Innovation Challenge

Find out-of-the-box ideas to boost your innovation strategy

Contact us

- In a Nutshell -

New ideas and partners for joint collaboration

Is open innovation part of your strategy? Do you want to access the possibilities of new technologies? Are you looking for new ways for collaborative R&D? Spinverse has developed the Innovation Challenge concept to strengthen the role of open innovation in our customers' strategies. Launching an Innovation Challenge will help you to find new ideas, solutions and committed partners to solve your critical challenges and to build new business. Spinverse has a track record in arranging a variety of Innovation Challenges for large corporations, which have led to joint development and piloting of the winning solutions in practical applications.

- Contact us -

Want to find out more about the Innovation Challenge? Contact us now!

Mikko J. Salminen

Director, Open Innovation, M.Sc. +358 50 387 0007

- Service breakdown -


Managing and facilitating the entire Innovation Challenge so that you can select the best ideas according to your needs

Defining the challenge

Our experienced team assists you in determining a clear scope for the Innovation Challenge

Finding the right candidates

Identifying and activating potential candidates from extensive contact networks


Ensuring that submitted proposals match your specific challenge by providing coaching for finalists

Facilitating the final event

Customizing a final event, in which finalists present their solutions and you select the winners

Begin collaboration

We can help you to build and run co-development projects with the winning solutions

- See our Innovation Challenge references -

Read about our work

Open Innovation Challenges

Valmet Innovation Challenge

Together with Spinverse, Valmet launched an innovation competition for companies and teams in the area of improved safety and efficiency of future field services in the energy, pulp and p...

Open Innovation Challenges

Fortum Innovation Challenge

Fortum and Spinverse sought ecological ideas to increase housing cooperatives’ living comfort in an innovation contest directed to small- and medium-sized enterprises.

Open Innovation Challenges

Fingrid Innovation Challenge

Finding new partners and out of the box project ideas that that can be implemented within five years to further develop Fingrid’s transmission grid maintenance.

Open Innovation Challenges

Gasum Innovation Challenge

Funding external partners and ideas for “use of more natural gas in traffic” – Scouting for new businesses and technologies in the field of natural gas

- Our Clients -

- News -

Recent news about Innovation Challenge

Innovation Challenge competition energy

Submit your idea to the Fingrid Radio Frequency Interference monitoring challenge

13 Aug 2019
Innovation Challenge SME Spinverse News

Innovation Challenge as a springboard to success

17 Jul 2019

While Spinverse Innovation Challenge allows the large companies looking for new ideas to find truly out-of-t...

Innovation Challenge Digital Fiber Initiative

Top Data Science won the Digital Fiber Ecosystem Innovation Challenge

12 Jun 2019

The Digital Fiber Ecosystem, jointly organized by Siemens and Spinverse, has finalized its Bio-Based Industr...

Innovation Challenge Digital Fiber Initiative

Digital Fiber Ecosystem Launches Bio-Based Industry IoT Innovation Challenge

28 Feb 2019

Industrial Internet has become an essential part of innovation in process industries, but utilization of dig...

Innovation Challenge

Shared victory in SmartSteel Innovation Challenge

17 Dec 2018

A shared victory between Fraunhofer Institute IPM from Germany and Luleå University of Technology from Swed...

Innovation Challenge challenge innovation

Innovation Challenge looking for ideas on Fingerprint identity for steel product recognition

19 Sep 2018

Currently, tracing of steel products is possible via physical markings. The vision is to provide the opportu...