The winners are:

Kyriacos Kallis and Hasan Caglioglu of Cypress Handcrafts, a long-time partnership producing and distributing traditional handicrafts from Cyprus

Kyriacos Chrysostomou and Can Aygin of C&K Natural Stones, two partners who sell stone, marble and other construction material throughout the island

Andreas Louca and Mustafa Kemal Kasapoglu of eSelis, a partnership specializing in the digitization of books and documents

Ioannis Panayi and Huseyin Irfan  of United Distribution who produce and distribute bakery products throughout the island of Cyprus

George Lordos, Erol Riza and Tamer Zaim of Green Growth Energy Services, providing energy audits and renewable energy products and services for commercial real-estate

The Stelios awards for business cooperation in Cyprus promote island-wide, bi-communal business cooperation between entrepreneurs by giving promising ventures the funding boost they need to grow. The award is funded personally by Stelios through the Stelios Philanthropic Foundation, which is dedicated to the three E's - Education, Entrepreneurship and the Environment.

The five winners come from a range of disciplines, but all demonstrate island-wide entrepreneurial activity and consist of at least one Greek-Cypriot and one Turkish-Cypriot partner.

In this second year of the unique Stelios Award for Business Cooperation in Cyprus, shortlisted candidates submitted home-made videos and presentations to give the Stelios Philanthropic Foundation team a glimpse of their partnerships and businesses. The award ceremony evening was generously hosted by the Greek-Cypriot and Turkish Cypriot Chambers of Commerce in conjunction with the UNDP-sponsored "Economic Interdependence Project" and welcomed over 200 guests.

Commenting on the awards, Stelios said “Again this year, I have been very impressed by the quality and enthusiasm of all of the applicants for this Award.  The 5 winning teams are a testament to the spirit of entrepreneurship which is bringing the two communities together on the island of Cyprus.  I wish them much success - and look forward to welcoming more applicants in 2011!”