EUREKA is a publicly-funded, intergovernmental network, involving over 40 countries. 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 provides a platform for international Research, Development and Innovation cooperation and facilitates access to finance for companies involved in its projects. EUREKA uses a ‘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.
One of the main programmes run jointly between EUREKA and the European Commission is Eurostars, a funding and support programme to be specifically dedicated to research-performing SMEs. Eurostars stimulates them to lead international collaborative research and innovation projects by easing access to support and funding.