Singapore companies can now receive support in the facilitation of and funding for joint innovation projects with companies from seven participating EUREKA member countries.
Singapore, Belgium, the Czech Republic, Denmark, the Netherlands, Spain, Turkey, and the UK have announced a joint call for projects through EUREKA GlobalStars – a multilateral initiative to enhance access to funding for research and development (R&D) of innovative products and applications with strong market potential.
We are looking for proposals on joint innovation projects from any sector, with a focus on medical technology, smart mobility & logistics, and advanced manufacturing. Projects should result in a new product, industrial process or service; be innovative; and involve a technological risk. Projects must be coordinated by an international consortium comprising at least two partners: one company from Singapore, and one company from one of the EUREKA member countries participating in the call.
EUREKA is an intergovernmental network launched in 1985. It aims to support market-oriented R&D and innovation projects by industry, research centres and universities across all technological sectors. It is composed of 41 member states, including the European Union (represented by the European Commission), three associated states (Canada, Chile, South Africa), and one partner country (South Korea).
Project partners forming the consortium must cooperate on an R&D project that will result in a new product, industrial process or service, with the project duration not exceeding three years. The product, process or service must be innovative, and involve a technological risk. No individual organisation or individual country can claim more than 70% of the total eligible costs of a joint project.
All Singapore companies must meet the eligibility criteria for the Enterprise Development Grant (EDG) in order to apply.