What is STAREBEI?
The STAREBEI (STAges de REcherche BEI-EIB research internships) programme provides grants to universities in order to finance junior researchers carrying out research projects proposed by the EIB Group (EIB and EIF) under the joint supervision of a university tutor and an EIB co-tutor. The programme provides a rich experience for young researchers and the research projects contribute to the know-how of both the EIB Group and academia. The programme is open to any university located in EU, Candidate and Potential Candidate Countries providing doctorate degrees in line with the Bologna Process. The grant must be channelled through the university. The length of the project varies between six months and one year. The period is defined on a case-by-case basis in order to fulfil both the needs of the researcher and the requirements of the project. The project should involve some presence of the researcher at the Bank’s premises.
How to apply?
Applications for the STAREBEI grant can be submitted throughout the year. Most research proposals originate from within the EIB in collaboration with a university professor or senior researcher (the university tutor). It is also possible for university researchers to suggest initial proposals on topics of interest for the EIB. In such a case, the EIB Institute will look for an EIB employee willing to act as a tutor if the proposal is awarded a STAREBEI grant. If an EIB co-tutor is identified s/he will prepare the final application together with the researcher. Applications will only be accepted for evaluation if they are supported both by a university tutor and an EIB co-tutor. The EIB co-tutor submits the final application to the EIB Institute and will be the contact person for relations with the university.
The application should contain the following:
– research proposal
– working plan including expected deliverables
– CV of the researcher
– a commitment by the prospective university tutor, who should also include his/her CV and a letter of commitment, and
– a motivation letter from the EIB tutor and his/her expectations from the project. The proposal should be made for a duration of six months to one year. The project should represent a full-time job for the junior researcher.
Who is eligible ?
The STAREBEI programme is open to any university located in the EU or Candidate and Potential Candidate Countries providing doctorate degrees recognised under the Bologna Process. The junior researcher will be working under the joint supervision of a university tutor and an EIB co-tutor. The university tutor should be a professor or a senior researcher of the sponsored university with recognised expertise in the field of the STAREBEI research topic. S/he will guide the research process, alongside the EIB co-tutor, and supervise the work of the researcher at the university premises. S/he will also take care of the administrative follow-up from the university side, ensuring that required procedures are properly carried out. The junior researcher will work full-time for the STAREBEI research project during the period of the grant, mostly in the facilities provided by the university, but should be prepared to spend some time at the EIB’s premises in Luxembourg working with the EIB co-tutor.
How does the selection process work?
The selection process is a two-step process beginning with an evaluation of the applications by the Experts Committee, consisting of EIB experts from different departments of the Bank. The different aspects evaluated are: the quality of the proposal, the quality of the team, the impact of the proposed activity on the EIB. If the Experts Committee considers that some modifications to the original proposal are necessary, the EIB Institute will discuss the matter with the EIB co-tutor in order to improve the proposal, which is then presented anew to the Experts. The Experts Committee prepares a recommendation about the proposal for the Knowledge Committee, composed of senior managers representing the various parts of the EIB Group. The EIB Institute will communicate the decision of the Knowledge Committee to the EIB co-tutor who will inform the other members of the research team.
What expenses can be covered?
The STAREBEI grant is formalised through a contract between the EIB and the beneficiary university, responsible for its STAREBEI researcher. The university will receive all EIB payments and is responsible for timely delivery of the junior researcher’s monthly salary allowance.The amount granted to the university will cover a monthly allowance for the researcher, plus administrative and travel expenditure. The monthly allowance should be limited to the equivalent of the gross salary of a full-time junior researcher at the same university (up to a maximum of EUR 2 200). A researcher receiving financial assistance from the university or from other research sponsors shall only be entitled to a financial contribution from the EIB to bring his/her income up to the amount of the allowance.
The university may request payment for administrative expenses for the contract up to 20% of the total allowances.
Travel expenditures of the researcher and his/her university tutor as well as expenses directly linked to the research must be specified in the proposal and approved by the EIB co-tutor and the EIB Institute in order to be covered by the STAREBEI grant.
After the signature of the contract a down payment of up to 25% of the total amount of the grant is made. It will act as a rolling fund to support the expenditures incurred whilst waiting for the next disbursements.
Following the initial payment, disbursements will be executed when the EIB Institute receives a proper bill specifying the expenditures incurred and their justifications during a billing period of approximately three months.
What are the reporting requirements?
The main research product of a STAREBEI project should ideally be a thesis and/or research paper, preferably publishable in a recognised scientific publication. At the end of the research project, the EIB co-tutor compiles a final report on the outcomes and activities of the project. The final report should also include a research report by the researcher explaining the work carried out and short evaluation reports by the two STAREBEI tutors.The university should have on its website a page on the STAREBEI-supported research activity. The results of the project should be in the public domain and adequately disseminated to produce maximum benefit to the scientific and professional communities.The researcher is expected to present the STAREBEI project in the annual meeting organised at the EIB in Luxembourg. The EIB co-tutor is responsible for reporting to the EIB Institute on the activities and progress of the project during the research period.
– The European Investment Bank and the “Mezzogiorno” in the context of regional development (1958-1973), European University Institute, Florence
– Financial integration, investment and risk sharing – a granular perspective and Understanding Financial Constraints in the MENA Region, Paris School of Economics.
– Do IFIs make a difference? The impact of EIB lending support for SMEs in Central and Eastern Europe during the global financial crisis, Frankfurt School of Finance & Management.
– EU Financing Policy in the Social Infrastructure Sectors: Implications for the EIB’s sector and lending policy, SDA Bocconi School of Management.
– Impact of preventive maintenance on flexible pavement service life, Fundacion de la Ingeneria Civil de Galicia A Coruna. Click here for a presentation.
– Discouraged borrowers in the MENA area, Paris School of Economics- Université Paris 1 Panthéon-Sorbonne.