The Circular Bio-based Europe Joint Undertaking (CBE JU) continues to foster a sustainable, competitive bio-based industry in Europe with the announcement of its 2024 Annual Work Programme. The upcoming call for project proposals is set to allocate 213M€ across 18 different topics, aiming to stimulate innovation and growth within the circular bioeconomy.
CH-Bioforce to receive up to 15 M€ from European Innovation Council for building a new biomass processing plant
CH-Bioforce is a Finnish start-up known for one of the world's leading technologies to gently extract all the main components of biomass in one process. As the end result are pure biomaterials that provide new alternatives as sustainable feedstocks for industries developing for example chemical, textile and packaging applications. In summer 2022 CH-Bioforce secured a significant funding decision of up to 15 M€ from the EIC Accelerator to build a biomass processing plant in Raisio in 2024. Spinverse supported the company in their successful funding application process.
“The rapid growth of electrification of traffic and energy storages will create a large demand for skilled workforce in Finland.According to most estimates, the number of electric vehicles sold will grow by about 20–30 % annually until 2030.The size of the growth will lure skilled employees in an unprecedented manner. Also, our neighbouring countries will attract employees from Finland,” says Timo Ropponen, Director and Team leader for Manufacturing and Energy at Spinverse.
Is your company on a mission to reduce carbon emissions to fight climate change? To become climate neutral by 2050, Europe has to take drastic measures to reduce greenhouse gas emissions. To support this ambitious goal, European Commission has launched an Innovation Fund programme to fund both large-scale and small-scale projects that demonstrate low-carbon technologies. Read on to find out if your SME company or a consortium you are part of is eligible to have your fair share of the 10 B€ available through this massive funding programme over the period of 2020-2030 — the next small-scale call has just been launched!
Wärtsilä launches Zero Emission Marine ecosystem to accelerate the transition to a sustainable marine industry
Business Finland will allocate 20 M€ in the Zero Emission Marine (ZEM) ecosystem project of Wärtsilä. As an ecosystem leader, Wärtsilä will launch an extensive RDI project together with close to 200 actors, who share a goal of creating a zero-emission ecosystem for the marine industry. Spinverse team will support in commencing the four-year project developing cutting-edge sustainable technologies to reach its ambitious goals. Spinverse experts will help the project in setting the groundwork and creating an efficient operating model for the ecosystem.
Borealis Finland has received 20 M€ in funding from Business Finland to launch their innovative SPIRIT programme (Sustainable Plastics Industry Transformation). As project leader, Borealis Finland will coordinate research and development efforts among a wide range of existing and new partners. Spinverse team will help Borealis to build and lead the ecosystem and related projects needed to fulfil the ambitious mission.
The CBE partnership worth 2 billion euros between the European Union and the Bio-based Industries Consortium (BIC) is the successor of BBI partnership. Bio-based industries are considered to be a key enabler of the green transition towards a resilient and environmentally sustainable EU economy. The CBE JU’s Strategic Research and Innovation Agenda (SRIA) and the Work Programme for 2022 are expected to be adopted in Q1-Q2 of 2022, after which the first CBE JU call for project proposals will be launched, bringing growth opportunities to companies working in this sector.
Is your company on a mission to reduce carbon emissions to fight climate change? To become climate neutral by 2050, Europe has to take drastic measures to reduce greenhouse gas emissions. To support this ambitious goal, European Commission has launched an Innovation Fund programme to fund both large-scale and small-scale projects that demonstrate low-carbon technologies. Read on to find out if your SME company or a consortium you are part of is eligible to have your fair share of the 10 B€ available through this massive funding programme over the period of 2020-2030 — the next small-scale call is approaching early next year!
Solving the critical environmental and societal challenge of recycling ever-growing piles of discarded textiles is the goal of the New Cotton Project. New Cotton will demonstrate the production of high-performing circular textiles and launch them to the consumer markets. The core of the solution is Infinited Fiber Company’s new innovative technology, which is an affordable and environmentally sustainable way to turn textile waste into cotton-like fibres with superior qualities. Spinverse funding experts helped secure EU Horizon 2020 funding for this exciting 8.9 M€ project, where Infinited Fiber Company acts as the project lead.
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!