Eureka Eurostars 3: Call 3 is open for applications until 15th September. Through this competition, UK registered SMEs can apply for a share of £2.5 million to fund collaborative R&D projects with organisations from participating Eureka Eurostars member countries.
Scope
Applicants must develop an innovative product, technology-based application, or technology-based service with high market potential, and transition from TRL 4 to TRL 6. All proposals must demonstrate:
- a game-changing or disruptive idea leading to new products, processes or services
- a strong and deliverable business plan that addresses 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 can be used and shared between the participants and countries
- a clear route to market within two years of project completion
Eligibility
UK registered SMEs can apply for a total grant of up to €360,000 or 60% of the total eligible project costs (whichever is the least). To apply, you must also fulfil the following seven eligibility criteria:
- The project lead is an innovative SME from a Eurostars country.
- Include at least two independent entities in your consortium.
- Include entities from at least two Eurostars’ countries in your consortium.
- 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 less than 36 months.
- The project has an exclusively civilian purpose.
How can RedKnight help?
RedKnight has an excellent track record of supporting applications to Eureka Eurostars. For example, we recently won €674,160 on behalf of the FrOLik consortium – read more about this here. If you are looking for bid writing support and would like to arrange a free consultation, get in touch today.