EUREKA is a leading open platform for international cooperation in innovation. It is present in over 40 countries and remains to this day the only initiative of its kind committed to the ‘bottom-up’ principle – ensuring that any R&D project with a good business plan receives the support it deserves, independent of its technological nature, or the type of organisations involved.
EUREKA’s aim is to enhance European competitiveness by fostering innovation-driven entrepreneurship in Europe, between small and large industry, research institutes and universities. EUREKA is constantly proving its value through a wealth of success stories – innovative products, processes and services that have been launched onto the market over the last 30 years, creating additional turnover and jobs for European companies, small and large – and by supporting the internationalization of businesses with innovative ideas.
The EUREKA network is a very influential supporter of European R&D that it is hard to imagine a time when it did not exist; after 30 years of innovation, it is worth reflecting on how far the organisation has come and the factors that led to its inception. Launch of EUREKA Initiative on 17 July. EU and 18 countries sign Hannover Declaration on 6 November. First 10 projects announced. In 1987, 58 projects are announced, EUREKA database is initiated.
The organisation’s primary objective is to raise the productivity and competitiveness of European businesses through technology. It also aims to boost national economies on the international market and to strengthen the basis for sustainable prosperity and employment in Europe.
– Bottom-up: Company selects the topic of the project according to the actual demand of the market
– Market-Oriented: Any marketable technology can be funded regardless of sectors/fields
– De-Centralized Funding: Funding comes from each participating country (Not from the EU)
– Wide Network: 43 participating countries in total (27 EU member states)
Types of EUREKA
Eureka individual projects aim at the development of new technological products and services. Altogether, those projects represent a total budget of 43 million euro and bring together the funding of 23 national innovation funding agencies from all over Europe, but also Turkey and South Korea. The international projects will involve a total of 56 small and medium-sized enterprises (SMEs), 11 large companies and 19 universities and research institutes are involved in the approved projects. The technologies developed cover various types of consumer markets, from trading to cars and brain surgery.
EUREKA individual projects aim at the development of new technological products and services and are developed through collaborations between companies and research organisations based in different European countries.
EUREKA Umbrellas are an association of at least five national thematic networks in a specific field of technology or service. Umbrellas are comprised of experts from science and industry as well as representatives of national funding institutions. They are set up to support and advise project consortia on developing project ideas through international partnerships in their given field of technology. Any group of companies and research organisations wishing to set up an umbrella can submit a proposition by filling out an official form to create an Umbrella. Read more below about the current EUREKA Umbrellas:
Initiated by European industry, EUREKA Clusters are long-term and strategically significant initiatives that develop technologies of key importance for European competitiveness. Addressing the needs of both large companies and SMEs, they are the engine for industrial innovation and economic growth. Clusters catalyse the generation of innovative, industry-driven, near to the market and pre-competitive R&D projects in their respective domains. Through their industrial representation, EUREKA Clusters have a prominent and active role to play in bringing innovation to the market. The Cluster instrument reflects synergies where European industry’s research and collaboration interests, innovation capacity – and national funding opportunities meet.
Eurostars has been running successfully since 2007. It is the first European funding and support programme to be specifically dedicated to support the niche market of research-performing SMEs in their innovative R&D projects. With its bottom-up approach, it stimulates international collaborative research and innovation projects that will be rapidly commercialised. Participation in a Eurostars project can become a passport to growth, further innovation, an opening to new global markets and even greater business success. Eurostars is a joint programme supporting R&D performing small and medium sized enterprises (SMEs). It is co-funded from the national budgets of 34 Eurostars countries and by the European Union through Horizon 2020. Participating countries earmark funds for their participants following national funding rules and procedures.
The Eurostars programme entered its final stage in 2013, with the organization of the tenth and last application submission deadline (known as ‘cut-off deadline’ or COD). The number of applications submitted reached its highest level yet, with 594 received – a 180% increase on the first COD in 2008. The central evaluation process proved efficient, with the evaluation and ranking process performed within 15 weeks. The number of projects funded also increased with a total of 170 projects from COD 9 and 10 receiving funding. The ‘virtual common pot’ performed at its best in 2013, thanks to the increased earmarked budgets of five Eurostars-participating countries and the provision of extra funds from nine countries. The overall performance of this mechanism was 67% higher than could be expected from a ‘real common pot’.
The reduction of time to contract was further consolidated. Many countries have made huge steps in reducing their time to contract, with the median dropping from 14 months in 2010 to only eight by 2013. The Eurostars programme received 3,548 applications over the 10 submission deadlines – four times higher than what was anticipated at the programme’s launch in 2007. 72% of applicants are R&D-performing small and medium enterprises and other SMEs – the core focus for the programme.
A budget of 472 million euros of public funding (an increase of nearly 20% on the initial budget) was mobilised for the 783 projects approved during the six years of the programme (cut-offs 1-10). The EUREKA Secretariat, which manages the EU contribution (or ‘top-up’) of 95.5 million euros, further developed its audit strategy and risk assessment policy towards the NFBs, as required by the EU Delegation agreement.
Eurostars 2 Outline
– Supporting innovative product development
– Driven by SMEs
– Fast track to market
– International cooperation
South Korea & Eurostars 2
– In 2009, South Korea becomes an associated country of EUREKA
– South Korea is the first non-European country that became associated country of EUREKA