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While you are in the process of developing basic or applied research, you require funds to be invested in the project. Both European Commission and the US provide funding as grants, for part of the project costs, if the project meets the necessary technical and social objectives.
Since 1998, US and European companies and research organizations can be involved in joint projects, sharing the results. International research projects are not only an effective way to finance the development of innovative technologies; they are also a great opportunity to build profitable relationships overseas.
Specifically, ICG offers technical support to US companies and research organizations for international cooperation R&D Projects.
These R&D project building services can include, but are not limited to:
- Research and Identification of public/private funding and/or project opportunities, in the US or abroad
- Partner search for US-EU joint collaborative projects and consortium building
- Assistance in the preparation of complete R&D project proposals, including proposal writing
- Development of complete work plans, dissemination and exploitation plans, and project management
What are the benefits of being involved in a research project together with European companies and organizations?
- Sharing the ownership of the project results, together with major R&D organizations and companies in Europe. As partner of the project, you will undertake special agreements on the developed technology license, for example giving you exclusive marketing and/or license in the US market
- Developing a prototype of the technology, very close to commercialization. If you will participate in R&D project under the EC scheme, the final result could be a prototype of the technology, as the EC research programs are less pre-competitive than US ones. Therefore, a great competitive advantage could be obtained against your US competitors.
- Establishing partnerships with companies and organizations in Europe, which could generate new commercial opportunities. Being involved in joint research projects is a way to establish profitable partnerships with some of the major enterprises and research organizations in Europe and US.
Take a look at the International Funding Opportunities and our Partner Search services sections to learn more about the opportunities of collaborating with Europe in R&D.
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