# Decision No 553/2014/EU of the European Parliament and of the Council of 15 May 2014 on the participation of the Union in a Research and Development Programme jointly undertaken by several Member States aimed at supporting research and development performing small and medium-sized enterprises (Text with EEA relevance), Article 3: Objectives

Extent: E+W+S+N.I.

Eurostars-2 shall pursue the following objectives:
(1) promote research activities that comply with the following conditions:
(a) the activities are carried out by transnational collaboration of research- and development performing SMEs among themselves or including other actors of the innovation chain (e.g. universities, research organisations);
(b) results of activities are expected to be introduced into the market within two years of the completion of an activity;
(2) increase the accessibility, efficiency and efficacy of public funding for SMEs in Europe by aligning, harmonising and synchronising the national funding mechanisms of Participating States;
(3) promote and increase the participation of SMEs without previous experience in transnational research.

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Source: https://www.legislation.gov.uk/eudn/2014/553/article/3 (the official version)
Page: https://openlegislation.uk/eu-decision-2014-553/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.