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EUREKA NEWS

Universities and research institutes key partners for Eurostars SMEs

date of publication > 02-November-2012

 

A new analysis of the composition of research partnerships fostered by the European funding programme Eurostars brings to light the key role of universities and research institutes in supporting small businesses creating innovative products and services. About 42% of consortia formed between companies and other organisations involved in a Eurostars project are bringing Small and Medium-sized Enterprises (SMEs) together with a university or a research institute, generally coming from a country where one of the SME partnered is already based. Following closely are collaborations involving only SMEs, representing 36% of all Eurostars consortia.
 
Universities and research institutes play an important role in research projects, by providing their capabilities in Research and Development (R&D) to the small businesses which are unable to dedicate important parts of their resources to the development of innovative technologies. Business-minded small companies on their side, act as a bridge between new technologies and end users, and support research institutions in better understanding targeting consumer markets.
 
The Eurostars Programme is the first European funding programme to be specifically dedicated to small businesses in high-tech. Each Eurostars project must involve at least one SME dedicating part of its money and time to R&D, and one or more research partners from another European country taking part in the funding programme.