The Nanoktn Supports European Funding for Technology Smes

The Nanotechnology Knowledge Transfer Network (NanoKTN), announced support for Eurostars, a funding programme to stimulat development in new products, processes and services by SMEs. The funding, with a project limit of €350,000 is open to emerging technology SMEs with partnerships across two Eurostars participating countries and a commitment to research and development. The Eurostars Programme addresses a niche market of research and innovation-performing businesses that have at least 10% of their turnover or staff dedicated to R&D. To apply, businesses must be defined as an SME, with a partnership spanning

across at least two Eurostars’ participating countries.

The consortium should be well balanced; with no participant or country expected to invest more than 75% of the projects total cost. To be considered an SME focused project, at least 50% of the core activity should be carried out by SMEs and must be defined as a market-driven project with a maximum duration of three years. The next closing date for applications is 25th February 2010.