Spinverse offers not only a wide range of public funding services, but also equity and debt services for companies seeking for growth with additional equity vendors and debt providers. We can help you find the most optimal solution for the whole funding roadmap including grants, different equity-based funding sources, strategic partners and debt. Regardless of what type of funding you are looking for, you need to consider certain sustainability aspects. Spinverse can help you identify and define such aspects in your project.
Assessing the sustainability aspects of your project
Public funding programmes for developing, demonstrating and promoting innovative technologies include, for example, the Horizon Europe, EU Innovation Fund and the EU LIFE Programme.
When preparing a proposal for these funding programmes, the applicant mostly needs to assess at least the potential greenhouse gas emission avoidance achieved when the project is realised. Also, other aspects of environmental sustainability need to be considered. If the project uses biobased feedstocks, it needs to ensure that these originate from sustainably produced sources, preferably side stream materials, so that competition with food use can be avoided. Also, other environmental impacts, such as eutrophication, chemical pollution, biodiversity decline, as well as socio-economic impacts, such as job creation related to the project activities, need to be identified and quantified. A description on how the project will steer the development process in the right direction is also needed.
Environmental sustainability for private equity and debt funding
Projects that are seeking for private equity and debt funding also need to consider environmental sustainability. Private funders, if they are to be considered sustainable, are obliged to follow the EU Taxonomy regulation, which defines common criteria for sustainable economic activities.
The Do No Significant Harm (DNSH) principle under Article 3 of the regulation requires that the economic activity shall contribute substantially to at least one and not significantly harm any of the following environmental objectives:
- Climate change mitigation
- Climate change adaptation
- The sustainable use and protection of water and marine resources
- The transition to a circular economy
- Pollution prevention and control
- The protection and restoration of biodiversity and ecosystems.
Private funders are often also committed to other sustainability schemes, such as the Principles for Responsible Investment and contributing to the United Nations Sustainable Development Goals (SDG). They have specific sustainability criteria for their funding.
Spinverse experts can help you with your funding roadmap
Spinverse’s expertise combines both public and private funding, offering a systematic and proven approach for identifying the most suitable funding sources. Our funding roadmap modules include mapping the suitable sources of public grant funding, private equity and debt funding, considering the specific sustainability requirements of each of the funding sources. The service entails an optional follow-up support in proposal preparation for public sources as well as contacting, meetings and closing for private sources.
Take the first step towards securing your funding: Reach out to Spinverse today and let us help you unlock the potential of your project!
