Imagine a global club that helps small, tech-savvy companies find partners and money to grow. Instead of fighting alone, these businesses team up across borders to build new products. It's like a matchmaking service that connects a great idea with the funding and international markets needed to make it a success.
Innovative SMEs often struggle to access international cooperation, enter foreign markets, and secure the necessary funding to scale their R&D.
A coordination mechanism comprising two funding instruments: Eurostars-3 for collaborative R&D and Innowwide for market access.
If you are an eco-innovation SME dealing with high costs of entering foreign markets — this project developed the Innowwide instrument that helps you reach new value chains. It connects you to 37 countries to scale your environmental solutions.
If you are a robotics startup dealing with a lack of international R&D partners — this project developed the Eurostars-3 instrument that funds collaborative projects. It allows you to lead a consortium of at least 2 independent entities from different countries.
If you are a MedTech SME dealing with limited access to innovation finance — this project developed a network of 41 funding authorities. This provides a direct path to secure the capital needed to bring your medical device to market.
Based on available project data, specific costs are not listed, but the program provides funding through national and regional authorities to support SME innovation.
Yes, the mission is to support SMEs in developing products and services and bringing them to the market through market-led international collaborative projects.
Based on available project data, specific IP and licensing terms are not detailed, though it focuses on collaborative R&D&I projects between independent entities.
The partnership organizes two joint transnational calls per year for Eurostars-3 and one call per year for Innowwide.
The Innowwide instrument specifically provides measures to strengthen the ability of SMEs to access foreign markets.
The consortium is a massive administrative and financial powerhouse consisting of 48 partners across 37 countries. It is dominated by 'Other' entities (41 partners), which are primarily national and regional funding agencies, meaning the project is designed for high-level policy and financial coordination rather than direct lab research. With a 2% industry ratio, the focus is clearly on providing the financial infrastructure for SMEs rather than acting as a commercial entity itself.
Contact the Eureka Association in Brussels
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