5 Minute News

Young Entrepreneur Donates Award to Those in Need

October 13, 2025

George Chrysochoumidis, a 23-year-old, won first prize at the Stelios Awards and is donating the €100,000 prize to young entrepreneurs and families in financial need. He emphasized the importance of sharing success and hopes to inspire others to view entrepreneurship as a means of social contribution. His company, Shrine Solutions Ltd, has become a successful example of innovation in Cyprus. Chrysochoumidis sends a message of solidarity to the younger generation, highlighting the social responsibility of entrepreneurs. His action showcases the blend of innovation and humanity.