EUREKA Eurostars is a European programme for SMEs that supports and funds international collaborative research and development projects.
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, fund 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 euro 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, make sure that your project or activity is eligible for the competition you’re entering, as each competition has different criteria.
Also make sure 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.
“Myriad worked with us to make our Innovate UK application much more specific in terms of what the main selling point was and making it stand out from the crowd. As a result, we won £499,725 of funding from Innovate UK.”
Practice Manager, Trilateral Research Ltd
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 right 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 depend 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.
Myriad Associates 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 €130m for our clients in the last 12 months, with another €30m due by the end of 2022. 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 Associates
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 that your application will need to 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:
Eurostars applications are first assessed by three independent experts. These experts are matched to applications by their technological expertise, familiarity with the market applications, and SME experience.
During part 2 of evaluation, the Independent Evaluation Panel (IEP) will score and rank all eligible applications. The IEP is led by a chairperson 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 date and project end date. 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.
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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.Speak to an expert Back