Insights

R&D investments in Finland will continue to grow, driven by public funding. Finnish companies will continue to increase their product development investments in Finland also in 2022. Growth will be accelerated by the green transition, the advancement of digitalisation and the growth of public innovation funding for industry. This is evident from the CTO Survey directed at the Chief Technology Officers of industrial companies. The survey was conducted by Spinverse in cooperation with the Technology Industries of Finland and Business Finland. This finding is also supported by a recent investment report by the Confederation of Finnish Industries, in which the results on the growth of industrial investments were very similar.

Business Finland has granted Lounais-Suomen Jätehuolto (LSJH) 5.2 M€ of circular economy investment aid for building a full-scale, end-of-life textile refinement plant in Turku, Finland. When the plant is ready, Finland will be the first country in the world where post-consumer textiles are obtained nationwide for reuse and recycling.

Dijana Soininen joined the Spinverse team as Head of People and Culture a few months ago to help us nurture and evolve our company culture in times of rapid growth. We wanted to ask her about her first impressions at Spinverse and her insights into company culture and our work environment.

Business Finland has just granted a total of EUR 60 million for three new Veturi projects to be led by the leading companies Nokia, Wärtsilä and TietoEVRY. In return for the funding, the leading companies make a commitment to increase their research, development and innovation (RDI) activities in Finland by a total of more than 350 M€. At the same time, hundreds of new RDI jobs will be created in the coming years.

The extensive joint development of LuxTurrim5G ecosystem led by Nokia and coordinated by Spinverse has reached a key milestone, as the development phase of the smart pole, data platform and related smart city services is successfully completed. The multi-disciplinary consortium of 26 partners has achieved solid results and the development consortium is planning for more extensive pilots in real urban environments and is starting to commercialize the solution.  

Spinverse has a solid track record of helping customers receive public funding, with more than 500 M€ secured for our customers. Our funding experts know how to navigate through the jungle of applying for public funding and how to help prepare the best possible project proposal in calls for national or EU funding. However, Spinverse expertise does not end there, but we can also help when it comes to kicking off, managing, leading and coordinating a funded project.

• LuxTurrim5G-ekosysteemin tutkimus- ja kehitysvaihe, jossa kehitettiin älypylväitä ja niihin liittyvää infrastruktuuria, data-alustaa sekä älykaupungin palveluita, on nyt saatu onnistuneesti päätökseen
• Tutkimus- ja kehitystyöhön osallistunut yrityskonsortio valmistautuu nyt laajentamaan pilotteja aitoihin kaupunkiympäristöihin ja käynnistämään ratkaisun kaupallistamisen

Tiedote PDF-muodossa

Espoo – Nokian vetämä LuxTurrim5G-hanke on saavuttanut tärkeän välietapin saatuaan päätökseen älypylväiden, data-alustan ja siihen liittyvien älykaupunkipalveluiden tutkimus- ja kehitysvaiheen. Monialainen 26 yhteistyökumppanin konsortio on saavuttanut lupaavia tuloksia, joita esitellään tänään webinaarissa. 

• The R&D phase of the LuxTurrim5G concept including smart poles and related infrastructure, data platform and smart city services is now successfully completed
• The development consortium is planning more extensive pilots in real urban environments and is starting to commercialize the solution

Press release in PDF format

This week has been the European Hydrogen week! On Monday the 29th November, the Horizon Europe Clean Hydrogen Partnership was officially launched, following the footsteps of Fuel Cells and Hydrogen Joint Undertaking. This brand new partnership will have a budget of 2 B€, and it is a joined collaboration between The Commission, Hydrogen Europe and Hydrogen Europe Research. The official website for the new partnership is expected to open soon.

Spinverse is growing at a steady pace and by early 2022, we are most likely to hit the mark of 80 employees.Read on to find out what kind of work our experts do. Could you be our next public funding professional to join Spinverse — stay tuned to many open positions with us in the upcoming weeks!