Insights

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.

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.

Spinverse focuses on growth and expansion. Since May 2016, we have opened a new office in Sweden and significantly reinforced our team of experts.

Disrupt or Be Disrupted: do you know what will reshape your industry?

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.

Spinverse has recently opened a new office in Stockholm. Located at the Ringvägen 100, at the heart of the central Stockholm district of Södermalm, the new address offers excellent connections around the "Venice of Scandinavia" for the Spinverse team.

Euronews just published a fascinating piece on Spinverse-coordinated EU project IP4Plasma, exploring superpowers of plasma for innovative rapid tests for tuberculosis and HIV.

According to the recently published statistics from the European Commission, 50 innovative small and medium-sized enterprises (SMEs) from 14 countries have been selected in the latest round of Horizon2020 SME Instrument Phase 2. This time Spain stole the crown with 14 accepted projects, while Finland took fourth spot with 5, after Germany and France with 8 and 6 respectively.

Following the universal tendency, the European Union is striving to achieve ambitious energy and climate targets by 2020, including 10% requirement of renewable fuels in the transport sector. In many of those energy conservation measures and in terms of efficiency of energy use, Finland numbers among the leading countries in the world. Finland relies heavily on the energy efficiency as the source of most of the country’s cleantech business value.

Bioenergy – a renewable energy derived from biomass – is playing a vital role in many geographical areas. Currently, it is estimated to provide around 10% of the world’s primary energy supply.
In accordance with a global trend, Finland is acknowledged for its long and successful history in bioenergy, especially in forest biomass-based solutions. The high performance in turn has been enabled by innovative technology and engineering solutions as well as strong supporting research sector.