The revamped European Innovation Council (EIC) Accelerator is the flagship funding instrument under Horizon Europe for start-ups and SMEs with radically new ideas for rolling out marketable innovation solutions and breakthrough projects. Winning companies with ambitions to grow and scale up can receive up to 15 M€ in equity investments and 2.5 M€ in grants. Here are our tips to get ready for your application process in the application portal!
When funding calls open and the consortium gears kick into action, there is a lot of excitement mixed with uncertainty and risk. Consortiums do not come fully formed, and risk is not just isolated to new technologies or organisational challenges. It is a combination of both and also includes other factors, such as regulation, ability of organisations to collaborate, global phenomenon, ships getting stuck in major trade arteries and so on. Spinverse's Patrick Halford, VP, Digital Industries discusses on how to manage consortium risk and how Spinverse can help.
Horizon Europe is the next framework program to fund state-of-the art innovative projects. The EIC Accelerator is the flagship funding instrument under Horizon Europe for start-ups and SMEs with radically new ideas for rolling out marketable innovation solutions and breakthrough projects. Winning companies with ambitions to grow and scale up may get an opportunity to receive up to 15 M€ in equity investments and 2.5 M€ in grants.
The European Commission recently funded AICCELERATE, a multiparty project aiming to develop AI solutions to improve patient care and hospital processes. The goal of the “AI ACCELERATOR – a Smart Hospital Care Pathway Engine” project is to demonstrate the scalability of the AI solutions for different types of healthcare use cases. The project consortium led by Helsinki University Hospital (HUS) consists of 16 partners from eight European countries.
The European Parliament and the Council finally reached an agreement on the forthcoming EU’s R&I programme Horizon Europe. To finalize the deal, it needs to be approved formally by the European Parliament and the Member States. Moreover, Member States’ leaders reached a budget deal on EU’s recovery package and multiannual financial framework which brings the beginning of EU’s new budget period even closer.
We are all waiting for more news on the progress of Horizon Europe, the next big European framework programme for research and innovation for the years 2021-2027. Here are some updates to the current situation regarding decisions and timeline of Horizon Europe and some other European funding instruments for you to be able to start the preparations for your project proposal.
The Finnish economic success has been based on high-quality education and research. However, Finnish companies are currently investing significantly less in research and development than ten years ago. In 2010, the Finnish government began to decrease its annual support for cooperation between universities and companies by 250 M€. Read here our summary of an article by Swedish Yle where, among other experts, our managing director Laura Koponen was interviewed.
Horizon Europe, the EU’s next framework programme for research and innovation, is approaching fast after the policymakers are returning from their August holidays. The work has already commenced in Brussels — next steps are being taken to finalise the Horizon Europe programme. We are sharing here our insight into how Horizon Europe evolves at the moment and how some other interesting funding opportunities, such as the new New Generation EU, await innovative and sustainable industries.
The goal of the European multi-disciplinary ELISE project, recently funded with 12 M€ by the European Commission, is to drive artificial intelligence (AI) by machine learning (ML). The consortium of 23 partners, including Spinverse, will build upon the open and excellence-driven ELLIS research network of top-level and diverse AI institutes that aim to drive adoption of outstanding ML algorithms and research in European companies. Spinverse facilitated the preparation of the funding proposal and will lead the communication and dissemination activities toward European industries at large during the project.
The European Maritime and Fisheries Fund supported the sustainable development of the blue economy SMEs across the European Union with an overall budget of 22,5 M€ in its 2019 call for proposals. The BlueInvest Fund addressed the challenge of developing and bringing to market new products, services, and business models for early-stage businesses, SMEs and scale-ups. The next BlueInvest call 2020 with a budget of 20 M€ is planned to be published later this autumn with a deadline in mid-January 2021. Is your company ready to tackle the new opportunities enabled by the European Maritime and Fisheries Fund? Find out how Spinverse can help you get ready for the upcoming funding opportunity!
While waiting for European Commission to publish more details on their ambitious Horizon Europe programme, we would like to share some of the benefits your company would be able to reap by a successful proposal for funding through the programme. As Horizon Europe progresses, we can support you to stay up to speed with the latest developments by offering you a new service.
The European Working Group of Innovation Consultants (EWGIC) has published a new Position Paper regarding the agreement by European Council on the Multi-Annual Financial Framework (MFF) and the Next Generation EU budget. The Position Paper, released on the 24th of July 2020 makes a plea to European Parliament's decision makers to take swift action to prevent the Horizon Europe's budget cuts that threaten to slow down the recovery of Europe from the current economic crisis.
Horizon Europe: growth opportunities for thousands of innovative projects – are you ready for your next step?
Horizon Europe will be launched in January 2021 and extends until 2027. It is the European Commission's proposal for an ambitious programme worth close to 100 B€ to boost European research and innovation. Over the coming months, we can expect more detailed information on this programme and its strategic planning process, work programmes, funding calls and other relevant activities. If your company is interested in seizing the moment for future growth, now is the time to act! Spinverse has developed a new service to help you — find out how!
The European Commission has just launched the first call for proposals under the Innovation Fund, with over 1 B€ allocated for clean technology projects. This massive programme is meant for the projects for innovative low-carbon technologies and it is financed by revenues gained from the auction of emission allowances from the EU's Emissions Trading System.
The CHARM ECSEL JU project coordinated by Valmet aims to develop industrial IoT solutions with an improved tolerance towards harsh industrial surroundings. Digitalisation of the European manufacturing industries is the key to their continuous renewal and competitiveness. Harsh environmental conditions in manufacturing processes and end user environment may slow down the opportunities brought by IoT (Internet of Things) and AI (Artificial Intelligence). The CHARM project is set to solve this challenge.
Business Finland launched a competition in early 2020 for leading companies (so called Veturi companies) with international operations to challenge them to solve significant future problems and increase their research, development and innovation investments in Finland. Four leading companies with three projects were announced as the winners of the competition. Nokia, one of the four winning companies will launch a project called “Unlocking Industrial 5G” which allows the company to innovate new products, services and solutions in Finland and develop and commercialise them together with the companies in the local ecosystem.
The European Commission has announced a remarkable investment programme worth 10 B€ or more, focusing on highly innovative, mature technologies and big flagship projects that aim to bring significant emission reductions in Europe. We asked Risto Savolainen, our Vice President for the Sustainable Industries business unit, to shed more light into this topic.
Business Finland held an interesting webinar on EU funding recently and we collected some key messages for you in two parts. In this second part, we summarise what our Principal Consultant Eeva Viinikka shared regarding practical matters on how to get started with building the consortium and EU funding proposal. She knows what she is talking about: Eeva has supported our clients with EU applications at Spinverse for over six years and helped them secure funding worth millions of euros.
Nokia and its partners are targeting the global smart city markets, worth tens of billions of euros. The LuxTurrim5G ecosystem coordinated by Spinverse has just completed a one-of-a-kind piloting environment that boosts the development of new data-driven services for cities both in Finland and abroad. It covers the route from Nokia HQ Campus in Espoo, Finland, to the nearby Kera railway station. Comprising of 19 smart poles with the latest 5G technology and altogether 250 interconnected devices, it brings super-fast connectivity and extensive sensor network available for practical piloting of digital smart city services.
The LuxTurrim5G project has been progressing systematically from multi-disciplinary research to practice. The 5G smart pole concept does not only boast a 5G base station integrated into a light pole but also weather and air quality sensors, video cameras, displays, an electric vehicle charging point and other devices. The concept has now reached its piloting phase for practical applications. The extensive pilot network of 19 smart poles has just been completed in Espoo, covering areas at Nokia’s Espoo Campus and extending to the nearby Kera railway station. The smart poles, using the so called millimetre wave 5G technology, bring high-speed 5G connectivity and an extensive network of sensors within the reach of the users.
”This is a globally unique smart city pilot where a high-speed and low latency 5G network, an extensive sensor network and a data platform bring novel services to the city, its people and community,” says Pekka Wainio, Project Manager, Nokia Bell Labs.
”Local data collected by the various devices, cameras and sensors within the network can be used to produce a multitude of local services through the open interfaces of the data platform. We have received wide interest on how the surveillance cameras and radar devices can be utilised in overall security surveillance, traffic and road quality monitoring, for remote control of self-driving vehicles and in other transport and logistics services,” Wainio continues.
Joni Turunen, Project Director at Spinverse says: ”This is a unique opportunity for partners of the consortium to get access to a test platform where they can pilot new services utilizing high-capacity and fast 5G connectivity. Our pilot network includes three 26 GHz base stations by Nokia, 50 WiFi (60 GHz) devices, 75 video cameras, 49 different sensors monitoring air quality, weather, temperature and CO2 levels by Vaisala and others, nine radar devices (six traffic radars and three lidars), seven information screens, and a drone charging and landing station at the top of the pole (by Rumble Tools). What is more, all the devices are connected to a single data platform.”
From light pole to smart pole
The LuxTurrim5G smart pole is not a light pole, but completely new element forming an essential part of the key infrastructure of a smart city. The recently implemented smart pole version already serves as a pre-commercial pilot product which helps to design the actual smart pole product family. Tehomet Oy and Orbis Oy have been mainly responsible for the design and manufacturing of the pilot poles.
”This is the first large-scale smart pole pilot in Finland, and a globally significant project. The shift from traditional light poles to smart poles is a natural, but also a challenging task where every partners’ role matters. Currently we are already working with the next generation of smart poles and focusing on designing and productising a complete product family. Smart poles hold huge potential for global markets,” says Sami Huuskonen, Design Manager at Tehomet Oy.
Digital services for sustainability and smoother living
Espoo is going to transform the Kera area to a smart and urban district with at least 14,000 residents and 10,000 jobs in near future. Kera will become a showcase of sustainable urban development and an international reference case, where the city works together with its partners to create novel, clean and smart solutions to enhance the smoother living of its people. The future Kera will be a significant piloting ground for new solutions, paving the way to larger international projects. The role of Espoo as a pioneer of sustainable development appointed by the United Nations also promotes this approach. The LuxTurrim5G ecosystem and the new pilot environment is in key role in this development.
“Completing the Kera route pilot infra is an important milestone for the LuxTurrim5G ecosystem and a prime example of our intensive co-creation that brings results, even in these exceptional times. Now we are excited to move to practical piloting of different service concepts in the actual live environment, and welcome also new partners to exploit this unique testbed with us”, says Markku Heino, Ecosystem Leader from Spinverse.
The smart pole network will form the digital backbone of a smart city by providing high-speed connectivity and a versatile sensor network to collect a wide variety of relevant on-line data e.g. on environment, weather, traffic flows, public safety, usage of energy to be used by the city and companies for specific needs and to create holistic situational awareness. Cities have also big amounts of own data which often is not widely utilized.
The project has already been developing a data platform that is capable of processing large masses of data from various sources in a reliable and efficient manner. All this is important for building new data-driven services for the city needs. This lays the foundations to the development of the Kera area and helps us to validate our solutions for scale-up in international projects. Through this Espoo pilot, the LuxTurrim5G consortium shares an ambitious target to expand to global smart city markets, worth tens of billions of euros.
Spinverse coordinates the LuxTurrim5G ecosystem efforts with a team of three seasoned experts. Dr. Markku Heino as the Ecosystem Leader, and the two projects have dedicated Project Managers: Dr. Pekka Torvinen for the Neutral Host Pilot project and Project Director Joni Turunen for the LuxTurrim5G+.
Press release in full
White paper , Building the digital backbone for a smart city, May 25, 2020
On this video, you can hear more what Markku Heino, Juha Salmelin and Tommi Uitto from Nokia, Jukka Mäkelä from City of Espoo say about the LuxTurrim5G ecosystem:
Partners of the LuxTurrim5G ecosystem:
Nokia Bell Labs, Nokia, Premix, Teleste, Vaisala, Indagon, Rumble Tools, Orbis, Tehomet, Destia, Sitowise, Caruna, A-Insinöörit, Link Design & Development, Vedia, Agora Networks, Sensible 4, City of Espoo, Finnish Transport and Communications Agency (Traficom), VTT Technical Research Centre of Finland Ltd., Aalto University, University of Helsinki, Tampere University and Spinverse (coordinator of the ecosystem).
The project is funded by the participating companies and Business Finland.
Despite the global crisis or perhaps because of it, this is a perfect time to innovate, renew and collaborate. Why is that? We talked to our experts Laura Koponen and Patrick Halford to get an overview of how these times of uncertainty could actually benefit companies developing solutions in health, well-being and sustainability.