the City of Knowledge

- UNIVERSITY CAMPUSU

CY

-K

NO

WLE

DG

E

10/25/2017

31

Learning Resource Center Stelios Ioannou/ designed by Jean Nouvel

Next Goal

Montreal Medical International Inc (MMI), & IBE Partnership LLP & UCY

collaboration for the development of a University Hospital on UCY Campus land.

Project Aim:

To establish an academic healthcare facility and research/teaching hospital that

would provide the highest quality medical and surgical services to the local

community and incoming medical tourists, with an emphasis on specialized care.

MMI/IBE Investment – University Hospital

to be developed on UCY CampusU

CY

-K

NO

WLE

DG

E

10/25/2017

32

UC

Y -

OP

PO

RT

UN

ITIE

S F

OR

CO

OP

ER

AT

ION

UCY: Α University of Diaspora

University of Cyprus Research and Innovation Institute

As from May 2011, Nobel Economics Prize winner, Professor Christopher Pissarides teaches at the Department of Economics at

the University of Cyprus

10/25/2017

33

Infrastructure and funding are important

but

Quality Human resources is a must in

order to succeed.

Strategic goal: Attract high Calibri Cypriot,

Greek and foreign academics and

researchers from all over the world.

UC

Y -

OP

PO

RT

UN

ITIE

S F

OR

CO

OP

ER

AT

ION

UCY: Research and Innovation Institute

• Aiming to become a Leading Research Institute in the International Arena

and a Center of Excellence in the Mediterranean Region.

• Aiming to become an attractive destination for various research and

technology projects and programs.

• Aiming to cooperate with the Cyprus Industry.

• Aiming to become a “Tank” of research and Technological knowledge and

an Incubator of creative scientists.

• Aiming to create subsidiary companies and sub-institutes via partnerships.

10/25/2017

34

Vision to employ 2000 young scientists by 2020

Next Goal

• Production of olive oil

The university of Cyprus planted over 100 olive trees donated by the Cyprus

Institute of Agriculture and is planning to increase the production and sale of its

own virgin olive oil.

UCY: Entrepreneurship U

CY

–E

NT

EP

RE

NE

UR

SH

IP

10/25/2017

35

Employ

students

and alumniTeach

students to

love their

land

Assist students

in a financial

need

Next Goal

• Carob Processing: Food and Pharmaceutical Industries - production of Organic

Baby Food, Medicines, Organic Animal Food, Carob Syrup, Carob Powder, etc.

• “Black Gold” Research Center: aiming to develop new carob based functional

food products targeted at health conscious consumers and to evaluate the crop’s

agronomy.

UCY: “Black Gold” Research Center U

CY

-E

NT

EP

RE

RE

UR

SH

IP

10/25/2017

36

UC

Y -

EN

TE

PR

EN

EU

RS

HIP

UCY: Carob Production & Processing

(Estimated Project Value – €5 MILLION)

Creation of a 40,000 carob tree ORGANIC

plantation with the aim of:

10/25/2017

37

• Production of carob pods & carob related products

• Research & Development of new products

Intention of partnering with local & international food manufacturers to

produce INNOVATIVE new products capitalizing on the various

nutritional & medicinal benefits of carobs.

Next Goal

• Promotion of modern agricultural economy by creating a pumped storage plant

facility.

UCY: Development of a pumped storage plant facility.U

CY

-IN

NO

VA

TIO

N

10/25/2017

38

50MW PV

(8hours)

18 MW

Hydro

(14hours)

UC

Y -

INN

OV

AT

ION

UCY: Kourris-Arminou Pumped Hydroelectric Storage

(Estimated project value– €30 to €300 millions)

10/25/2017

39

UC

Y -

INN

OV

AT

ION

UCY: Kourris-Arminou Pumped Hydroelectric Storage

(Estimated project value– €30 to €300 millions)

10/25/2017

40

Project aim:

Development of a pumped storage facility, utilising Kourris &

Arminou Dams as reservoirs and exchanging large volumes of

water for pumped storage purposes (energy storage at times

of high production and energy production during peak

consumption).

The facility can range from 15 to 95 MW (Max weekly output

of 2000 GWh) - Both are economically viable options with

government favouring the 95MW option.

UC

Y -

INN

OV

AT

ION

UCY: Tamasos Solar PV Park

(estimated project value – €75 millions)

10/25/2017

41

Project aim:

• 50 MW Solar PV Park utilising pumped storage to

smooth out variations in PV generation.

• Klirou and Kourris Dams to be used for energy storage

at times of high production and provide energy during

peak consumption.

Financial viability has been estimated:

• Internal Rate of Return 18%.

UC

Y -

INN

OV

AT

ION

UCY: Solar Assisted Desalination Plant

(Estimated project value – €20 millions)

10/25/2017

42

Project Aim:

Energy to be produced by PV to offset desalination plant

electricity requirements.

Proposed:

• A 7 MW grid connected pv system (reverse osmosis).

•Provision of 15% of annual Larnaca desalination plant energy

requirements.

•A competitive low cost and low environmental impact

alternative.

UC

Y –

INN

OV

AT

ION

UCY: Solar Assisted Desalination Plant

[estimated project value – €10 millions (EXCL. LAND COSTS)]

10/25/2017

43

Innovative Project:

•successfully coupling the principle of desalination with

renewable energy technologies.

•forming the first of its kind project in Cyprus and a worldwide

showcase in this area.

Financial viability (estimated):

• Internal Rate of Return 12%.

• Equity Payback in 7 years.

UC

Y –

INN

OV

AT

ION

UCY: Cyprus Cyclotron Center

(estimated project value – €15 millions)

10/25/2017

44

Project aim:

The establishment of a Cyclotron Center for the production of

radioisotopes for medical & other industrial applications such

as:

• INDUSTRIAL PHARMACEUTICAL TECHNOLOGY

• RADIOCHEMISTRY

• ACCELERATOR PHYSICS

Demand in the region appears to be strong.

Discussions with interested private companies have

commenced.

UC

Y -

INN

OV

AT

ION

UCY: Infrastructure For Conflict Transformation (IFCT)

(estimated project value – €10 Millions)

10/25/2017

45

Project aim:

The establishment of a RESEARCH INSTITUTE on issues of

peace, conflict and development providing:

• LOCAL SERVICES (MEDIATION/ADVOCACY)

• INTERNATIONAL SERVICES (SOCIAL ENTREPRENEURSHIP &

FIELD SURVEYS)

• EDUCATION (PRIVATE SCHOOL; MASTERS/PHD PROGRAMS)

• RESEARCH

• HOUSED IN BUFFER ZONE BUILDINGS

• COLLABORATIONS FROM BOTH GC & TC COMMUNITIES.

A project of vital importance given the possibility of a solution to the Cypriot

Problem and given the current conflicts in our geographic region.

Next Goal

• Promotion of Scientific tourism by operating a Conference Center at Troodos

mountain.

UCY: Entrepreneurship U

CY

-IN

NO

VA

TIO

N

10/25/2017

46

Make the

most of

Cyprus

nature

Attract new

type of

tourism

Next Goal

• The establishment of a Specialized in Pulmonology University Hospital in the area

of Kyperounta (Troodos).

UCY: Entrepreneurship

10/25/2017

47

Promotion

of medical

tourism

UC

Y -

INN

OV

AT

ION

UCY - Faculty of Engineering (NEW BUILDING)

10/25/2017

48

Τhe construction will be

completed by 2018

UC

Y -

KN

OW

LED

GE

UCY – Department of Biological Sciences (NEW BUILDING)

10/25/2017

22

Τhe construction will be

completed by 2018.

KN

OW

LED

GE

UCY – “Nikos Shacolas” School of Medicine and Health Sciences

(NEW BUILDING)

10/25/2017

22

Τhe construction will be

completed by 2020.

KN

OW

LED

GE

Next Goal

• Soon the University of Cyprus will be the first University in the World that it will

be completely dependent on Solar Electricity.

• With its two photovoltaic parks, Apollo & Phaethon it becomes an example of

sustainable development.

UCY: A Green UniversityU

CY

-IN

NO

VA

TIO

N

10/25/2017

51

Next Goal

• Apollo photovoltaic park is the first investment ever

developed in the Buffer Zone.

UCY: A Green UniversityU

CY

-IN

NO

VA

TIO

N

10/25/2017

52

UC

Y

University of Cyprus:

Knowledge, Research, Innovation, Entrepreneurship

10/25/2017

53

“Imagination is the beginning of creation.

You imagine what you desire you will what you

imagine and at last you create what you will.”

George Bernard Shaw

Thank you!

Professor Constantinos

Christofides, Rector

Tel. 00357 22 894008

[email protected]