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.
Public Funding (5)
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.