Eurostars: 800 Million Euro for High-Tech SME Research

18.10.2007
27 EUREKA-countries, including the five Nordic countries, have established Eurostars. “Eurostars brings a new level of cooperation and integration between Community and national research programmes,” Commissioner Potočnik said in a press release 2 October 2007. “It will boost R&D-performing SMEs and provides a powerful illustration of the European Research Area in action.”
Designed for SMBs
Responding to the specific needs of small and medium-sized enterprises (SMEs), the European Commission and EUREKA members have established the Eurostars programme. This is the first support and funding programme specifically dedicated to research- and innovation-performing SMEs.

Eurostars is offering a public/private funding package of 800 million euro over six years to support high-risk research and development (R&D) projects and transform new ideas into successful businesses. The first cut-off date for applications to the Programme will be 8 February 2008.

Accelerated One-Point Access to Funding
Creating strong links between public and private funding, Eurostars offers ambitious and
innovative SMEs a single access point at national level to both national and European research funding. Key benefits are a fast-track application procedure, harmonised evaluation and synchronised funding timetables, leading to fast results that can be brought to market rapidly.

More information about the Eurostars Programme can be found at: www.eurostars-eureka.eu
or by contacting EUREKA national project coordinators.
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