Insights

Entrepreneurs at Slush have funding on their minds. The EU’s innovation programme is changing and young companies wonder how they will be affected.

Bridging the gap to economically feasible fuel ethanol from Nordic wood – Spinverse helped three Nordic companies receive over 2,8 M€ of EU funding.

A consortium of 31 European electronics packaging, optics and photonics key players, leading equipment suppliers and testing experts launched a new project, “Advanced...

Avantium N.V. with nine partners across Europe were awarded with a € 13 million grant from Horizon2020's SPIRE programme. The project will integrate and scale up Avantium's new biorefinery process Dawn and novel catalytic process for bio-based MEG (mono ethylene glycol) Mekong. Avantium, with 6 M€ share of the grant leads the consortium called IMPRESS. Spinverse assisted Avantium and the consortium in preparing the winning application.

Did you know there is still over 10 billion euros of EU funding available for the next year? And, this R&D funding is meant to lift your innovation to the next level. Do you know how to apply for EU funding? Our free webinar will give you the best tips how to succeed in EU funding!

Swedish ManoMotion succeeded in receiving extremely competed Horizon 2020 funding in the first try with Spinverse’s support. Their patented software solution opens up massive expansion possibilities for the global mobile AR market.

European Commission shifts into high gear in its popular funding scheme for small and medium-sized enterprises. Preparing for Horizon Europe, the upcoming ninth framework programme for funding innovation, the European Innovation Council is rolling out the Accelerator Pilot during 2019 and 2020. Combining grant and equity funding, the EIC Accelerator Pilot replaces the SME Instrument Phase II with its first cut-off on October 9th. The SME Instrument Phase I, the 50,000 € grant for a feasibility study, will no longer be available after the September 5th cut-off.  

CSC datacenter in Kajaani will host a pan-European high-performance supercomputer. The machine will be about ten times more powerful than the most powerful supercomputer currently in Europe. The decision was made by the EuroHPC Joint Undertaking, a high performance computing (HPC) initiative supported by the European countries and the European Union. This decision will provide highly competitive HPC resources for Europe's scientific, industrial and public users. In addition, it will provide a framework for Europe to strengthen its position as one of the pioneers of the data-driven economy. Spinverse supported CSC and the consortium in the EuroHPC application process. 

For those of us who work with EU projects, it feels quite natural, after a while, to talk in terms of milestones, work packages and deliverables. For those who really will benefit from the results of the projects – the market – this is all Greek."I am a work package leader in the projects IRIS and United-Grid. In addition, I am responsible for certain specific tasks, milestones and deliverables," Ulrika Wahlström, Innovation Project Manager at IMCG says and laughs, well aware that this is gibberish for ordinary people.   

Finland’s EU presidency begins on 1 July 2019. During that time, major changes to innovation funding were achieved. This time around, our presidency oversees the preparations for Horizon 2020 with unprecedented levels of funding. EU funding can be leveraged to further industry’s innovations and commercialising them, and access to EU funding is easier than ever. It is time for Finnish industry to make the most out of their innovations. EU innovation funding only has impact only if it has the industry to lead the way.