EUREKA

With the goal of increasing competitiveness in world markets, EUREKA brings together small and medium sized enterprises (SMEs), large companies, research centres, universities, and other innovators from EUREKA countries to work together on market-driven industrial R&D.

EUREKA has been operating successfully since 1985 supporting market-oriented R&D and innovation projects in all technology sectors. Initially a European intergovernmental network, EUREKA has expanded beyond Europe to include Israel, South Korea, and now Canada. To date, EUREKA has resulted in:

• 4,000 projects
• 10 billion euro in public funding
• 19 billion euro in private investment
• 93 billion euro of additional economic activity
• 378,000 jobs created or safeguarded

In addition to the European Commission, EUREKA has 40 member countries, including Israel. These members are now reaching out globally to enhance cooperation with countries outside Europe, such as Associated Country members South Korea and Canada.