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During the meeting of the 41 members of the EUREKA Network last week, 31 new EUREKA individual projects have been approved by the representatives of the national innovation funding agencies taking part in the initiative.
'EUREKA INDIVIDUAL PROJECTS AIM AT THE DEVELOPMENT OF NEW TECHNOLOGICAL PRODUCTS AND SERVICES.'
All together, those projects represent a total budget of 43 million euro and bring together the funding of 23 national innovation funding agencies from all over Europe, but also Turkey and South Korea. The international projects will involve a total of 56 small and medium-sized enterprises (SMEs), 11 large companies and 19 universities and research institutes are involved in the approved projects. The technologies developed cover various types of consumer markets, from trading to cars and brain surgery.
EUREKA individual projects aim at the development of new technological products and services and are developed through collaborations between companies and research organisations based in different European countries.