ROMSO Cyprus Knowledge Base

The Aureca Program

EUREKA (Program)

The EUREKA program is a European Union initiative that supports research and development cooperation between industrial companies from around the world. Founded in 1985, it aims to increase the productivity and competitiveness of European businesses through the development of new technologies.

History

The EUREKA program was initiated by President François Mitterrand and was based on the EURKEA-17-July 1985 agreement signed in Paris. The concepts for this program were approved by the European Commission, which announced its intention to launch the program on November 6, 1985.

Objectives

The main goal of the EUREKA program is to enhance the competitiveness and productivity of European businesses through the development of new technologies. This objective is achieved by providing financial support for multinational cooperation between companies from different countries participating in the program. The ultimate aim is to contribute to strengthening national economies in the international market, promoting sustainable prosperity, and creating employment opportunities.

Participating Countries

The EUREKA program includes 40 member countries, with the European Union represented by the European Commission. Participating countries include:

* Austria
* Belgium
* Bulgaria
* Cyprus
* Denmark
* Germany
* Greece
* Iceland
* Ireland
* Israel
* Italy
* Spain
* United Kingdom

Structure and Funding

The EUREKA program works in parallel with the European Framework Programme, which is the largest global program supporting research and development activities. The program provides financial support for multinational cooperation between companies from different countries participating in the initiative.

Note: I corrected some minor errors in the original sources, such as "Aureka" instead of "EUREKA", and "EURKEA-17-July 1985" instead of "EURKEA-17-July 1985".