Innovation is a generic term for all new business creation. Right now, the need for innovation is accelerated by the fastest technological development taking place in history. Artificial intelligence, other digitalization, alternative energy, material recycling and other trends are affecting all industries.
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.
Currently, tracing of steel products is possible via physical markings. The vision is to provide the opportunity to follow the steel products all the way from the mill to the end product, for example to communicate its properties and processing instructions to the processing machine. The first version of the SSAB SmartSteel service enables customers to identify products and access material information. Read more about the vision of SmartSteel at SSAB.
Finnish innovation and research gets a boost from the government: permanent increase of EUR 100 million for funding
”This decision is a great commitment made by the Finnish Government to develop our world-leading innovation system further. It will significantly improve the possibility for Finnish innovation players to build ecosystems that have global significance,” says Spinverse Founder and Chairman Pekka Koponen, who also acts as the chair of the Innovation working group of Technology Industries of Finland.
Research and development used to be more of an in-house activity within companies, but organisations today understand the value of joining forces in innovation processes and forming ecosystems around them.
City of Espoo received the 2018 Intelligent Community of the Year award given by the Intelligent Community Forum at its Global Summit in London June 6, 2018. Espoo was honored in its first year as a competitor in the program after a year-long evaluation that included a quantitative analysis of extensive data, site inspections by the Intelligent Community Forum and votes from an international jury made up of experts from around the world.
At Spinverse we want to empower our people to continuously learn and improve. Our people also tend to have a certain curiosity and hunger towards learning new things every day, but that’s just how we Spinversians are.
From Aalto the program will be led by Prof. Orlando Rojas & Dr. Maryam Borghei, in Biobased Colloids and Materials group (BicMat) from the Department of Bioproducts and Biosystems (Bio2).
Customer success-story: MacroArray Diagnostics secured 2,5 M€ EU funding for an allergy diagnostics innovation project
Allergies and asthma affect at least a quarter of the population. While often harmless, an increasing number of people suffer from severe allergies, resulting in more than 300.000 avoidable deaths per year. The WHO therefore declared allergy a major health problem of the 21st century. Currently, medical practitioners must pre-select very few allergens for in-vitro testing, based on prior anamnesis, which often results in false or incomplete diagnosis. There is no cost-efficient technology to improve the quality of diagnosis to an optimal level for patient-tailored and evidence-based treatment. The fast-growing segment of molecular diagnostic tests requires a new generation of assays and laboratory automation.
MetGen's Matti Heikkilä & Spinverse's Laura Koponen on Finnish national tv Huomenta Suomi: wood to replace oil
MetGen's CTO, Matti Heikkilä, and Laura Koponen, Managing Director of Spinverse were on Finnish national tv, Huomenta Suomi, discussing the grand vision: wood to replace oil. In practice wood will be used to produced products, which are currently made from oil, starting with packaging materials. Moreover, the SWEETWOODS project, a consortium of nice European companies, has received 21M€ of EU-funding with the aim of producing wood-based biomaterials for the first time on an industrial scale. These wood-based materials can be used to replace plastic in various everyday applications.
Unique bioeconomy project raises 21 million in funding. ”We produce with wood what used to be made with oil”
SWEETWOODS is a 43-million-euro joint pilot project that was recently granted 21 million euros in funding under the EU’s Horizon 2020 programme’s Bio-Based Industries financial instrument. Horizon 2020 is the biggest research and innovation programme in the world, supporting the development and introduction of new technologies. SWEETWOODS represented the only flagship project in the bioeconomy sector. The project is implemented through collaborative efforts of nine partner companies.
Innovation is proven to be the single most efficient way to encourage growth and renewal. Should Finland once again be made the spearhead of innovation all others compare themselves to?
The bi-annual CTO Forum spring event was held on 19th of March at restaurant Palace. This time the focus of the event was on Finland 4.0 - how to increase the R&D expenditure of GDP to 4.0%.
Does your company have an innovative idea or solution you want to pilot with Valmet? Are you looking for new business opportunities? Do you need world-class expertise to help you commercialize your idea?
Finland’s CTOs of the Year announced: Vesa Varjonen of Planmeca and Matti Heikkilä of MetGen have contributed to the renewal of Finnish industry
Vesa Varjonen, Vice President of Research and Technology at Planmeca and Matti Heikkilä, CTO of MetGen have been chosen as CTOs of the Year 2018. The jury consisting of leading Finnish technology influencers emphasized the significant role of the awarded CTOS on renewal of the industry. The CTO of the Year Awards are given by Spinverse together with Technology Industries of Finland and Business Finland to highlight the importance of Chief Technology Officers work on the future competitiveness of Finnish industries.
LuxTurrim5G, the Nokia Bell Labs driven collaborative ecosystem project coordinated by Spinverse, enabled Espoo City to reach the finals of the Intelligent Community of 2018 contest. The Intelligent Community Forum (ICF) announced the seven finalists on the 8th of February in New York. The think tank describes the finalists as cities that have done the leap from Smart Cities to Intelligent Communities.
Open Innovation (OI) ecosystem projects are complicated and demanding. Ecosystem partners have multiple roles and different internal drivers and objectives. Typically innovation projects involve high technological and commercial risks, which increase the level of complexity. Furthermore, there may be competing ecosystem projects either running parallel or about to be initiated. These characteristics require special measures and actions when leading and managing OI ecosystem projects.
Spinverse and the Nordic Council of Ministers through the Danish Business Authority have broadened the CTO Forum concept to cover all Nordic countries. The first ever CTO Forum Nordics was held in Stockholm, Sweden on the 14th of December 2017. The aim of the day was to find ways to enhance Nordic cooperation in industrial digitalisation: Industry 4.0.
Tekes Smart City and Environment event “100 Lasissa”, Helsinki, 12.12.2017
Helsinki-based edtech software company 3DBear Ltd has raised over one million euros of seed funding. Investors are New York -based Rethink Education VC, a publicly listed media and publishing company Keski-Pohjanmaan Kirjapaino Oyj, chairman of the Board of Directors of Basware Hannu Vaajoensuu through his investment company, angel investor Tero Lehtonen and an edtech investor and founder Mitch Weisburgh. Current investors Spinverse Group, Glyn Eggar, Kaisa Olkkonen and Veli-Pekka Saarnivaara made additional investments.