The revamped European Innovation Council (EIC) Accelerator is the flagship funding instrument under Horizon Europe for start-ups and SMEs with radically new ideas for rolling out marketable innovation solutions and breakthrough projects. Winning companies with ambitions to grow and scale up can receive up to 15 M€ in equity investments and 2.5 M€ in grants. Here are our tips to get ready for your application process in the application portal!
The European Defence Fund (EDF) was officially launched in 2017 by the European Commission. Its objective is to strengthen the EU’s strategic autonomy and boost Europe’s defence capabilities. From 2021 onwards the EDF, worth more than 7.9 B€, will foster an innovative and competitive defence industrial base, offering growth opportunities for companies operating in the sector.
When funding calls open and the consortium gears kick into action, there is a lot of excitement mixed with uncertainty and risk. Consortiums do not come fully formed, and risk is not just isolated to new technologies or organisational challenges. It is a combination of both and also includes other factors, such as regulation, ability of organisations to collaborate, global phenomenon, ships getting stuck in major trade arteries and so on. Spinverse's Patrick Halford, VP, Digital Industries discusses on how to manage consortium risk and how Spinverse can help.
Innpaper project is developing sustainable and innovative alternatives to electronic waste with three use cases for real industry needs in food, security, and medical sectors. The four-year joint research project has now progressed to its final year. In line with the project’s target, the 15 consortium partners have now developed an electronics platform using paper as a base material to offer a recyclable replacement to e-waste. Innpaper recently completed the evaluation for the open call for new ideas and have now shortlisted Amphilab and Tapp Online as final candidates. Spinverse experts are working with the consortium to boost the development towards commercial applications.
Sometimes companies who have first succeeded in securing public funding for their own R&D&I project may find themselves being further funded as a part of a large European consortium tackling global challenges. This is where Spinverse’s customer SSH Communications Security succeeded. We talked to Jussi Mononen of this Finnish cybersecurity company on the differences and benefits of applying funding as an individual company to being part of a large consortium.
We are very excited to announce our headquarter's move to Keilaniemi, Espoo, where our innovative funding experts will get an inspiring and bespoke working space. The new address is valid from 1st March, 2021 onwards. We also updated our website to correspond to our new visual look.
The extensive funding expertise of Spinverse came to good use when Technology Industries of Finland, Chemical Industry Federation of Finland and Finnish Energy requested Spinverse to help them create an easy-to-read website about EU funding. Aptly named as EU Funding Playbook, the approachable and visual website aims to help companies get a good overview and practical tips to the exciting and somewhat complex world of public funding.
In an interview with Finnish newspaper Kauppalehti, Pekka and Laura Koponen talk about the present and future of Spinverse. All large companies in Finland know the consulting company founded by Pekka Koponen, even though Spinverse may not ring a bell to the general public. The company is a very well-known collaboration partner to various large and also small and mid-sized companies, as it has helped them gain over 500 M€ in EU-funded money for R&D&I.
Last year was one of the busiest and most successful years to date for Spinverse. We welcomed many new colleagues, new customers and worked on exciting new projects. We are proud of our skilled colleagues who have worked so hard to help our customers and are delighted to share the latest news about promotions. What is more, warm welcome to our new colleagues in the Spinverse family.
Spinverse founder and Chairman of the board Pekka Koponen and Managing Director Laura Koponen share their thoughts about the year 2021, when two major EU funding programs will be launched. The first funding program is the seven-year Horizon Europe of more than 95 B€ and the second is the European Recovery Package, which will release 750 B€ within just a few years. There are also opportunities for Finnish companies, although the competition will be fierce. Should your company join? Read here Pekka's and Laura's expert advice to companies and their executives.