Eureka Eurostars and Innowwide: Funding Opportunities for Innovative SMEs

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Eurostars and Innowwide are two European funding programmes offered by Eureka Network that aim to support innovative small and medium-sized enterprises (SMEs) in their research and development (R&D) endeavors and international market expansion. Let’s explore these programmes in more detail:

Eurostars

Eurostars is a funding programme funded by the European Union and operated by Eureka Network. It focuses on supporting R&D-performing SMEs in developing innovative products, processes, or services with strong market potential. Here are some key features of the Eurostars programme:

  1. Funding: Eurostars provides financial support to SMEs for collaborative R&D projects. The funding amount can vary depending on the project, but it typically ranges from €1 million to €3 million.

  2. Eligibility: SMEs from European Union Member States, as well as associated countries such as Iceland, Israel, Norway, Turkey, and the United Kingdom, can apply for Eurostars funding. The programme encourages collaboration between SMEs from different countries.

  3. Evaluation and Selection: Eurostars projects undergo a rigorous evaluation process based on their technological excellence, market potential, and project implementation. Successful projects receive funding for their R&D activities.

  4. Market-Oriented Approach: Eurostars emphasizes the commercialization and market uptake of innovative products, processes, or services. It aims to support SMEs in bringing their R&D outcomes to the market.

Applications Deadline: September 12, 2024

Visit EUREKA Eurostars website for more information. If you need support, please contact Irena Rezec, an experienced evaluator of EU project applications.

Innowwide

Innowwide is another European funding programme offered by Eureka Network, specifically designed to help innovative SMEs assess the viability of their research or commercial ambitions in international markets. Here are the key aspects of the Innowwide programme:

  1. Funding: Innowwide provides grants of €60,000 to SMEs to conduct market feasibility studies for their innovative projects or solutions. This funding enables SMEs to work with local experts in their selected target country.

  2. Target Countries: Innowwide encourages SMEs to explore international markets beyond Europe. SMEs can choose a target region and country outside the European Union, such as Africa, the Americas, Asia, or Oceania.

  3. Collaboration: While only SMEs from European Union Member States or associated countries are eligible for funding, they can subcontract to partners in their selected target country. Subcontracted partners sign a commitment before the project application is submitted.

Applications Deadline: October 15, 2024

Visit EUREKA Innowwide website for more information. If you need support, please contact Irena Rezec, an experienced evaluator of EU project applications.

Both Eurostars and Innowwide offer valuable opportunities for innovative SMEs to receive financial support, access new markets, and collaborate with international partners.

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