The Eurostars Program is an international funding initiative that supports research and development (R&D) collaboration between innovative small and medium-sized enterprises (SMEs) and their partners across Europe and other participating countries. In Canada, the program is delivered by NRC IRAP, which provides financial support and advisory services to eligible Canadian SMEs participating in Eurostars-approved projects. Eurostars is co-funded by EUREKA member countries and the European Union's Horizon Europe program. It is designed specifically for R&D-performing SMEs, enabling them to join forces with international partners to co-develop market-driven technologies with high commercial potential. Projects must be led by an SME and involve at least one partner from another Eurostars country. While large enterprises, research organizations, and universities can participate as additional partners, funding eligibility in Canada is limited to SMEs. All projects must be civilian in nature, industry-led, and aimed at commercialization within 2 years of project completion. Typical projects focus on developing prototypes, software, medical technologies, clean technologies, or advanced manufacturing solutions. Canadian participants receive funding directly from NRC IRAP after project approval by the Eurostars Joint Secretariat. To apply, Canadian SMEs must work with their international partners to co-develop a proposal through the Eurostars portal. Once approved, NRC IRAP evaluates the Canadian portion for potential funding support. This dual approval process ensures that the project aligns both with international standards and domestic innovation priorities.
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