EUROSTARS

Eurostars, a joint program with 36 participating countries, is part of the international Eureka cooperation and is managed by the Eureka Secretariat in Brussels. The project participants invariably come from at least two Eurostars countries. The evaluation of the applications is centralized and conducted following common criteria.

Consortiums may submit applications to the Eurostars program from any subject area. There are two cut-off dates annually, and all the applications submitted before each deadline are processed in one batch.

The leader of the project consortium files an application in the Eurostars system, and all the project participants fill in their own part. The project in its entirety is evaluated at Eurostars by independent international experts, based on the data submitted through the application.

An international evaluation panel, composed of experts from research and business, evaluates the applications and assigns a ranking to them.

FUNDING OF EUROSTARS PROJECTS

The funding is provided as aid under special Eurostars terms.

Innovative growth companies accepted by Business Finland are granted 50% aid in the case of SMEs, and 40% aid in the case of mid-cap companies with a turnover of less than EUR 300 million. For other R&D-performing organizations like large companies, the level of support is 40%, and the company-specific maximum aid is EUR 60,000.

The maximum duration of the projects is three years, and the results are expected to enter the market within two years of the project completion.

Eurostars