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The EURIPIDES label confers an objective seal of excellence on a project. EURIPIDES being a EUREKA cluster, participants may feature both the EURIPIDES and EUREKA labels.
This label greatly helps participants in the process of negotiating funding with public authorities. In some countries, EURIPIDES labelled projects benefit from preferential treatment in accessing specifically earmarked funds.
All partners involved in a EURIPIDES project and especially SMEs, and academia gain in visibility and credibility worldwide. The label gives SMEs a competitive edge in their dealings with financial, technical and commercial partners.