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VELES Excellence Hub


Added by:   National contact point
Added on:   07 Oct 2025
Updated by:   OECD analyst
Updated on:   25 Dec 2025

Cyprus aims to advance dementia care and regional collaboration in the VELES initiative by integrating Big Data, AI, and IoT to enhance personalised medicine, informed decision-making, and disease prediction through secure, data-driven healthcare solutions.

Name in original language

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Initiative overview

VELES Excellence Hub, a dynamic consortium aimed at accelerating innovation excellence in smart healthcare, proudly announces its official launch starting on June 1st, 2023. With a focus on the widening countries of Bulgaria, Greece, Romania, and Cyprus, VELES develops novel methodologies and pilots to enable new collaboration opportunities and smart health innovations within a sustainable, excellent place-based ecosystem driven by Regional Health Data Space. This ambitious EU-funded project, valued at 4,750,000 euros, will conclude on May 31, 2027, leaving a lasting legacy of transformative impact.

The overarching objective of VELES is to foster an environment where smart health innovations thrive, creating excellent innovation ecosystems within the participating countries. Aligned with the Regional Research and Innovation Strategies for Smart Specialisation (RIS3) in healthcare, VELES aims to leverage cutting-edge technologies such as Big Data, Artificial Intelligence (AI), and the Internet of Things (IoT) to enable personalized medicine, informed decision-making, and enhanced disease prediction.

VELES was established as a consortium composed of 15 partners, representing both the four widening countries (Bulgaria, Romania, Greece, and Cyprus) and three developed countries (Sweden, Spain, and Germany).

The consortium includes prominent organisations such as
National eHealth Authority, Cyprus
3AE HEALTH LTD, Cyprus
STEGI EVGIRIAS ARCHAGGELOS MICHAEL KAIMAKLIOY, Cyprus

Name of responsible organisation (in English)

CYENS Centre of Excellence

Mechanisms to involve stakeholders in strategy design, implementation or monitoring

Don't know

About the policy initiative


Organisation:

  • CYENS Centre of Excellence

Category:

  • AI policy initiatives, programmes and projects

Initiative type:

  • International and multi-stakeholder co-operation on AI

Status:

  • Active

Start Year:

  • 2023

Binding:

  • Non-binding

Other relevant urls: