Open source and govermental funding

I've been recently thinking should Midgard project after it's transformation to a fundation apply for some govermental (TEKES) funding or something else from EU level.

Currently Midgard is developed with normal work (testing and stomping mines) or with my spare time (weekend hacking sessions) from my part. But in the big picture lot's of developement is funded by companies that are really and only using Midgard for their living.

R&D costs are considerable and I think that there should be some funding programs that coming Midgard Foundation can apply financing from. Commercial products do it shouldn't we also?

List of projects funded by tekes (in finnish)