South Korea - Denmark:
Promotional Joint Call for Eurostars Projects
South Korea and Denmark actively participating in Eurostars2 jointly announce a Promotional Call for Project Ideas within the Eurostars2 programme. It is to facilitate innovation and technology development both in South Korea and Denmark. The call focuses on developing innovative products, applications and services with a strong market potential. Although Eurostars2 calls are open for projects within all technology areas, this South Korea - Denmark promotional call specially focuses on:
1. ICT: Internet of Things; AI & Robotics; Augmented & Virtual Reality; Cyber Security
2. Industry 4.0 technology: Semiconductors; Display; Memory
3. Materials and production technology
4. Smart transportation and infrastructure
5. Clean Energy Technology
● Opening of the Call: The 23rd of May 2018
● Brokerage Event: EUREKA days 22nd-23rd May 2018 in Helsinki
● Eurostars2 call deadline: The 13th of September 2018, 20:00 CET
Eurostars 2 Eligibility criteria
Applicants will be invited to present proposals according to the Eurostars criteria:
● The main applicant (the co-ordinator of the project) is a R&D performing SME.
● The consortium includes at least one Korean and one Danish organization.
● The lead organization of the consortium must be an R&D performing SME and Mid-tier company on the Korean side while the equivalent must be an R&D performing SME on the Danish side. Other SMEs, large enterprises and research institutes/universities are welcome to participate as additional participants or subcontractors.
● At least 50% (excluding subcontracting costs) of the project must be performed by the participating R&D performing SME(s)
● Industrial and innovation actors from other countries may also participate, as long as they are funded through their own national (Eurostars) schemes or participate with own resources.
● The project demonstrates the contribution of the participants from both countries on an equal base, and the project is equally significant to all participants. One country cannot represent more than 75% of the project budget.
Submission and approval procedures
In order to submit the full application, you must register on the Eurostars website here, and upload your proposal directly in the Eurostars application platform according to the joint Eurostars guidelines (www.eurostars-eureka.eu/home/guidelines) before 13th September
However, in order to check the eligibility of your project and assist you with improving your application, we advise you to share a short description of your application with the Eurostars contact person in KIAT and Innovation Fund Denmark.
In case of Danish participants it is also recommended to apply for EUupSTART preproject funding. Next call deadlines 22nd May and 8th October. You can find more information about the programme here.
It is recommended to use the European Enterprise Network (EEN) for partner search. You can find information on EEN Denmark here and EEN Korea here.
We are keen to facilitate collaboration between SMEs in the Republic of Korea and the Denmark, but there is no specific budget dedicated to this. The funding comes from the respective national budgets for Eurostars. Full proposals submitted will compete against any other proposal submitted within the Eurostars programme.
Both Korea and the Denmark will fund its eligible participants within the Eurostars framework, which means that funding conditions and eligibility criteria may vary.
Main aspects of the funding criteria:
Project funding is comprised of government contributions and civilian dues (cash and in-kind). The amount of government contributions will vary depending on the type of executing organizations and project in accordance with Article 24 (Funding criteria) and Article 25 (Civilian dues) of the Common Operational Regulations for the Industrial Technology Innovation Programs. (see: www.k-pass.kr)
A party that participates in a project shall carry out its project using the government contributions allocated to it, and for-profit organizations shall individual bear the cash portion of civilian dues
|Classification||Share of government contributions in executing organization’s project budget||Share of cash in executing organization’s civilian dues|
|Large company||33% or less||60 or more|
|Mid-tier company||50% or less||50 or more|
|SME||67% or less||40 or more|
|Other||100% or less||To be borne if necessary|
The maximum grant budget is €300,000 per DKproject partner and up to €500.000 to all partners if more than one Danish partner participates in the project. Maximum funding for one Danish partner is €300.000. Guidelines for The general maximum investment rates incl. EU’ co-funding is indicated in the table below.
The global maximum for IFD investment to cooperation projects is 75% of the total project costs. In international projects the total costs are calculated on basis of the total project costs including the foreign partner’s contribution. IFDs funding rate is calculated excl. possible EU co-funding.
Optional: As an alternative to the above public investment under the GBER, Danish SMEs can choose to be financed according to The European Commission’s de minimis regulation no. 1407/2013.
If the de minimis regulation is applied, the maximum investment for the SME in a three year period is 200.000€ (app. DKK 1.5 mil). Under the de minimis regulation salary is calculated on the basis of a fixed hourly rate of DKK 750 (app. 100€) per hour including overhead. Other costs are calculated as actual costs without overhead. IFD’s funding rates for de minimis is 60% for SME’s of the calculated cost for basis and industrial research and 33% for SME’s for experimental research activities.
For more details read General terms and Conditions for International Projects approved here.
● Korea Institute for Advancement of Technology (KIAT)
National Eurostars Contact:
Ms. Eunyoung Kim: +82 2 6009 3201, E-mail: email@example.com
Mr. Yongsang Jo: +82 2 6009 3184, E-mail: firstname.lastname@example.org
● Innovation Fund Denmark (IFD)
National Eurostars Contact:
Mr. Nicolai Lima Pedersen: +45 51905061, E-mail: email@example.com
Mr. Jens Peter Vittrup: +45 51905023, E-mail firstname.lastname@example.org
● Innovation Centre Denmark Seoul, South Korea
Research and Innovation Counsellor:
Mr. Eske Bo Rosenberg, +82 2 795 4187 (Ext: 410)/ Mobile +82 10 2824 4187