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Spinverse is delighted to make known yet another customer success story: Finnish company IndoorAtlas secured Horizon2020 SME Instrument financing to scale-up and expand the disruptive geomagnetic indoor positioning technology delivered as a scalable cloud platform.
Shipping companies are actively looking for solutions to reduce fuel consumption and environmental emissions of vessels, particularly due to the recent fuel price instability as well as the forthcoming environmental regulations. Spinverse customer Norsepower is ready to address this challenge utilising new technology, advanced materials and leading-edge control system.
5 small and medium-sized companies (SMEs) from Finland have been selected in the latest round of Horizon2020 SME Instrument Phase 2. Each project receives up to € 2.5 million to finance innovation activities. Three out of five Finland’s winning cases in this cut-off secured funding with the help of Spinverse.
The European Commission has decided to grant EUR 88,5 million of NER 300 investment subsidies for the biofuel refinery planned by Kaidi in Ajos, Kemi. NER 300 is one of the world's largest funding programmes for innovative low-carbon energy demonstration projects. The application was prepared by Spinverse.
Highlighting a sample of successful projects: from research, through piloting and demonstration, to innovations and business growth:
The Horizon 2020 Work Programme for 2016-2017 has been published with over 1000 different funding opportunities for R&D&I, demonstrations, piloting and new market entry in very many different areas. This is the time to start looking for funding opportunities for you if you haven't done so already.
Spinverse Senior Consultant Riikka Paasikivi has opened up the Horizon 2020 SME instrument in an article for the Finnish Kemia (Chemistry) magazine. The SME instrument is targeted at companies aiming for strong international growth and that bring to the markets new competitive products or solutions.
A part of developing more sustainable lifestyles is to extend the lifetime and foster re-use of items. Currently, acquiring second-hand items through peer-to-peer internet sites can be a time consuming and challenging process.
On 6 July, EC published the first results of Horizon 2020 including the statistics of the first 100 calls that closed by 1 December 2014. 36 732 proposals were evaluated by 9 325 experts and about 3 200 projects have been awarded a total of €5.5 billion in EU funding. The overall success rate was about 14% (down from 20% for the whole FP7). France and Belgium had the highest success rates (about 17%). 38% of successful applicants were newcomers, which is a great improvement compared to 13% in the last year of FP7. 40% of newcomers were SMEs and this helped to meet the target of 20% for SME participation (up from 16% in FP7). The SME Instrument introduced in H2020 turned out to be very popular and 5% of the 20% EU financial contribution to SMEs ended up coming from SME Instrument. The popularity - 4 694 new applications - caused the success rate of SME Instrument to plummet down to 7.3%.
Helsinki, 4 May 2015 - The European Commission’s research and innovation programme Horizon 2020 has granted EUR 17 million in funding for the Clean Energy From Ocean Waves (CEFOW) research project that is coordinated by Fortum, which Spinverse helped prepare and coordinate successfully.