Eurostars, managed by EUREKA, is a major international SME program across Europe and beyond, funding new products and technology development. Eligible entities for R&D co-financing include SMEs, large companies, universities, and research institutes, although SMEs are prioritized in some countries. Projects require at least two partners from different participating nations. Successful applicants can receive €0.5 -1.5 million for technology development, with SMEs typically funded at rates of around 60%.