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Public Funding

Spinverse supported Metsä Group in securing EUR 86.5 million in funding from the Innovation Fund

The 3D Fibre project aiming to commercialise a new Muoto™ packaging business for Metsä Group was highly scored in the European Commission's competitive evaluation process during 2024. Metsä Group has now completed the grant negotiations with the European Union on the co-financing for the first commercial Muoto™ mill planned for construction in Rauma, Finland. Spinverse funding experts provided Metsä Group with support during both the project proposal phase and the Grant Agreement negotiations that followed the positive evaluation.

Novel moulded fibre packaging to replace fossil-based packaging
 

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EU Innovation Fund to grant EUR 26 million to Hystar’s green hydrogen project

Hystar, a Norwegian manufacturer of proton exchange membrane (PEM) electrolysers for the large-scale production of green hydrogen, has been granted EUR 26 million by the Innovation Fund. The grant will be used to install and operate Hystar’s automated gigawatt (GW) production line for its PEM electrolyser stacks in Norway. The project is set to radically increase the PEM electrolyser capacity in the EU by introducing a novel mass-manufactured high-efficiency PEM stack to the market. Spinverse experts supported Hystar in their successful funding proposal. 

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Spinverse’s sustainability advisory for your innovation journey

Innovation is largely driven by sustainability. Sustainability-driven innovations help both creating more value for a company’s products and services. Such innovations also help reduce costs through increased efficiency in energy and material use as well as in optimised supply chain operations. Instead of just focusing on the operations of the own organisation, system-level thinking is usually needed to identify challenges and opportunities throughout the entire value chain of products. Spinverse’s service portfolio includes sustainability advisory to help you tackle these aspects along your whole innovation journey.

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EU Innovation Fund to grant EUR 21.5 million to Lixea’s groundbreaking “L1X” biorefinery project

Lixea Sweden AB, a technology development company with a mission to repurpose waste into profitable and sustainable materials, has been granted EUR 21.5 million by the Innovation Fund. The grant will be used to build and operate a commercial pilot plant, demonstrating a completely new method for biomass fractionation based on ionic liquids. The project will enable the replacement of fossil materials with biobased alternatives in applications where it has not been previously possible, thereby advancing the transition to a bio-based economy. Spinverse experts supported Lixea in their successful funding proposal.

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Spinverse supported Nokian Tyres in designing a comprehensive  FUTUREPROOF programme receiving EUR 20 million funding from Business Finland to develop future mobility solutions

Nokian Tyres announced in its release published yesterday 26th Feb 2025 that it is to lead the FUTUREPROOF research, development and innovation programme to confront the key challenges of future mobility through solutions related to for example the digitalisation of tires and traffic, sustainable product lifecycle and advanced manufacturing technologies. The tire maker said that the mission of the five-year programme is to futureproof resilient European on- and off-road mobility by crosslinking industries to join the common cause. Spinverse supported Nokian Tyres in building the FUTUREPROOF plan and securing funding for this ambitious R&D&I  programme.

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Searching for funding? Wondering what kind of sustainability aspects different funders are interested in?

Spinverse offers not only a wide range of public funding services, but also equity and debt services for companies seeking for growth with additional equity vendors and debt providers. We can help you find the most optimal solution for the whole funding roadmap including grants, different equity-based funding sources, strategic partners and debt. Regardless of what type of funding you are looking for, you need to consider certain sustainability aspects. Spinverse can help you identify and define such aspects in your  project.

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CBE JU projects need to consider environmental sustainability in a holistic way

The Circular Bio-based Europe Joint Undertaking (CBE JU) is a public-private collaboration  that invests in projects deploying competitive, sustainable, and circular bio-based industries in Europe. It aims at accelerating the innovation process and development of bio-based innovative solutions, while supporting EU’s zero-pollution ambition, climate neutrality target, and the restoration of biodiversity. Spinverse funding expertise includes strong understanding on sustainability methodologies in Life-cycle Assessment (LCA) and Life-Cycle Sustainability Assessment (LCSA).

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Decarbonising transport: The Alternative Fuels Infrastructure Facility call

The European Union is driving forward its sustainable transportation agenda by allocating EUR 1 billion to the Alternative Fuels Infrastructure Facility (AFIF) for 2024-2025. This initiative supports the development of electric and hydrogen fueling infrastructure across the Trans-European Transport Network (TEN-T), in line with the EU's decarbonisation targets and the new alternative fuels regulation, as well as the ReFuelEU and FuelEU maritime initiatives.

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Three completed projects within the CleverHealth network show promising results in areas advancing healthcare

The CleverHealth Network ecosystem led by HUS Helsinki University Hospital has been a hub of groundbreaking projects aimed at transforming healthcare through innovation and collaboration. Spinverse has been facilitating this ecosystem every step of the way from its preparation and establishment in 2017. Three projects were recently completed, demonstrating significant outcomes: E3 Excellence in Pandemic Response and Enterprise Solutions (E3), eCare for Me, and the EU project AICCELERATE. The CleverHealth Network ecosystem work is funded by Business Finland and participating organisations. 

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Energy ECS project: Driving economic impact and real-world innovation

Over the course of its 42-month duration, the Energy ECS project, funded by the Chips JU, has been a remarkable journey of innovation. Supported by Spinverse in proposal preparation and project management, this initiative was led by Tietoevry Finland. The project brought together 28 partners from across 8 European countries to revolutionise smart and secure energy solutions for the future of mobility.

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