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Eureka Eurostars 3: Call 2

Fund Name

Eureka Eurostars 3: Call 2

Project Length

Up to 36 months

Project Value

£2.5m

Deadline

24.03.2022

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Eureka is a global intergovernmental network, whose core aim is to raise the productivity and competitiveness of European businesses through technology. Not affected by the UK’s decision to leave the EU, the UK’s continued membership of Eureka allows applications by UK based businesses to Eurostars, Eureka’s flagship funding programme. Eurostars is dedicated to supporting R&D performing SMEs in innovative R&D projects. With its market-led approach, it encourages international collaborative research and innovation projects that will be rapidly commercialised.

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Fund Details

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
  • 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

Eligibility

To apply, you must fulfil seven eligibility criteria:

1. Your consortium is led by an innovative SME from a Eurostars country.
2. Your consortium includes at least two independent entities.
3. Your consortium includes entities from at least two Eurostars countries, the entities concerned must be independent from each other.
4. The budget of the SME(s) from a Eurostars country, excluding subcontracting, is 50% or more of the total project cost.
5. No single participant or country is responsible for more than 70% of the project budget.
6. The project duration is 36 months or less.
7. The project has an exclusively civilian purpose.

Each of the UK innovative 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)
  • charities
  • large businesses

(These organisations can take part but must self-fund or use funds from other sources).

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