I saw a piece on CyBC last night that filled me with hope. Two Cypriots are building and exporting small gyrocopters (similar to helicopters) from a building that looks no larger than the average garage in the village of Tochni. They have applied for a German patent for their products and plan to expand the business once they do. They already have plans for a third, more ambitious model. Apparently they have already exported 27 of these aircraft.
This is their website:
http://www.aviomania.com/home.htm