The EUREKA Eurostars program is the largest international funding program for SMEs wishing to collaborate on R&D projects to create innovative products, processes, or services for commercialization. Our Eureka Eurostars guide helps maximize your chances of getting funded.
The Eureka Eurostars programme qualification criteria were recently updated. As a result of this, the programme now supports international innovative projects led by R&D-performing SMEs. This is in addition to innovative SMEs with no previous R&D experience, but with the ambition and capabilities to develop new products, processes and services. Thus, such innovative SMEs will be qualified for funding, to lead an international organization. Also, to collaborate on market-driven R&D and innovation projects with like-minded partners.
In additon, Eurostars is open for any technological innovation. With its bottom-up approach, Eurostars supports the development of rapidly marketable innovative products, processes and services. Moreover, that help improve the daily lives of people around the world.
First of all, the consortium must include at least two partners independent from each other and established in at least two different Eurostars countries. Moreover, the leader of this organization should be an R&D performing SME. Or an innovative SME with suitable ambition and capabilities. The typical consortium consists of 3 partners. Partners of the group might include: other SMEs, academic partners, research organizations or large companies.
Each partner within the organization/club should benefit from the Eurostars project and should offer essential expertise to set up the execution of the project.
This funding is to achieve proof of concept. Within two years after project, the product should be on the market, or clinical trials should start. Activities for life sciences often include all pre-clinical development steps until a small first-in-man study (compound screening, efficacy / tox studies, pharmacokinetic, etc). The project is evaluated from innovation, cooperation and economical perspectives.
Important to know is that the funding rules are determined per country. The budget, funding rate, rules for submission and more conditions depend on the country of the partner and will thus differ amongst the partners in the organization. On average the total subsidy for the entire project will be €1.5M, divided over the partners.
Eurostars projects in life sciences are projects which usually develop:
Evaluation: 3 months. Project starts 6 months after deadline.
Are you prepared for the upcoming Eurostars deadline? There’s a lot to take into consideration when applying for a Eureka Eurostars grant. Therefore, read our guide to find out how to draft the perfect proposal. Further, we help companies like yours to secure funding.