Singapore companies can now receive support in the facilitation of and funding for joint innovation projects with companies from 14 EUREKA countries.
Singapore, Austria, Belgium, Canada, Estonia, Hungary, the Netherlands, Poland, South Africa, South Korea, Spain, Switzerland, Turkey, the UK, and Ukraine have announced a joint call for innovation projects to support cross-border collaboration on technology development, through which our companies can further develop their innovation capabilities and accelerate their internationalisation efforts.
This call is open to all sectors, and projects should result in a new market-ready product or solution. Project consortiums must include at least one company from Singapore, and one entity from any one of the EUREKA 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. 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.