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Open Innovation (2)

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The latest success story: Using wind to save fuel in the global maritime industry. Finnish SME secures European funding

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.

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Innovation Voucher initiative to benefit SMEs in Finland

Starting in October 2016, Small and medium-sized enterprises in Finland will be able to benefit from the Innovation Voucher scheme. Introduced as a pilot venture by Tekes financial services, the Innovation Voucher is worth 5 000 € and is meant for micro-enterprises and SME’s. A company that receives the voucher can purchase professional innovation services from a service provider, that has a special know-how or expertise that the voucher recipient does not have. The Innovation Voucher is a part of the Enterprise Package that the Finnish government announced in April 2016. The package aims to promote entrepreneurship by providing SMEs with access to tools they may require to realise their innovation potential.

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Three out of five Finland's winning SMEs secured EU funding with the help of Spinverse

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.

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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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Spinverse to manage new 80M€ breakthrough materials programs for FIMECC

FIMECC has launched two new research programs that will have a major impact in bringing innovative and sustainable materials solutions for many emerging and growing industry sectors. The programs will also enable a major renewal in the Finnish metals and engineering cluster. Spinverse facilitated the preparation of these novel industry driven public-private partnership (PPP) programs and has now been selected to manage both of them.

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