Insights

Nokia has been selected to lead PROACTIF, a project funded by the European Union’s Chips Joint Undertaking. The project aims to strengthen Europe’s technology resilience and leadership in ECS technologies and support the autonomy of the European Drone and Robotics industry. Spinverse provided the PROACTIF consortium with project proposal services at the project development phase and will support the PROACTIF project consortium in the project’s day-to-day management.

In recent years, cultural sectors across Europe have faced significant financial challenges. With the local funding drying up, the need for the sector to explore alternative sources of support, for example from the EU funding, has become more pressing. Here are some insights into the impact of funding cuts in Finland, Sweden and Germany, and into the potential of role of the EU in supporting cultural initiatives. Spinverse can provide advisory services to identify funding instruments for the culture sector. 

In May, we are welcoming yet another group of skilled professionals at Spinverse. Our new colleagues will strengthen the numbers and bring their expertise in our People and Culture team, defence, health technologies, industrial investments and bioeconomy. Warm welcome to Erika, Elina, Aarti, Olli and Mila!

At Spinverse, our Innovation Project Services (IPS) team plays a key role in supporting EU-funded consortium projects. To shed light on this essential service, we spoke with Malin Tverin, one of our experienced project managers, about her role, responsibilities and the value she brings to customers navigating complex EU projects.

In a strategic move to broaden our influence and deepen our engagement with European Union activities, we are excited to announce the expansion of our operations to Brussels. This new office will complement our existing presence in Espoo and Gothenburg, reinforcing our position as a leading public funding consultancy. 

Ecocem is a pioneer of high-performance technology that significantly reduces CO₂ emissions in the cement and construction industries. As part of a consortium consisting of leading academic and industrial actors in Europe, Ecocem’s project was awarded EUR 4 million in research funding from the European Innovation Council (EIC). The grant is part of the EIC Pathfinder Challenge 2024 and will support work which aims to optimise the environmental compatibility of Electric Arc Furnace (EAF) slag for low-carbon cement. 

The Patria-led European defence industry consortium AI-WASP, which consists of 16 leading defence companies, has been selected by the European Commission (EC) to receive nearly EUR 45 million in funding. This grant is part of the EDF 2024 funding round that allocated nearly EUR 1 billion to collaborative European defence research and development. Spinverse helped prepare the successful proposal and will support Patria and the consortium in the project’s day-to-day management.

We are happy to announce two new colleagues joining Spinverse in April. Mikko Finnberg brings onboard his finance expertise to our finance office, and Aleksandra Karimaa her funding instrument knowledge as well as innovation management in advanced technologies in defence and security in particular.

Securing public funding for large-scale innovative projects can be a daunting task. At Spinverse, we understand the challenges that our customers face when navigating the complex world of funding proposals. As part of our Advisory services, we offer a comprehensive viability assessment designed to evaluate and enhance the potential of your projects, ensuring they meet the stringent requirements of funding instruments — such as the Innovation Fund. 

Resand Ltd, a Finnish technology company specialising in the regeneration and recycling of foundry sand, has collaborated with Spinverse funding experts to identify and apply for suitable funding to accelerate the international expansion of their services. Consequently, Resand is now able to meet the growing demand for sand recycling and contribute to the preservation of the world’s limited sand resources and biodiversity.