The critical importance of research and innovation in strengthening the EU's strategy for startups and scaleups, was pointed out by the Deputy Minister of Research, Innovation and Digital Policy Nikodimos Damianos, at the EU Competitiveness Council for Research, on Tuesday in Brussels. "This strategy is not only about supporting new businesses, but also about retaining talent and innovative startups within Europe," stressed Damianos, adding that "Cyprus is ready to actively contribute to its implementation, especially in view of the upcoming Cypriot Presidency of the EU Council in 2026."