Eurostars – faster to international markets
Eurostars in a nutshell
Eurostars is European programme to make European SMEs internationally competitive leaders of their industry. Eurostars provides funding for market-oriented research and development with the active participation of research and development – performing small – and medium-sized enterprises (R&D-performing SMEs). Eurostars is managed by EUREKA.
Funding and expertise
Eurostars projects are funded by national agencies and the European commission together. Tekes has a budget of 5 million euros per year for Eurostars. Eurostars is a European funding programme dedicated to support R&D-performing SMEs in their innovative R&D projects. A Eurostars project must be aimed at the development of a new product, process or service. Project participants must include at least two countries participating in Eurostars and the SMEs must dominate the consortium. The leading partner must be a growth-seeking SME that invests at least 10 percent of turnover or human resources to R&D.
Apply and get funded
A Eurostars application is made to the Eurostars website. Applications are received at two annual cut-off dates, next on 2 March 2017 and 14 Sep 2017. The evaluation process is conducted by Eurostars using expert evaluators and an evaluation panel. As Tekes provides the public funding for Finnish applicants, Tekes will give to the evaluation panel a comment concerning the eligibility of each applicant.
The evaluation will end up in a ranking list and a combinatory work and result in the selection of projects. The national funding bodies will provide the funds and make contracts with their respective national partners. Tekes will make its funding decisions using normal Tekes procedures.
The maximum project duration is three years and results are expected to enter markets in two years after the project is completed.
The SME which is planning to take project lead is advised to contact the EUREKA project coordinator in his country. With the help of the Eurostars website you can see which countries are in the network, what their funding levels are, and who are the contact persons.
Mr. Tom Warras
National EUREKA Project Coordinator (NPC)
Tel. +35829 50 55839
Mr. Matti Evola
Tel. +35829 50 55835
E-mail format: firstname.lastname (at) tekes.fi
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