About Eurostars
Eurostars focus on innovative SMEs and project partners (large companies, universities, research organisations etc.), which need public investment to realize innovative state of art new products, concepts or services.
Eurostars is the largest international programme for innovative SMEs in Europe and including 37 member states including countries outside of Europe such as South Korea, Israel, South Africa, Canada, Turkey and Singapore.
Eurostars is cofounded by EU and the participating member states and administrated by the EUREKA Secretariat.
EU’s call conditions
In Eurostars III international collaborative R&D and Innovation projects can receive public funding. At least 2 partners from two different Eurostars member states must participate in the project and at least 50% of the project must be conducted by the participating innovative SMEs.
The maximum duration of a Eurostars project is 36 months and the results of the project must be commercialized no later than 24 months after the conclusion of the project.
Funding
IFDs can co-fund up to €300.000 per Danish partner and a maximum of €500.000 to all Danish partners in an application.
Danish knowledge providers such as universities, GTS-institutes, public hospitals or other public entities participate in a project without a Danish SME will have their maximum funding rate reduced by 50%
Projects with a focus outside green transition and Health and Biotech, can as a maximum receive up to €50.000 regardless of the project size.
Financial requirements for Danish SMEs
- Danish participants must be registered as legal entities with economic and actually activities taking place in Denmark. The activities funded through Eurostars by IFD must be conducted in Denmark.
- Danish SMEs must have a turnover of at least 2 million Danish krone OR have obtained at least 500,000 Danish krone in equity or attracted the same amount in investments in the past financial year.
- Danish participants must document an ability to support their part of the project costs.
- Danish startups (companies existing for less than three years) must state their ability to fund their part of the project costs (not including funding received from other publicly-funded projects). Companies, which have existed for more than one year will be requested to present an audited annual account form the last full year.
- Innovation Fund Denmark does not have a requirement for Danish applicants to upload a financial annex to the application. IFD Denmark will draw on data from the Central Business Register. If needed however IDF Denmark might ask for further information in the process of the legal and financial viability check after call deadline.
- A SME must be an SME according to the EU definition for and it must not be “an undertaking in difficulty” according to EU’ state aid rules.
- Danish SMEs can only participate in one Eurostars project per call.
Topics and funding
IFD can only provide full funding to projects with a focus on:
- green transition, such as Energy technology, Agrofood technology, Agriculture and Marine resources and Environment. Projects within new material, transport and mobility, industrial manufacturing and digital technologies must have a clear objective of having a strong impact on the CO2 reduction or green transition agenda in order to receive full funding. Please refer to IFD’s paper on topics which can be funded here.
- Health and Biotech, including big data or other technologies supporting smart health solutions.
IFD co-finance salary, materials, travels, dissemination and to a limited extend subcontracting according to the standard funding rules for Grand Solution and international projects.
Projects with a focus outside green transition and Health and Biotech, can as a maximum receive up to €50.000 regardless of the project size.
After the Eurostars call deadline, each Danish participant will automatically receive a national e-grant file number and be asked to upload the full Eurostars application. The Eurostars application must be uploated on e-grant no later than 14 days after deadline the formal application.
Contact information
Cagdas Citirikkaya
+4561905013
Cagdas.citirikkaya@innofond.dk
Important information
General eligibility criteria and conditions for receiving project funding from Innovation Fund Denmark (IFD) will apply. Read about the Danish Rules and Guidelines for international projects.
Be sure to check out required documents for applications for the International programme here.
The global perspective is vital to a country like Denmark with an open economy, clear positions of strength, and a culture of international ties and trade. International collaboration is a key element in constantly developing and strenghtening Danish research and innovation.
Innovation Fund Denmark offers 4 entries to International Collaborations:
- The national Grand Solutions programme, where foreign partners can be invited to participate
- Strategic thematic programmes within Horizon 2020, Nordic cooperation, EUREKA and GlobalStars
- Eurostars for research intensive SME’s
- Bilateral cooperation with countries outside Europe