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New large-scale European programme for SMEs

The Eurostars programme is designed to meet the needs of businesses for R&D funding and transnational collaboration, while at the same time promoting increased employment. The new programme is the second in the Eurostars series.

The programme is administered under the EUREKA intergovernmental network for market-oriented R&D and innovation projects, where Norway currently holds the chairmanship.

Major budget increase

Eurostars 2 is supported by 33 countries, within and outside the EU. The programme is being launched in parallel with the EU Horizon 2020 framework programme and will have the same duration. The new budget of EUR 1 150 million marks a substantial increase over the EUR 400 million budgeted for the previous programme period. The EU will contribute up to EUR 297 million of the new budget, and the rest will be provided by the participant countries themselves.

 

To read more, please visit The Research Council of Norway's website.

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