Eurostars is a funding and support programme, aimed at R&D performing small and medium enterprises (SME), that wish to exploit the benefits that come with international cooperation. With its bottom-up approach, it stimulates international collaborative research and innovation projects that will be rapidly commercialised. Eurostars is a joint programme between national funding bodies gathered within EUREKA and the EU.
Eurostars can subsidize 35% up to 50% of the project budget. The maximum Eurostars grant is EUR 500,000 per project. The remainder must be financed by the partnership. Projects must be implemented within a maximum of 3 years and market introduction of the products has to be within 2 years of the project’s completion.
Eurostars applicants must submit a project that will develop new products, processes or services. There are no restrictions on thematic areas. Projects should have a market and commercialisation strategy in mind.
Eurostars is a transnational programme, where projects have partners from two or more Eurostars countries. It is intended that, due to this international collaboration, SMEs can more easily gain access to new markets.
The following countries participate in Eurostars:
- Europe: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal, Romania, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey and the United Kingdom.
- Africa: South Africa
- Asia: South Korea
- North America: Canada
- One R&D performing SME from a Eurostars participating country who will be the consortium leader. Its budget (excluding subcontracting) has to be equal or at least 50% of the total project budget.
- One other independent partner from another Eurostars participating country.
In case there are multiple R&D performing SMEs, their combined total participant budgets (excluding contracting) must equal at least 50% of the total project budget. Furthermore, the consortium has to be well balanced; no single participant or country can be responsible for more than 75% of the total project budget).
In order to apply for funding, a project proposal needs to be submitted. The complete evaluation process, from submission deadline to finalisation of the funding contract, is normally achieved within four to seven months.
Contact Suzana Djodjo (Suzana@advanceconsulting.nl) for information on how we can assist you to successfully apply for funding from the Eurostars programme.
A visual view of the eligible countries for the Eurostars programme.