Insights

Column in Kauppalehti by Pekka Koponen 6.10.2014, B18

The European Commission has announced the first results of its new SME Instrument, launched under Horizon 2020 to help innovative small- or medium-sized companies get their ideas to the market. Aurelia Turbines Oy is one of the Finnish SME’s to receive funding from a highly competitive field of innovative European companies from which funding was granted for fewer than 6% of the applicants. Spinverse Oy assisted Aurelia Turbines in selecting the most suitable funding instrument and helped to prepare the application.

Many Finnish companies miss an opportunity to get EU funding because Finland lacks a national strategy to support this.

Spinverse is organising the third international event integrating nano, materials and production technologies. It gives an outlook to European and global developments and showcases latest innovations in these fields. Industrial Technologies 2014 follows the success of the previous Industrial Technologies conferences in Brussels in 2010 and in Aarhus in 2012.

The European Commission is launching the biggest Framework Programme for Research and Innovation, Horizon 2020. Its budget of 70 billion for seven years is the biggest of its kind in the world. In the previous Framework Programme, Finland was a net recipient: we received 1.33 times more money than we contributed. Many things will change this time around and there is a possibility that we’ll be left with nothing.