Heli Teerenhovi joined Spinverse as Senior Manager less than two months ago and has already familiarised herself with some of Spinverse’s health technology projects and the opportunities brought by EU funding to innovative technologies. We discussed with Heli about the future of health technologies and how the new solutions will help provide patients and their care personnel with a more personalised and effective care.
The European Commission recently funded AICCELERATE, a multiparty project aiming to develop AI solutions to improve patient care and hospital processes. The goal of the “AI ACCELERATOR – a Smart Hospital Care Pathway Engine” project is to demonstrate the scalability of the AI solutions for different types of healthcare use cases. The project consortium led by Helsinki University Hospital (HUS) consists of 16 partners from eight European countries.
The European Parliament and the Council finally reached an agreement on the forthcoming EU’s R&I programme Horizon Europe. To finalize the deal, it needs to be approved formally by the European Parliament and the Member States. Moreover, Member States’ leaders reached a budget deal on EU’s recovery package and multiannual financial framework which brings the beginning of EU’s new budget period even closer.
LuxTurrim5G is developing and demonstrating a fast 5G network based on smart light poles with integrated antennas, base stations, sensors, cameras and other devices. This ecosystem project led by Nokia and facilitated by Spinverse opens new digital services and business opportunities for a real smart city. One of the companies providing solutions for the ecosystem is Orbis from Vantaa, Finland. They manufacture radio frequency and optical fibre assemblies and take care of the assembly and device integration for the smart light poles. Orbis has experienced tangible benefits in the commercialisation process of their technical solutions after having joined the consortium a year ago.
Could Innovation Fund help take your low carbon projects to the market? The 100 M€ call is now open!
Year 2020 has featured the starting point of a remarkable 10-year European investment into innovative low carbon projects. The European Commission has successfully launched the Innovation Fund, which is expected to provide over 10 B€ of grants between 2020-2030 for upscaling innovative clean technologies. The funding comes from revenues from the auction of emission allowances within the EU’s Emissions Trading System.
Since its launch in 2017, Spinverse has been an active facilitator for the partners of CleverHealth Network that develops top-class health tech solutions to solve clinical challenges to support patients, care personnel and clinical researchers. eCare for Me is one of the subprojects of the ecosystem where Helsinki University Hospital (HUS) nephrologist Virpi Rauta and HUS Chief researcher and Head physician Kimmo Porkka lead their respective research activities together with a group of clinicians, technology companies and university researchers. We asked Virpi and Kimmo how the projects are progressing.
Solving the critical environmental and societal challenge of recycling ever-growing piles of discarded textiles is the goal of the New Cotton Project. New Cotton will demonstrate the production of high-performing circular textiles and launch them to the consumer markets. The core of the solution is Infinited Fiber Company’s new innovative technology, which is an affordable and environmentally sustainable way to turn textile waste into cotton-like fibres with superior qualities. Spinverse funding experts helped secure EU Horizon 2020 funding for this exciting 8.9 M€ project, where Infinited Fiber Company acts as the project lead.
Business Finland has granted a total of 60 M€ for three new ecosystem projects led by the leading "Veturi" companies. In return for Business Finland's funding, the leading companies have committed to increase their research, development and innovation (R&D&I) activities in Finland by a total of hundreds of millions of euros, at the same time creating hundreds of new R&D&I jobs by 2024. These new ecosystem projects are led by ABB, KONE and Sandvik.
With the Horizon 2020 programme about to end, the proposed 100 B€ successor programme Horizon Europe will soon commence. Many organisations have already started planning and improving their internal processes to be more pro-active regarding the upcoming opportunities. While we are all waiting for more news on the progress of Horizon Europe, we are excited to announce the release of the newest features in our Spinbase to provide you with even better support in finding the right EU funding calls or partners for your project.
Technology Industries of Finland, The Chemical Industry Federation of Finland, Finnish Forest Industries and Business Finland are arranging, together with Spinverse and VTT, a series of webinars on Horizon Europe programme and Innovation Fund. The first webinar is held on 3rd December, 2020 at 9 – 12.30 (EET). Among the speakers is our Managing Director Laura Koponen, and our health sector expert Riikka Paasikivi will be facilitating one of the parallel sessions on the themes of four Horizon Europe Clusters in the first Work Programs.
Spinverse team recently got together to shortly meet up with most of the colleagues face-to-face (keeping a safe distance). We wanted to raise a toast to this year’s successes and most of all, to our Consultant Vilja Vara, who reached a milestone of 10 years with Spinverse this autumn.
The bi-annual CTO Forum, co-organised by Technology Industries of Finland, Business Finland and Spinverse, was held on 10 November as a virtual event as most of the events at the moment. The overarching theme was "Leading green and digital growth" . The keynotes and workgroups made the online event alive with interesting discussions and insights of the relevant topics in technology industries. The preliminary results of the recent CTO Survey were also covered in the event. What is more, the nomination period for the CTO of the year 2021 was opened!
The event was kicked off with the opening words from Pekka Koponen from Spinverse, Nina Kopola from Business Finland and Jaakko Hirvola from Technology Industries from Finland. The keynotes were given by CTOs of the Year 2020, Aki Mäkivirta from Genelec and Jani Vilenius from Sandvik. Aki and Jani discussed in concrete examples about the changes the Covid-19 situation brought to their companies and the message was clear - we need to be able to renew and find new ways to work.
The workgroups discussed and shared their ideas on the following five thematic groups:
- Increasing investments – How to drive investments and R&D in Finland
- Driving growth – How to succeed in internationalisation and enhancing exports?
- Building cooperation – How to build and operate R&D&I ecosystems?
- Boosting business – How to utilise innovation and investment funding?
- Building competences – How to attract new and needed talents?
At the end of the event, the nominations of the CTO of the Year 2021 was officially launched open. Do you already have a candidate in mind? If yes, read below how to nominate your candidate!
Have you worked with an exceptional CTO in Finland? We are now looking for nominations to find the CTO who makes the biggest impact in bringing the best out of their team, is an inspiring leader and adds significant value to the company through technology.
Who is eligible? Anyone who is responsible for their company’s technology in Finland. The selection criteria are very comprehensive and are specified by three categories: the person, the CTO's company and societal impact. The nomination period is open until 8th January 2021.
What does it mean for me that the European Union budget decisions are finally taking a remarkable step forward? The EU budget negotiators are discussing the next Multiannual Financial Framework (MFF) for 2021-2027, which also includes a big share of the innovation funding of EU. Now that we almost have a financial framework, we can start making decisions about the parts in it, including, for example, the Horizon Europe programme. As another positive result, the EP budget negotiators secured an additional 16 B€ to reinforce the flagship programmes.
Spinverse Founder and Chairman Pekka Koponen elected as President of new European Association of Innovation Consultants
The European Association of Innovation Consultants (EAIC) was launched on 5 November 2020. What originally started as an informal working group in September 2019, was formalised by the members as an association that now gathers more than 40 members active across Europe. The aim is to foster the discussion on common interests with a possibility of future collaboration and actions. Founder of Spinverse, Pekka Koponen, was one of the founding members of the earlier working group and we are glad to see him elected as President of EIAC.
Partnering up to solve grand challenges is the only way to go. You spread the risk, access new perspectives, open up new resourcing models, and tap into scalable R&D. It is not easy, but it is becoming easier thanks to new types of European and national funding instruments combined with more acceptance across ecosystems of organisations. Siloed approaches to creativity of new products and services tether the imagination to the organisation chart and short-term measurements.
We are glad to introduce our newest experts to the growing family of Spinverse. Our new colleagues complement our already strong expert teams with their expertise on forestry, bioeconomy, advanced energy sources, forestry, EU policies, and health tech – all very hot sectors in today’s industry landscape. Meet Jyrki, Anna, Sonja, Heli, and Jayden.
Due to the unprecedented and unpredictable spread of the COVID-19 outbreak, the organisers of CTO of the Year Europe - Orgalim, EIRMA and Spinverse - have decided to arrange the next award voting and event in 2021. The dates for a rescheduled award event will be announced in the course of 2021.
We are all waiting for more news on the progress of Horizon Europe, the next big European framework programme for research and innovation for the years 2021-2027. Here are some updates to the current situation regarding decisions and timeline of Horizon Europe and some other European funding instruments for you to be able to start the preparations for your project proposal.
Spinverse has accumulated years of experience on professionally leading and orchestrating innovation ecosystems with varying levels of complexity and size. Recently our experts Laura Koponen, Markku Heino and Sari Kola joined forces with Ulla Koivukoski to share their experiences in a brand-new Ecosystem Handbook. Spinverse also offers a renewed service portfolio to help with the inevitable challenges of working in ecosystems. Read here how we can help you and your company to succeed in ecosystems and make a real impact together with your partners!
The Finnish economic success has been based on high-quality education and research. However, Finnish companies are currently investing significantly less in research and development than ten years ago. In 2010, the Finnish government began to decrease its annual support for cooperation between universities and companies by 250 M€. Read here our summary of an article by Swedish Yle where, among other experts, our managing director Laura Koponen was interviewed.