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New Eureka Eurostars Grant Available

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New 360,000 Grant Available For UK SMEs

This competition is aimed at micro, small or medium sized enterprises (SMEs) working on high-quality research and development (R&D) projects across national borders. This competition opened last week and Eurostars will award up to 360,000 euros funding for each UK project partner or 60% of eligible project costs, whichever is the least.

Eurostars supports SMEs in leading international collaborative research and innovation projects by helping them get access to guidance and funding. A Eurostars project must have a civilian purpose and be aimed at the development of a new product, process or service.

The competition closes at 12pm on 3rd September.  It typically takes around 40 to 60 hours to prepare an award winning application, and we recommend you do this over a 3 to 4 week period.

Please get in touch if you'd like to know whether your project would likely qualify for this grant or would like any assistance in preparing the application.

Who can apply?

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)
  • charities
  • large companies

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

You must follow the Eurostars eligibility criteria and the Innovate UK criteria detailed in this competition at the application deadline and throughout your project:

  1. UK SMEs can only take part in one Eurostars project at a time.
  2. If any UK partner has an existing project, it must declare that all project deliverables are met. You cannot apply for new Eurostars projects until your previous projects have been completed.
  3. UK partners must be separate, non-linked legal entities.
  4. UK partners must have been trading for 12 months at the competition application deadline.
  5. All work must be carried out in the UK and your project costs must be incurred in the UK.
  6. UK subcontracting is capped at 20% of the UK partners’ total eligible costs.
  7. UK-led projects must be managed by a research and development (R&D) performing SME. You cannot subcontract project management.
  8. Your labour costs must be on a pay as you earn (PAYE) basis, following the PAYE rules below.

Proposals:

Eurostars is a European funding programme dedicated to supporting R&D performing SMEs in innovative R&D projects.

It has a market-driven approach, which gives companies full control over project content. It also supports collaborative research and innovation projects that can go to market 2 years after the project finishes.

You can apply for Eurostars funding for any sector or industry. It can address any technological area but must be aimed at the development of a new product, process or service.

Your project must have a civilian purpose. It cannot have a military purpose.

Project dates:

  • 27 July 2020 - Competition opens
  • 3 September 2020 12:00pm - Competition closes
  • 3 September 2020 12:00pm - Registration closes

Interested in applying? Get in touch to learn how Myriad Associates can help:

  • Win Rate - Myriad Associates’ boast a strong success rate with Innovate UK applications. 
  • Proven templates & tools for success - Our templates make it easy to collaborate & prepare a winning bid.
  • Honest & Trustworthy – We will not waste your time or money. If we feel your application won't succeed, we will tell you before we undertake the application process.
  • Highly rated UK & European bid writers - We have a highly experienced team of bid writers with proven UK & European success. So far in 2019/20, we've secured over €44m in grant funding for our clients.
  • Unlimited revisions - Our grant writers provide feedback on both successful and unsuccessful grant applications. We review this feedback with you to give you ongoing advice and guidance.
  • Risk-free Eligibility Call – Call us for a free eligibility call to see if you have an application worth applying for.

Click here to discuss your application with one of our expert grant bid writers or visit Innovate UK to find out more.

Where do I find more information?

For more information on this grant, please visit: https://apply-for-innovation-funding.service.gov.uk/competition/688/overview

Alternatively, contact us if you'd like to know whether your project would likely qualify for this grant.


Get in touch

Please contact us to discuss how working with Myriad Associates can maximise and secure R&D funding opportunities for your business.

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