Project and Consortia characteristics:
- PENTA supports projects that can be set up quickly and implemented in a manner that matches the specific needs of the project objectives and the participants.
- Focusing on small, faster and flexible projects, PENTA provides an opportunity to quickly take advantage of rapidly developing markets and their related value chains.
- PENTA support projects with the optimum, not the maximum, number of partners to achieve the defined goal in the most effective time frame, including non-European expertise when necessary.
- In all projects, partners from a minimum number of two countries covering at least an essential section of the total value chain are required. One country must be a EUREKA Member Country and another one either a EUREKA Member Country or a EUREKA Associated Country.
- Project consortia can be composed of representatives from large industry, small and medium-sized enterprises (SMEs), research institutes, universities and user organisations (profit or non-profit).
- PENTA projects are industry driven, technically innovative and business oriented.
Two-stage Call process:
- Producing a Project Outline (PO):
The PO gives a short overview of a project, mainly to describe the project goals, innovation, targeted business impact and consortium. Project Outlines which are positively evaluated are invited for the second stage;
- Producing a Full Project Proposal (FPP):
The FPP describes the project plan and how the project will be executed and managed. Approved FPPs will receive the PENTA label.
National Public Authorities are fully involved in the evaluation and labelling of projects. After labelling (or earlier dependent on national procedures), partners can apply for funding through their National Public Authorities. The PENTA label is endorsed by all EUREKA Member Countries.