Insights

We at Spinverse had the honour to work with our clients on several project proposals during spring 2024 and were very excited to learn that six significant projects were awarded to receive funding in this round. In all, the Innovation Fund announced 85 groundbreaking projects selected to receive a total of 4.8B€ in grants. These projects aim to reduce greenhouse gas emissions by 476 million tonnes of CO₂ equivalent over a time span of ten years.

The European Innovation Council (EIC) provides various funding schemes tailored to different stages of innovation and growth. Here is an overview on what is available in 2025, including how much funding you can apply for, who can apply, and funding rates across the EIC's key programmes Pathfinder, Transition, Accelerator, and STEP Scale Up.

The UNLOOC project (Unlocking the data content of Organ-on-Chips), launched in May 2024 in Germany, is a three-year initiative focused on creating Organ-on-Chips (OOC) technologies to reduce animal testing and bridge the gender gap in drug development. Funded by the Chips Joint Undertaking and national agencies, the project uses human cells to enhance personalized medicine and tackle gender disparities inherent in clinical research. Spinverse supported the consortium during the project proposal phase and is now taking care of the daily administration of this fascinating project.

In October, we organised an event in Gothenburg, Sweden, to ignite discussions on what lies ahead for the European innovation from the Swedish point of view. The afternoon event was well attended and filled with excellent keynotes, networking and insightful discussions.

Connecting Europe Facility (CEF) Digital is a European Union initiative designed to boost a  high-performance and resilient Europe, and to secure digital infrastructures across Europe, fostering growth and competitiveness in line with the EU’s Digital Decade 2030 goals. The programme supports the interconnection of digital networks within and between member states, ensuring robust digital services and communication infrastructures across the continent. The calls were published on the 22nd of October 2024.

We are very delighted to announce our talented colleagues recognised for their accomplishments by promotions. Join us in congratulating Renuka, Michael, Johannes, Roozbeh, Simona and Prakash.

In a groundbreaking development for the industry, the microLIFEguard project aims to revolutionize microbiological preservation by offering sustainable and safe preservatory solutions for both industrial and consumer goods. Spinverse funding experts supported the project’s coordinator Purgos ApS in the successful funding application. 

The European Commission has opened the 2024 Connecting Europe Facility (CEF) Transport calls for proposals, offering a massive 2.5B€ to boost transport infrastructure across Europe. This funding aims to make the trans-European transport network (TEN-T) more sustainable, smart, and resilient, aligning with the EU’s goal of becoming climate neutral by 2050.

Aerones is a Latvian company specialising in robot-enabled turbine inspection and maintenance services. Aerones secured the Innovation Fund support provided for highly innovative, market-ready, scalable and ambitious infrastructure projects aimed at CO₂ emission reduction. Spinverse supported Aerones in their successful application phase by providing the company with project preparation support.

ExpandFibre is an ambitious R&D collaboration launched in 2020 by two Finnish companies Fortum and Metsä Group. ExpandFibre was one of the first leading company or “Veturi” projects – a public funding scheme initiated by Business Finland to boost the Finnish R&D landscape. With wood pulp from the forest industry and straw from agriculture as the preliminary feedstocks, ExpandFibre envisioned to accelerate the development of sustainable bioproducts by upgrading pulp fibres, hemicellulose and lignin into new bioproducts. Co-funded by Business Finland and the leading companies themselves, this 4-year programme officially ended in August 2024 giving way to the next phase in the ExpandFibre journey – a transition phase coordinated by Metsä Group. Spinverse team has been proudly supporting this vibrant programme and ecosystem every step of the way.