CO-OPERATIVE ORGANISATION

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1st PRIZE OF THE EUROPEAN UNION
“EUROPEAN ENTERPRISE PROMOTION AWARD"

I am deeply honored and humbled to receive this award.

On behalf of our 2.500 members and customers, I thank you with all my heart. This is a price for all of them, for the loyalty and the trust they have shown us the past 12 years which helped us to grow and prosper, and enabled us to reciprocate offering them our full support.

In particular specialized tailored made loans which offer a combination of financial and counseling services to start ups by women and young entrepreneurs. These actions helped to the enhancement of women’s participation in our economy and raised their numbers in the world of business from 12% in 2001 to 28% in 2010.

This is a great achievement which we hope to see grow all over Europe because women’s talents cannot be waisted, especially in these critical times.

Women can be the stepping stone out of this recession and offer to a great extent to sustainable economic growth. This is the vision of the Cyprus Women’s Cooperative Bank and we are more than willing to assist the creation of similar practices on a European level even better to assist in the creation of a European Cooperative Bank. We strongly believe that cooperative societies and enterprises could play a crucial role in building a better, fair and democratic world, with equal opportunities for all. I truly hope that this model of business where people and not profit come first will make the difference in these trouble times.

Thank you.
 

THE CYPRUS WOMEN’S COOPERATIVE BANK WON
THE 1st PRIZE OF THE EUROPEAN UNION
“EUROPEAN ENTERPRISE PROMOTION AWARD"

The Cyprus Women’s Cooperative Bank won the first prize in the category 'European Enterprise Promotion Award', during the Award ceremony.

The European Commission, in corporation with the EU Presidency and the Committee of the regions organized the Conference "1st SME Cyprus 2012 Assembly" that took place on 15/11/2012 and 16/11/2012.

The award ceremony took place during the official dinner in Limassol in the presence of several officials from the European Union and the Cypriot Government.

Four hundred two projects competed this year in the national competitions for their participation in the awards, while the then 57 winners of national competitions participated at the European level of the competition.

The Cyprus Women’s Cooperative Bank won the prize "'European Enterprise Promotion Award" for the support offered to women's entrepreneurs in the last 12 years offering to women who wish to create a new business but also among young people easy access to financing and free consulting services for a period of 2 years, thereby increasing female entrepreneurship from 12% in 2001 to 28% in 2010.

This is the first time that a Cypriot initiative awarded by this institution which began in 2006 and is a great honor for Cyprus, particularly in a period that Cyprus presides over the European Union.
 

Awards

http://www.theparliament.com/digimag/issue355

http://www.euronews.com/2012/06/25/boosting-women-entrepreneurs

http://www.thecommonwealth.org/news/175982/235048/140311cwdayreception.htm

 

 
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