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Alberta Business Grants Ltd.

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Europe – Eurostars call for proposals

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Value

maximum funding possible is $500,000 CAD per eligible Canadian SME participant per project.

Description

Eurostars is the largest international funding program for small and medium-sized enterprises (SMEs) seeking to collaborate on research and development (R&D) projects that create innovative products, processes or services for commercialization. Eurostars is co-funded from the national budgets of 37 countries and by the European Union. Individual countries provide funding to participants based on their national funding rules and procedures.
Canadian SME participants in Eurostars projects receive advisory services and funding support through the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP).

Eligible Applicants

For a Canadian SME’s participation in a Eurostars project and to be eligible for NRC IRAP funding, it must:

  • meet the Eurostars rules and call criteria
  • be an incorporated, profit-oriented small or medium-sized business in Canada
  • have 500 or fewer full-time equivalent employees
  • have been in operation for a minimum of 12 months prior to the Eurostars call for application deadline
  • pursue growth and profit by developing and commercializing innovative, technology-driven new or improved products, services or processes in Canada
  • have a differentiated and protectable technology
  • have sufficient working capital and resources to undertake a multi-year R&D collaboration and commercialize the results
  • register with NRC IRAP (see Registration section below to register)
  • must be eligible for funding as NRC IRAP clients
    • Canadian SMEs that are not yet NRC IRAP clients or are uncertain must register at least 4 weeks before the Eurostars application deadline in order to review their eligibility for NRC IRAP funding with an NRC IRAP representative (see Registration section below to register).

Participating Canadian SMEs may not be eligible to receive NRC IRAP funding if they:

  • have previously received funding from NRC IRAP but did not make a substantial effort to leverage their R&D results, and/or
  • are currently receiving funding from NRC IRAP and have not yet exploited their R&D results.

NRC IRAP funding for an international project is typically restricted to Canadian SMEs that have at least 15 full time equivalent employees and at least $500,000 CAD in annual revenue.

Eligible Expenses

Financial support for project partners varies according to funding eligibility in their respective countries. In Canada, the maximum funding possible is $500,000 CAD per eligible Canadian SME participant per project.

NRC IRAP funding is only available for eligible Canadian SMEs. All other organizations need to secure alternative funding.

Deadline Date

NRC IRAP registration deadline (for firms who are not yet NRC IRAP clients): August 18, 2022; NRC IRAP registration deadline (for NRC IRAP clients): September 15, 2022; Eurostars application deadline: September 15, 2022 at 8:00am (EST); NRC IRAP funding proposal deadline: October 13, 2022

Contact

Contact Name: Eric Holdrinet, Canada's Eurostars National Project Coordinator (NPC)

E-mail Address: Eric.Holdrinet@cnrc-nrc.gc.ca

Website: https://nrc.canada.ca/en/irap/about/international/?action=view&id=117

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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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