The Eurostars program is part of Eureka
The Eurostars program, presented by the European Commissioner for Science and Research, Janez Potocnik, plans to allocate around 800 million euros to promote investment in research and development in EU SMEs.
The commissioner stated in a press release that the program encourages the implementation of new technologies in SMEs, which represent 99% of all companies operating in Europe and generate more than 75 million jobs.
Of these 800 million, 100 will be provided by the European Commission, 300 by the 27 countries involved in the project (22 from the EU plus Iceland, Israel, Norway, Switzerland and Turkey) and the remaining 400 are expected to come from the private sector.
This project falls under the pan-European cooperation program Eureka, of which Spain has been a member since its inception in 1985 and which until now was responsible for financing the implementation of new technologies in SMEs.
The investment covers areas such as biotechnology, robotics, the environment, and information technologies.
Since Eureka's inception, €1.700 billion has been invested in 700 R&D programs, benefiting 2.760 organizations. Nearly half of these were SMEs, followed by 583 large companies, 491 research institutes, 435 universities, and 64 government institutions.
In Spain, 156,9 million euros have been invested in more than 150 innovation and development projects that are still not completed, which represents almost 9% of the programs funded in these 27 countries, at levels similar to Italy or Belgium and surpassing the United Kingdom, Austria or Israel.
However, France, Germany, and the Netherlands are developing a greater number of projects co-financed with these funds.
Of the more than 150 projects still in the development phase, the majority (128) are being developed by SMEs, while 45 are being carried out by research institutes and 13 by Spanish universities.
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