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Growth (3)

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In the news: Pekka Koponen and Carl Haglund are building a billion-euro biorefinery in Kemi. Despite the skeptics

Talouselämä - a Finnish language weekly financial and business magazine - has just published a multi-page article (in Finnish) covering recent developments on the Kaidi Finland's biorefinery large scale investment project.

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Kaidi Finland receives nearly 90 M€ of EU funding for Kemi biofuel refinery

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.

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The latest success story: Finnish SME to revolutionise electronics with EU funding

More and more brilliant SMEs are set to strengthen European competitiveness with the support of Horizon 2020 SME Instrument programme, Spinverse is delighted to make known yet another customer success story: Finnish company TactoTek secured Horizon2020 SME Instrument financing to revolutionise the way we manufacture electronics for the benefit of the European automotive industry.

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Open Innovation across the Grid – Fingrid announces idea competition winners

Launched in October 2015 the Fingrid idea competition challenged companies of all sizes to submit their business ideas addressing the topic of grid maintenance development. Which, essentially, means enhancing grid performance, reducing inconvenience caused by power outages and lessening environmental impacts and energy consumption. All while reducing the cost of power delivery.

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Five Finnish SMEs up their game with European funding

According to the recently published statistics from the European Commission, 50 innovative small and medium-sized enterprises (SMEs) from 14 countries have been selected in the latest round of Horizon2020 SME Instrument Phase 2. This time Spain stole the crown with 14 accepted projects, while Finland took fourth spot with 5, after Germany and France with 8 and 6 respectively.

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The Rise of the Drone: Using drones for biomass emissions tracing in Finland

Bioenergy – a renewable energy derived from biomass – is playing a vital role in many geographical areas. Currently, it is estimated to provide around 10% of the world’s primary energy supply.
In accordance with a global trend, Finland is acknowledged for its long and successful history in bioenergy, especially in forest biomass-based solutions. The high performance in turn has been enabled by innovative technology and engineering solutions as well as strong supporting research sector.

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EU funding benefiting Finnish companies and growth

Jukka Lukkari wrote in the Tekniikka & Talous magazine on the 2nd of April 2015 that EU funding is slipping through Finland’s fingers. It is indeed true that the renewed and more innovation-oriented contents of the EU Horizon 2020 funding program, as well as its accelerated processing speeds, have increased the application activity both in Finland and elsewhere in Europe. This has, in turn, led to even tougher competition than before and to somewhat lowered success rates in the EU area.

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