The goal of the EUREKA Eurostars-program (EUROSTARS) is to stimulate European entrepreneurship by supporting international research and development projects (R&D) done by SMEs. With this program, EUROSTARS aids SMEs in performing technological development with a market focus. The goals are to reduce time-to-market of new technologies and decrease technological risks.
Contributions and conditions
A Eurostars project is an international R&D project:
- That is done by an SME that invests a minimum of 10% annual revenue or FTE in R&D. The role of the SME participant(s) in the project needs to be significant, which means that a minimum of 50% of the total project costs for R&D-activities need to be contributed by the SME-participant(s);
- Where a minimum of two partners from two different Eurostars-participating countries is involved. The executing consortium needs to be balanced in such a way that a single participant or country is not responsible for 75% of the total project costs or more;
- That relates to an arbitrary field of technology, but always has a civil objective and is focused on the development of a new product, process or service;
- That has a maximum length of three years and a research product that is viable for market introduction within two years of the project.
- The electronic application form needs to be accompanied by a signature of all participants; certified copies of the most recent financial reports and the business plans of all participants.
SMEs in a partnership of at least two participants, from two or more different EUROSTARS countries. The companies need to allocate at least 10% of their revenue or 10% of their FTEs to applied research and experimental development.
The Eurostars countries that participate in the program are:
Austria, Bulgaria, Belgium, Canada, 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, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, Turkey, and United Kingdom.
Budget and Deadlines
Projects are supported by the national programs. This means that the actual contributions to the R&D performing SME’s is dependent on the country and the amount of eligible costs.
The budget for EUROSTARS for the period 2014-2020 is 1,14 billion euros. In this timeframe, there are multiple calls for projects.