Eureka Eurostars 3: call 1
Fund Name: Eureka Eurostars 3: call 1
Project Length: Up to 36 months
Project Value: Up to 360,000 euros or 60% of project costs
Innovate UK, part of UK Research and Innovation, is investing up to £2.5 million to fund collaborative research and development (CR&D) projects focused on industrial research. Eureka Eurostars 3 is for UK micro, small or medium-sized enterprises. Your project must have high market potential and develop at least one of the following:
- Innovative products
- Technology-based applications
- Technology-based services
Your collaborative research and development (R&D) proposal must demonstrate:
- A clear game-changing or disruptive innovative idea leading to new products, processes or services
- A strong and deliverable business plan that addresses (and documents) market potential and needs
- Sound, practical financial plans and timelines
- Good value for money, which will always be a consideration in Innovate UK funding decisions
- A clear, evidence-based plan to deliver significant economic impact, return on investment (ROI) and growth through commercialisation, as soon as possible after project completion
- Clear, considerable potential to significantly benefit the UK economy and/or national productivity
- The benefit of participants from the countries working together and how this adds value
- A clear definition of where intellectual property (IP) can be used and shared between the participants and countries
- A clear route to market within 2 years of project completion or the commencement of clinical trials if applicable
To apply, you must fulfil seven eligibility criteria:
- Your consortium is led by an innovative SME from a Eurostars country.
- Your consortium includes at least two independent entities.
- Your consortium includes entities from at least two Eurostars countries, the entities concerned must be independent from each other.
- The budget of the SME(s) from a Eurostars country, excluding subcontracting, is 50% or more of the total project cost.
- No single participant or country is responsible for more than 70% of the project budget.
- The project duration is 36 months or less.
- The project has an exclusively civilian purpose.
UK registered SME’s can apply for a total grant of up to 360,000 euros for each eligible UK project partner or 60% of total eligible project costs, whichever is the least. Projects must be collaborative. In the UK, only UK registered research-performing SMEs are eligible for funding. More than one UK SME can be involved in each project. Each of the UK research-performing SMEs must meet one of these conditions:
- Invest 10% or more of their turnover into research
- Have 10% of their full-time equivalent staff working on research activities
- Have 5 or more full-time staff working on research activities if the SME has 100 or fewer employees
- Have 10 or more full-time staff working on research activities if the SME has more than 100 employees
Innovate UK will not fund any other types of organisations, including:
- Academic institutions, including universities
- Research and technology organisations (RTOs)
- Large businesses
These organisations can take part but must self-fund or use funds from other sources.
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