Main objectives of the call:

A market feasibility project includes

• preliminary technical, market, legal and/or socioeconomic assessments
• intended to validate the feasibility of your international and innovative business solution:
  • product-,
  • process- or
  • service-market combination
• within new and emerging global value chains.

This call for projects is bottom-up; you decide the focus of your project.

Duration: 6 months

Your market feasibility project must:

• Have a target country (a pilot market) where you intend to develop and validate your innovative business solution in collaboration with local counterparts. You should consider, where appropriate, frugal innovation.
• Be led by an innovative SME from a European Union Member State or Iceland, Israel, Norway, Türkiye or United Kingdom.
• Have one local partner (e.g., a supplier, customer, end user, research provider or complementary technology developer) in the selected target country, as main subcontractor for the market feasibility project.
• The expected outcome must have
  • a high impact in the target country (pilot market).
  • Feature product- (or process-, or service-) market development.
  • Include a variety of activities to identify and assess key local technical and market framework conditions in the target country that may favour or impede the effective deployment of your innovation.

Funding information

• 60,000 euro per project.
• Financial support rate is up to 70%
• Projects pre-financing of 70%
• eligible costs:
  • personnel,
  • subcontracting,
  • purchasing costs – travel and subsistence,
  • equipment depreciation,
  • other goods, works and services; and
  • indirect costs (automatically calculated on the basis of a 25% flat-rate of the total direct eligible costs, excluding subcontracting)

Applying information:

Submission steps:

• Register on https://eureka.smartsimple.ie/.
• Complete the application form in English.