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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.
Society will be fossil free. Establishing the technology and value chain that are needed to capture carbon dioxide requires serious investments, but who dares and can invest in projects associated with risk? The European Investment Fund (EIF) does! During the summer, they went out with a call for projects that could demonstrate innovative technologies in this area.
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 the innovation project, In2Track3, within the Shift2Rail programme, the Swedish Transport Administration entrusted IMCG for the project development and the proposal for EU funding. The project proposal was approved and In2Track3 was granted EU support of 11 M€.
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 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.