- News article -

Spinverse success rate in EU-funded FP7 program is 100%

25 Sep 2014

According to the recently published statistics of Finland’s participation in the EU’s 7th framework program, Spinverse is in third place as to the number of projects out of all Finnish SMEs, totaling to seven funded projects. The success rate for Spinverse for the application to funding ratio is 100%.

Overall, during the 7th Framework program, Finland received in total 867 MEur of funding out of which only 20 % went to Finnish companies and the rest to research institutes, universities and other similar organisations. Finland is still receiving 1,18 times more funding than it is contributing, however, the number has been decreasing towards the end of the program. Finland’s seven-year success rate has been 21,35% which is above the EU-average with the peak being in 2009. In 2013 and 2014 Finland’s success rate fell below the EU-average. On many measures, such as funding per researcher and amount of projects coordinated, Finland has done worse than its peers Sweden and Denmark.

For the full report visit here (in Finnish).

 

Example of a Spinverse EU-project: IP4Plasma – Industrial innovations based on EU intellectual property assets in the field of atmospheric pressure plasma technology

The 4,8m EUR project consists of 9 partners namely atmospheric pressure plasma equipment manufacturers and end-users, who will work with leading experts in research and technology innovation to overcome the barriers to commercial application of a unique intellectual property right (IPR) portfolio. The aim is to bring cutting-edge IPR-protected innovations from the laboratory scale to industrial implementation for advanced surface treatment of materials. This will be done by demonstrating the suitability of the technology for existing and new industrial applications in the medical products and diagnostics sector.

For more info visit the IP4Plasma website

- News -

Relevant posts

Public Funding Spinverse News

Economic growth needs innovation and long-term projects — where is the needed public funding?

18 Sep 2020

The Finnish economic success has been based on high-quality education and research. However, Finnish compani...

Public Funding Horizon Europe

Latest news about Horizon Europe and other growth opportunities beyond 2020

16 Sep 2020

Horizon Europe, the EU’s next framework programme for research and innovation, is approaching fast after t...

ecosystem Our People Spinverse News

A must-read: Ecosystem Handbook - The art of leading and creating impact

9 Sep 2020

In today’s rapidly changing world, very few organizations or people can make it alone. At best, orchestrat...

ICT Public Funding innovation ecosystem

Spinverse helped ELISE project to gain 12 M€ funding – project aims to make Europe powerhouse of AI

4 Sep 2020

The goal of the European multi-disciplinary ELISE project, recently funded with 12 M€ by the European Comm...

Client News SME EIC Accelerator

Revolutionary microphone technology from Norway

25 Aug 2020

Spinverse recently helped the Norwegian start-up sensiBel in securing the 2.5 M€ grant and 4.2 M€ equity...

Our People Spinverse News

Celebrating success: promotions and a new face in the Sustainable Industries team

24 Aug 2020

When our customers succeed, we succeed. So do our employees. The new promotions in the Sustainable Industrie...