Insights

Long COVID, a research and innovation project funded by the European Union’s research and innovation programme Horizon Europe has just been launched on 1^st of June 2022. The pan-European project with a total budget of 8.2 M€ is coordinated by Helsinki University Hospital (HUS). The project consortium with 12 partners aims to understand the mechanisms behind the long-term symptoms following COVID-19 infection. Spinverse is one of the partners in this project making a difference to Long Covid Syndrome (LCS) sufferers.

The Circular Bio-based Europe Joint Undertaking (CBE JU), the follower of the Bio-based Industries (BBI JU) partnership, is set to fund excellent collaborative projects and the first call for project proposals will open before the summer break 2022. The preliminary call topics indicate a wide range of growth opportunities for companies working in this sector. The search for strong partners to collaborate in consortium projects is already underway. Is your company considering joining this initiative?

The European Defence Fund 2022 will offer many opportunities for the defence industry companies. The projects are divided into capability development and research projects, each with their own special characteristics. We estimate that the call texts for this year’s European Defence Fund application round will be published in June 2022.

In May, we welcomed Marianna Mea and Edward Mutafungwa to the Spinverse team. Both of them hold broad subject matter expertise and doctoral degrees in their respective areas. We also value their prior experience in running public grant proposal preparations.

In March 2023, the next deadline for proposals for funding from the EU's Innovation Fund closes. This means it is high time to start work on the proposal. Do you need help? Get help from someone who can. 

Nokia is set to gain a new competitive advantage from edge computing and edge intelligence, both considered essential elements in 5G networks. They can be considered the two key elements to enable sustainable digital infrastructure and networks in the future. Spinverse supported Nokia in the preparation of their funding proposal, which secured Nokia 20 M€ in Business Finland funding for leading companies.

The finalists of the year 2022 award have now been announced. The 2022 winners will be awarded at EIRMA’s CTO Forum on the 19th of May 2022 hosted by UNILEVER Foods innovation Center HIVE in the Netherlands. Stay tuned!

Experimentation is a great way to reduce risks in innovation. It is impossible to predict how customers will react to new products and services. The best practice is to build and test new ideas with customers and other stakeholders early in the process.

“The rapid growth of electrification of traffic and energy storages will create a large demand for skilled workforce in Finland.According to most estimates, the number of electric vehicles sold will grow by about 20–30 % annually until 2030.The size of the growth will lure skilled employees in an unprecedented manner. Also, our neighbouring countries will attract employees from Finland,” says Timo Ropponen, Director and Team leader for Manufacturing and Energy at Spinverse. 

European Investment Bank (EIB) Venture Debt is a long-term financing instrument meant to provide significant cash runway in-between financing rounds while minimising dilution of existing owners. This funding allows a company to fully focus on its business after early commercialization and grow to secure stability. It is well suited to fast-growing companies with significant innovation potential and/or to enterprises driven by research and innovation.