Insights | Spinverse

Spinverse’s Viability Assessment services: evaluate your eligibility for Innovation Fund

Written by Spinverse | Apr 23, 2025 5:24:34 AM

Securing public funding for large-scale innovative projects can be a daunting task. At Spinverse, we understand the challenges that our customers face when navigating the complex world of funding proposals. As part of our Advisory services, we offer a comprehensive viability assessment designed to evaluate and enhance the potential of your projects, ensuring they meet the stringent requirements of funding instruments — such as the Innovation Fund. 

What is a Viability Assessment? 

A viability assessment is a thorough evaluation of your project's potential to secure funding from the Innovation Fund before your company considers preparing a project proposal. Our team of experts at Spinverse conducts a detailed analysis of your project, scoping and evaluating its eligibility for specific funding opportunities. This process involves a series of steps, including a kick-off meeting, background material check, thematic workshops and a final presentation of results. 

Our proven approach 

Spinverse has a proven track record of preparing several successful Innovation Fund proposals, including multimillion projects with companies such as Metsä GroupLixea, Bio Östrand, Midsummer and Lignin Industries and many more! Our approach is tailored to each customer’s unique needs, ensuring that we provide clear conclusions and recommendations for accessing funding. We can provide support to our customers throughout the whole proposal preparation process. Therefore, we are well positioned to provide you with well-informed insights on your eligibility for the Innovation Fund. 

Our Viability Assessment process 

The viability assessment process is structured to provide a comprehensive evaluation of your project. It begins with a kick-off meeting and background material check, followed by thematic workshops to evaluate the materials according to call requirements. Our team then estimates any remaining gaps and presents the results in a final meeting. 

At the end of the viability assessment, you will receive a detailed report and presentation, which serve as the basis for a go/no-go decision for a full proposal. This report provides a clear understanding of the effort, resources, and activities needed to develop a competitive funding proposal. Our value promise is rooted in our deep expertise in various funding instruments and our commitment to delivering actionable insights and recommendation. 

Why choose Spinverse? 

Spinverse is a leading innovation consulting company with extensive experience in securing funding for innovative project in various industries. Our team of experts is dedicated to helping your company navigate the complexities of funding proposals, ensuring that your project has the best chance of success. With a proven approach and a track record of success, Spinverse is the ideal partner for your viability assessment needs — and beyond. 

Timo Ropponen, Vice President for the Sustainable Industries from Spinverse says: “Securing funding for innovative projects requires a strategic approach and a thorough understanding of the funding landscape. Our viability assessment services provide companies with the insights and support they need to succeed. By partnering with Spinverse, our customers can ensure that the projects are well positioned to secure the funding they deserve.” 

Are you interested in learning more about our Viability Assessment services? Get in touch with us today!