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Shipping companies are actively looking for solutions to reduce fuel consumption and environmental emissions of vessels, particularly due to the recent fuel price instability as well as the forthcoming environmental regulations. Spinverse customer Norsepower is ready to address this challenge utilising new technology, advanced materials and leading-edge control system.
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.
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.