The Eurostars funding instrument is making a comeback with a wider scope, thus offering growth opportunities to a wider group of applying companies and organisations. This time around, not only R&D-performing SMEs, larger companies, research organisations and universities will be eligible to apply for Eurostars funding, but innovative SMEs are also welcome to send in their application as the company to lead an EU funded project with its partners. Get ready, as the first call of the new Eurostars programme will open soon and it is time to act now!
The European Association of Innovation Consultants published its first collective report to help European Commission in their work to inform the industries on the deployment of Next Generation EU funding instrument, the largest economic stimulus ever funded by the EU. As one of the founding members of EAIC, Spinverse has also contributed to this report, called "A Guide to Next Generation EU for industry to better understand and seize its opportunities".
Eurostars is a public funding instrument dedicated to innovative, research-driven small and mid-sized enterprises who want to join forces with other like-minded companies. Successful applicants are in for grants worth an average of 1-2 M€ each to boost their civilian projects aimed at developing new products, processes or services. The funding instrument stimulates international collaborative research and innovation projects that will be rapidly commercialised.
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.
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.
Spinverse supported FuturoLEAF to secure 2.9 M€ of funding for a sustainable photosynthetic cell factory concept
The FuturoLEAF research project was kicked off in autumn 2020 after receiving funding from the Future and Emerging Technologies (FET) EU call. The aim of the FuturoLEAF project is to design a solid-state cell factory (SSCF) that efficiently captures CO2 and light by using photosynthetic microbial cells and nanocellulosic building blocks, thus enabling more efficient and sustainable chemical production. Spinverse supported the project consortium in the project proposal phase, securing a winning proposal in this competitive call.
Horizon Europe is the next framework program to fund state-of-the art innovative projects. The 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 may get an opportunity to receive up to 15 M€ in equity investments and 2.5 M€ in grants.
Spinverse is one of the nine partners in the STARDUST project, launched in 2017, to create a miniaturised neurosurgical implant leading to a proof-of-concept for a new treatment approach for Parkinson’s disease. The four-year project has now progressed to its final year, coming a few steps closer to introduce novel ways to treat a wide variety of diseases.
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.
In 2017, the European Commission officially launched the European Defence Fund to boost Europe’s defence capabilities. From 2021 onwards, the new European Defence Fund (EDF), worth 13 B€, will foster an innovative and competitive defence industrial base and contribute to the EU's strategic autonomy. Two pilot programmes, the European defence industrial development programme (EDIDP) and the Preparatory Action on Defence Research (PADR) precede the EDF. EDIDP is an industrial programme of the EU aiming to support the competitiveness and innovation capacity of the union’s defence industry, whereas PADR funds research projects.
Horizon Europe: growth opportunities for thousands of innovative projects – are you ready for your next step?
Horizon Europe will be launched in January 2021 and extends until 2027. It is the European Commission's proposal for an ambitious programme worth close to 100 B€ to boost European research and innovation. Over the coming months, we can expect more detailed information on this programme and its strategic planning process, work programmes, funding calls and other relevant activities. If your company is interested in seizing the moment for future growth, now is the time to act! Spinverse has developed a new service to help you — find out how!
The European Commission has announced a remarkable investment programme worth 10 B€ or more, focusing on highly innovative, mature technologies and big flagship projects that aim to bring significant emission reductions in Europe. We asked Risto Savolainen, our Vice President for the Sustainable Industries business unit, to shed more light into this topic.
Business Finland held an interesting webinar on EU funding recently and we collected some key messages for you in two parts. In this second part, we summarise what our Principal Consultant Eeva Viinikka shared regarding practical matters on how to get started with building the consortium and EU funding proposal. She knows what she is talking about: Eeva has supported our clients with EU applications at Spinverse for over six years and helped them secure funding worth millions of euros.
There is a multitude of opportunities in EU funding instruments for sustainable industries who are ready to reinvent and renew their business practices. Applying for EU funding is a long and competitive process but doing your homework will increase your company’s chances to succeed and reap the benefits of European collaboration for years to come. In this first part, we collected some key messages from a recent Business Finland webinar on European Union funding and collaboration.
Despite the global crisis or perhaps because of it, this is a perfect time to innovate, renew and collaborate. Why is that? We talked to our experts Laura Koponen and Patrick Halford to get an overview of how these times of uncertainty could actually benefit companies developing solutions in health, well-being and sustainability.
Do you want to deepen your knowledge and understanding on EU funding and co-operation? To continue their introductory-level webinar Business Finland held earlier this year, they are now arranging a webinar delving a bit deeper into the topic and opportunities for companies and other organisations in the field of sustainable manufacturing. The webinar takes place on 27th May, 2020 at 12.15-16.30 (UTC +03:00).
Europe is committed to be the first climate-neutral continent in the world and to reach this goal, the European Commission has published an extensive climate program known as the European Green Deal. The aim of this program is to update the central legislation and channel thousand billion euro as guarantees, loans and public venture capital into green technologies, sustainable solutions and new businesses. At best, this roadmap takes European industries as the forerunners in the quest for a greener world.
Finding funding opportunities and partners for your brilliant innovations and ideas is rarely a walk in the park. Spinverse has developed a tool that can ease the complex task of finding the most suitable EU funding instrument for your R&D project while identifying the relevant partners. Spinbase is an AI based funding search tool which will help you in taking your innovations to the next level.
Many companies ask Spinverse for help to apply for EU funding to boost their development and growth. Not everyone who applies for funding receives it, but working with Spinverse can yield other benefits.
The European private VC market is still relatively small, so young Nordic companies increasingly turn to public funding to scale up.