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To receive funding from Innobooster, your application must meet three equally weighted evaluation criteria: quality of the idea, impact, and quality of execution. This means the project must not only be innovative, but also create value for both the company and society — and be supported by a realistic plan and the right competencies.
Politically Defined Themes
Your Innobooster application must align with one of the following:
1. Green technology and innovation
2. Life science, health and welfare technology
3. Critical and digital technologies
4. Defense Technology
In addition, your project must demonstrate unique value, stand out from existing solutions, be based on strong initial results, and include demanding, knowledge-based development activities.
Eurostars supports innovative SMEs and project partners (large companies, universities, research organisations, etc.) by funding international collaborative R&D and innovation projects. However, to apply, you must fulfil 7 eligibility criteria + national criteria:
- Project led by an innovative SME from a Eurostars country
- Consortium is composed of at least two entities that are independent of one another
- Consortium is composed of entities from at least two Eurostars countries
- Budget of the SMEs from a Eurostars country is 50% or more of the total project cost
- No single participant or country is responsible for more than 70% of the budget of the project
- Duration is 36 months or less
- Exclusive focus on civil applications
Eurostars projects are evaluated based on their technological innovation, market potential, commercial impact, and consortium quality. The amount of Eurostars funding is managed by your national funding body and the funding rules vary from the participating countries. The grant per partner is around EUR 300-500k.
What We Do
Nordic Innovators is a strategic finance advisor for innovative and R&D projects at national and EU levels, specialising in grant, equity, and debt financing.
We provide support and advisory services for developing an optimal and tailormade strategy, selecting suitable financing, and implementing the strategy over time.
We can assist with scoping and building consortia, writing full proposals or doing reviews and quality control on your drafted proposal. We also offer project management services, i.e. finalising grant agreements and overseeing your project implementation of funded proposals.
All our experienced consultants have multiple PhD and MSC backgrounds and will be your trusted advisor and are experts in multiple areas and backgrounds to provide you with the best knowledge and support throughout your financing journey.
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