The EU Partnership on Innovative SMEs / Eurostars funding information for Iceland

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The EU Partnership on Innovative SMEs / Eurostars funding information in Iceland

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Icelandic funding body, Ministry of Industry and Commerce through the Icelandic Centre for Research (Rannìs), funds R&D costs for SMEs participating in our EU Partnership on Innovative SMEs / Eurostars programme.  

As an Icelandic small company, you could receive up to 80% of project costs in grants for industrial research OR up to 60% of project costs in grants for experimental development.  

As an Icelandic medium-sized company, you could receive up to 75% of project costs in grants for industrial research OR up to 50% of project costs in grants for experimental development.  

The maximum funding amount is a grant of approximately 360,000 euro per project. 

Read more.  

Icelandic funding body, Ministry of Industry and Commerce through the Icelandic Centre for Research (Rannìs), does not fund R&D costs for large companies participating in our EU Partnership on Innovative SMEs / Eurostars programme.  

Participation is possible but large companies need to self-fund their participation

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Icelandic funding body, Ministry of Industry and Commerce through the Icelandic Centre for Research (Rannìs), funds R&D costs for large companies participating in our EU Partnership on Innovative SMEs / Eurostars programme.  

Rannìs covers up to 80% of project costs in grants per project. 

The maximum funding amount is a grant of approximately 360,000 euro per project. 

Read more

While we try to keep this page up to date, funding information stated here is indicative and must be confirmed with your national funding body.

Contact your national funding body