The European Association of Innovation Consultants published its first collective report to help European Commission in their work to inform the industries on the deployment of Next Generation EU funding instrument, the largest economic stimulus ever funded by the EU. As one of the founding members of EAIC, Spinverse has also contributed to this report, called "A Guide to Next Generation EU for industry to better understand and seize its opportunities".
Public Funding (2)
Spinverse is part of successful EDIDP consortium focusing on developing next generation defence capabilities
Patria Land is leading a defence industry consortium that has now been selected as part of the European Defence Industrial Development Programme (EDIDP), an industrial programme of the EU. As part of the EDIDP, the program focuses on Ground Combat Capabilities (GCC) to develop the next generation armoured platforms and upgrade the current ones. Patria Land acts as the industrial coordinator of the EDIDP-GCC-2020 and has formed a consortium called FAMOUS (European Future Highly Mobile Augmented Armoured Systems) to execute the program. The consortium includes 19 leading European defence companies from different countries. Spinverse supported the planning and preparation of the winning FAMOUS project proposal and will help Patria Land to coordinate the project.
EDIDP is a defence industry development program designed to support the competitiveness and innovation capacity of the Union's defence industry. The EDIDP is the first EU-funded program to develop defence capabilities, with a financial envelope of 500 million euros. The selection for the EDIDP program was made in June 2021 and the actual start of the project will take place in autumn 2021. The GCC project led by Patria will last 24 months.
Energy ECS project develops smart and secure energy solutions for future mobility and green-energy transition
A new project with 30 participants from eight European countries will pave the way for an emerging new European business and technology ecosystem aimed at tackling various energy-related challenges for the future of mobility. The project accelerates Europe's decarbonization goals for 2050. The project consortium and proposal were built with the help of Spinverse.
Horizon Europe, the landmark research programme for the years 2021-2027, has finally launched with the official opening of its first collaborative calls. The budget of 95.5 B€ for the next seven years will offer strong support for projects related to topics such as health, digitalisation and green transition. Innovative small and mid-sized enterprises will also be able to benefit from the various funding opportunities under the programme.
Circular biocarbon project secures 15 M€ to build the first European refinery for municipal solid waste and sewage sludge
Urbaser, a global environmental management company, and their subsidiary Socamex, will lead a pan-European CIRCULAR BIOCARBON project, launched in summer 2021. The project aims to build the first biorefinery for municipal solid waste and sewage sludge in Europe. Spinverse supported Urbaser at the project proposal phase. As a result of a successful grant application, the circular biocarbon project will be partially funded by 15 M€ from Bio-based Industries (BBI) Joint Undertaking subsidy provided by the European Commission.
The collaboration within the LuxTurrim5G ecosystem, driven by Nokia and coordinated by Spinverse, has progressed nicely despite the challenges posed by the COVID-19 pandemic. The extensive company consortium developing a digital platform for the smart city has now reached an important milestone when its key element, the 5G smart pole, has progressed from the development stage into the pre-commercial product. It is in fact a product family of smart poles, which can meet the various needs of cities. The modular structure allows for poles in different sizes, integration of various devices, and implementation of required digital services based on usage and surrounding area. The ecosystem partners are currently working on finalising the collaboration model to bring the product to markets.
Spinverse health tech and funding experts have been supporting Helsinki University Hospital (HUS), the largest academic medical centre in Europe, in some of their publicly funded research projects and activities related to EU funding applications. We discussed with Suzan Ikävalko, Senior Research and Innovation Manager at HUS, on the importance of EU funding as means to boost innovative research projects and collaboration with other parties.
Spinverse helped VIOBOND project to secure 16 M€ funding to develop technology that replaces fossil resources with renewable lignin
Phenolic resins are one of the most versatile polymers yet invented. Spinverse recently supported the VIOBOND consortium to secure funding of 16 M€ from the Bio-based Industries Joint Undertaking (BBI JU) grant. VIOBOND project with a total budget of 35 M€ is led by Latvijas Finieris, and it aims to help build a sustainable and safe flagship plant for large-scale production of lignin phenol-formaldehyde (LPF). In this project, lignin will be used to partially substitute hazardous chemicals of fossil origin.
Eurostars is a public funding instrument dedicated to innovative, research-driven small and mid-sized enterprises who want to join forces with other like-minded companies. Successful applicants are in for grants worth an average of 1-2 M€ each to boost their civilian projects aimed at developing new products, processes or services. The funding instrument stimulates international collaborative research and innovation projects that will be rapidly commercialised.
This information has been updated based on the EIC Fund Investment Guidelines v. 3.0 published 22.04.2021. A copy of the document can be browsed here under for more information.
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!