Your trusted adviser for R&D Tax Credits, Creative Tax Relief, and R&D Grants
Your trusted adviser for R&D Tax Credits, Creative Tax Relief, and R&D Grants
Eureka Eurostats is the most extensive international funding programme for innovative SMEs wishing to collaborate on R&D projects. UK SMEs can apply with the total grant capped at 60% support up to €360,000. Projects must include at least two partners independent from each other and established in at least two different Eurostars countries.
Myriad is the UK’s leading specialist R&D grant adviser. Our talented bid writing team boast some of the highest success rates in the UK and Europe.
We’ve created six simple sections to help you understand how EUREKA Eurostars works and whether your business could be eligible for funding.
EUREKA Eurostars is an international network that was initially created to foster European competitiveness and encourage R&D.
The United Kingdom's funding body, Innovate UK, funds R&D costs for SMEs participating in our Eurostars programme.
Innovate UK covers up to 60% of project costs in grants for SMEs.
The maximum funding amount is a grant of 360,000 euros per project.
An eligible EUREKA Eurostars project should be aimed at the development of a new product, process or service and must fulfil seven eligibility criteria:
When applying for a sector-based competition, ensure that your project or activity is eligible for the competition you’re entering, as each competition has different criteria.
Also, ensure that all past Eurostars-funded projects have been completed fully. They won't award funding if any previously awarded funding you've received has not been exploited.
Details of how to apply will be made public when each funding round is launched. Current calls can be found on the Eureka network website.
Applying for a grant is a time-consuming and resource-intensive process. With our grant bid writing service, we can work with you to prepare an application that gives your project the best chance of success.
Each grant competition has its own rules and requirements. You need to ensure that your innovation meets the competition scope and that you are eligible to apply. For further guidance, you can contact us to check that you’re applying for the proper competition.
Grant applications are usually examined by independent experts in the area of innovation identified in the application. The number of experts scoring the application depends on the grant awarding body.
Award-winning projects will involve breakthrough technologies and disruptive innovations that draw on unique strengths from Europe and provide global opportunities to scale up.
"Marc and his team assisted Hooke Bio in securing EIC Accelerator funding (blended finance). I doubt we would have successfully navigated the complicated EIC process and portal without Marc's in-depth knowledge of the portal's structure and strategic grant writing. He has fantastic attention to detail, is easily contactable and always very clear with his feedback. Marc's assistance does not end with notification of the funding; he continues to advise, assist and put us in contact with others in his vast network who have received similar funding."
Dr Finola Cliffe
Hooke Bio Ltd
"Marc and his team have been an excellent support to Luminate, advising on DTIF and EIC Accelerator grant submissions. They have an obvious understanding of the funding requirements and have supported us through all phases, from grant writing to interview preparation. I would highly recommend him for support on deeptech funding applications."
Aaron Hannon
Luminate Medical
“Marc and the Myriad team helped us apply for and secure an EIC Accelerator Grant. I would recommend Marc and the wider team to anyone applying for this or any other type of funding. He has an incredible talent for structuring and writing technical content such that it is both easy to understand and compelling and a knowledge of the process that is second to none. Consultants often have a sometimes-earned reputation for "give me your watch, and I'll tell you the time". Marc could not be more different to this. His optimism, proactivity, resilience and sense of humour kept us going through a challenging process from beginning to end. I lost count of the number of times he has said, "Don't worry, I'll do that". He's also a great bloke, and I look forward to having the opportunity to work with him again in future.”
Dominic Griffiths
Alesi Surgical
"Marc is the best in the grant funding business, with a stellar success rate at innovation funding mechanisms. He acts as a guide to enable the reviewer to be the hero - clarifying your message so the audience will listen - and his approach works. I've heard Marc described as a great grant writer and editor, but that description is an injustice to his deep expertise, effort, and skill. We've had a 100% success rate for all applications we've worked with Marc - notably EIC Accelerator grant-first (plus future equity) success in 2021."
Stephen Cox
Invera Medical
“Kite Medical had the pleasure of working with Marc on a recent grant application to the EIC Accelerator, which was successful. Marc became part of our team during this time and was a consistent calming influence. He is so knowledgeable about this process and works so efficiently that it significantly enhanced our experience. We would be more than happy to recommend Marc and his team at Myriad.”
Joan FitzPatrick
Kite Medical
"Lauren and the Myriad team helped us apply for and secure funding through the Disruptive Technologies Innovation Fund (DTIF). Lauren was instrumental in our success, providing CergenX and the other consortium members with clear guidance, advice, and writing expertise. I look forward to continuing this working relationship, and I would recommend Lauren and the wider team to anyone applying for this or any other funding of this type."
Jason Mowles
CergenX
"The Galenband team collaborated with Lauren through Myriad to prepare our grant submission. Throughout this process, Lauren demonstrated a wealth of knowledge, offering insights and clarity on the nuanced details of a grant application. This significantly expedited and streamlined the proposal and interview preparations. We look forward to continuing our collaboration with Lauren during the grant agreement process and sincerely appreciate the support received thus far."
Oisín McGrath
Galenband
"We worked with Lauren and Marc at Myriad for over a year in preparing our submission for the EIC Accelerator, and they were a pleasure to work with during that time. They helped us with every step from proposal writing to interview preparation and were key to our success in securing the approval for a Grant-First Award of €2.5m followed by €6m in equity. We continue to work with Lauren and Marc since their experience is invaluable in the ongoing management of our grant, and it frees me up as CEO to focus on driving the business, knowing that I am in their safe, guiding hands. I couldn't recommend Lauren, Marc and Myriad highly enough!"
Peter F Doyle
BioSimulytics
"I have worked with Rehman on several grant proposals, and so far, he has kept us at a 100% success rate (approx. €4m to date!). Rehman can quickly get to the heart of deeply technical ideas and help translate them into proposals that win. He is driven and has excellent attention to detail, and I'd have no problem recommending him to anyone looking to do the same!"
Mark Brassil
Smart Reactors Ireland and Cerefuze Medical Devices UK Ltd
"Working with Rehman on our EIC grant submission was more than a pleasure. He has much experience in grant writing. We were successful with his expert guidance and support. I enjoyed working with Rehman; he was knowledgeable and highly motivated approach. I highly recommend working with Rehman for his professional services and personality. Thanks for all your help, Rehman! You did a great Job!"
Shahar Shaked
BioProtect Ltd
Myriad have an enviable track record with R&D grant applications. Using our grant application services can give you a significant competitive advantage over other grant applicants.
Our grant bid writers have secured over £200m for our clients in the last 24 months. We are also very proud to have secured some of the highest-scoring applications in Europe, with five of our projects scoring 15/15.
About Myriad
Eurostars is open to all projects in all technology areas and market fields. Projects must have a civilian purpose.
Each Eureka Eurostars competition will have a different set of criteria your application must meet.
But there are a few general standards that all applications should adhere to:
Make sure the application does not:
The application will very likely not be successful if it:
Only SMEs performing R&D are eligible for grant funding. To qualify as a research-performing SME, you must:
In addition to qualifying as a research-performing SME, your business must be registered at Companies House and trading for 12 months at the closing date for applications. All work must be carried out in the UK, and project costs must be incurred in the UK.
Academics, universities, Research and Technology Organisations, and large companies can participate in Eurostars, but they must use funds from other sources or fund their own participation.
If you are a UK-based business, you can apply for funding to:
Eurostars applications have a two-step evaluation process:
Three independent experts first assess Eurostars applications. These experts are matched to applications by their technological expertise, familiarity with the market applications, and SME experience.
During part 2 of the evaluation, the Independent Evaluation Panel (IEP) will score and rank all eligible applications. A chairperson leads the IEP and includes internationally recognised experts in their field.
The IEP members cover a variety of professional sectors. They are chosen based on the technical requirements and profiles of the applications at the time.
Your application is more likely to succeed if it:
Project costs are only eligible if they are incurred and paid between the project start and end dates. Claims may be subject to an independent audit.
Step 1 of #
Is your business registered for Corporation Tax in the UK or are you a partnership with corporate owners?
Have you developed new or improved existing products, processes or services in the last 2 accounting periods?
Does your business have fewer than 500 staff, and either: A turnover of no more than €100 million; or Gross assets of no more than €86 million?
Sorry, you must be a UK limited company or be a Partnership with corporate owners to be eligible for R&D tax credits.
In order to qualify for R&D tax credits you must be seeking to advance science or technology within your industry. As you’ve not developed any new or improved any existing innovative tools, products or services, and not re-developed any existing products, processes or services in the last 2 years. It is unlikely you have any qualifying activity. If you’re unsure, email or call us and we’ll help clarify.
In order to claim R&D tax credits, you need to either employ staff or spend money on contractors, consumable items and other items. If you’re unsure, email or call us and we’ll help clarify.
Thanks for that!
Congrats!! Based on your previous answers, you will qualify for the SME scheme. If you’d like some help maximising and securing your claim, please email or call us.
Congrats!! Based on your previous answers, you will qualify for the RDEC scheme. If you’d like some help maximising and securing your claim, please email or call us.
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