Insights

The newly established European Innovation Council’s Strategic Technologies for Europe Platform (STEP) Scale Up scheme offers significant funding opportunities for growth companies, SMEs and small mid-caps alike, as well as for investors applying on behalf of eligible companies. This new EU funding scheme has already proven very popular, should you also apply for it? Reach out to Spinverse to find out more about this opportunity and if your company is eligible.

Release your company’s potential with Spinverse. We can provide you with expert guidance for every stage of your innovation journey. One of the paths to accelerate your business is to make use of European equity and debt funding. Learn more about this option with us.

At Spinverse, we are delighted to highlight our role as a founding member of the European Association of Innovation Consultants (EAIC), with our Director Eeva Viinikka serving on the Board. Since its establishment in 2020, EAIC has grown into a dynamic network which now unites 60 members across 28 European countries, all dedicated to elevating standards and impact within the innovation consulting sector.

During the summer months, we have welcomed yet another group of skilled professionals at Spinverse. Our new colleagues will bring onboard their expertise in digital health, ICT and legal. Warm welcome to Samuli, Megan, Oscar and Eetu!

Backed by the Digital Europe Programme, the Robocoast European Digital Innovation Hub (EDIH) helps manufacturing SMEs adopt AI, cybersecurity and other digital technologies and drive sustainable growth and global competitiveness in the EU. For the first Robocoast EDIH project in 2022, Spinverse supported the consortium in articulating their vision and map out the impact on European scale. Again in 2025, Spinverse supported Robocoast in designing a continuation project. In this project, the focus will be on unlocking AI technologies to manufacturing SMEs across a wide range of verticals in Finland and beyond. 

SmartSpires, a EUR 3.1 million initiative co-funded by the EU’s Connecting Europe Facility (CEF), aims to turn Luxembourg’s Belval campus into a smart city living lab – a blueprint for cities across Europe. Spinverse supported the project consortium in the successful proposal preparation phase and upon the launch of the project, also provides project coordination services.

Spinverse recently hosted the Consortium and General Assembly Meeting of European Defence Fund (EDF) project ARCHYTAS in Finland. ARCHYTAS (Architectures based on Unconventional Accelerators for Dependable / Energy-Efficient AI Systems) is a EUR 20 million European Defence Fund (EDF) project led by IVECO Defence Vehicles and consisting of over 20 European partners advancing defence applications to boost more effective defence operations. 

Sumitomo SHI FW (SFW), a technology provider of integrated energy solutions for decarbonised energy, has been secured a Business Finland ‘Veturi’ funding of EUR 10 million for leading companies. Spinverse supported SFW during their project proposal phase with a successful outcome.

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.