The RESTART 2016-2020 is the current multiannual development framework of Programmes for Research, Technological Development and Innovation Support in Cyprus. It is co-funded by national and European funds and is implemented in conjunction with other national initiatives and programmes.

The vision of the RESTART 2016-2020 Programme is to promote the research, technological development and innovation sector as a key contributor to the economic development of Cyprus by addressing key economic and social challenges and developing the conditions for sustainable development, in line with the principles outlined in the Europe 2020 strategic framework for smart, sustainable and inclusive growth.

The total budget of the RESTART 2016-2020 Programme amounts to 99,140,000 Euros; an amount of EUR 45,000,000 is foreseen to be covered by the European Regional Development Fund.