A secure web platform, capable of integrating data from different kinds of sensory and connectivity technologies, can help businesses keep better track of their assets and personnel. The platform could lead to new operational efficiencies and cost savings.

But challenges bring with them opportunity. At Eureka, we’ve reinforced our commitment to supporting you, entrepreneurs, whose great innovations make a positive societal impact and strengthen our economies.

Offshore energy platforms take a pounding from waves, wind and rain, collisions and the harsh daily grind of operations. Digital Guardian, a new predictive modelling technology, has been designed to optimise these complex and costly assets in real-time. It analyses design, operations and maintenance to boost offshore energy platform efficiency, safety and longevity.

Why Eurostars is an essential component of Horizon Europe.

Insights

1. Horizon Europe emphasises the need to reinforce support to SMEs for the research and development of emerging and breakthrough innovations. There is a need for policies directly targeting SMEs and that aim to close the innovation gap in the European Union.
2. The Innovative SMEs Partnership delivers a unique 1:3 leverage cash effect on EU funds. The total leverage effect, including private and public funds, is 1:7.
3. The new strategy for the European Research Area (ERA) recommends member countries allocate a target of 5% R&D expenditure to international funding programmes[1].
4. The final allocation of funds from Horizon Europe to the Innovative SMEs Partnership should be proportionate to the budgetary situation of the Framework Programme.
5. Eureka considers an allocation of 300 M€ to the Innovative SMEs Partnership to be an optimal balance between diversity of European interests and sharing the burden of budget cuts, while ensuring the viability of a funding programme with a proven track record for creating jobs and growth.

By applying machine learning to optical character recognition (OCR) technology, a Eurostars project has significantly improved the digitisation of old newspapers and historic manuscripts. The solution could be a godsend for universities, libraries and museums keen to make important archived documents public, as well as legal services interested in digitising old contracts.