Type | intergovernmental organisation |
---|---|
Focus | Market R&D support, innovation policy, science & technology |
Location | |
Area served
|
Greater Europe |
Members
|
41 Members, 3 Associated Members |
Key people
|
Per Tervahauta (Head of the EUREKA Secretariat) |
Website | www |
Per Tervahauta
(Chair of the EUREKA Network)
EUREKA, often abbreviated as E!, or Σ! (from the ancient Greek way to write "E" and unrelated to modern "Sigma") is an intergovernmental organisation for pan-European research and development funding and coordination. EUREKA aims to coordinate efforts of governments, research institutes and commercial companies concerning innovation. It does not partake in military research and follows a "bottom-up" approach to R&D funding, industry itself deciding which projects should be developed.
As of October 2014, EUREKA has 41 full members, including the European Union (represented by the European Commission). All 28 EU Member States are also members of EUREKA.
EUREKA is not an EU research program, but rather an intergovernmental organisation, of which the EU is a member. Cooperation and synergy are sought between EUREKA and the research activities of the EU proper, notably with European Union's Horizon 2020 and the European Research Area.
The organisation's primary objective is to raise the productivity and competitiveness of European businesses through technology. It also aims to boost national economies on the international market and to strengthen the basis for sustainable prosperity and employment in Europe.
Founded in 1985 by major figures of the European political scene, EUREKA's steady growth over the years has helped to make it one of the longest running European organisations dedicated to the financing of joint European R&D projects. EUREKA is loosely affiliated with COST, its non-competitive research counterpart, although the two focus on different aspects of R&D with COST's efforts geared towards more socially focused areas of public interest while EUREKA's mandate is to provide funding for projects envisaged, developed, and executed by private industry.