News

  • 07 Nov

    Erik Raita to provide innovation expertise for European Commission Research Executive Agency

    European Commission Research Executive Agency REA invited Karostech’s Senior Consultant Erik Raita to participate the evaluation of two EU funded research projects in Innovation Expert role. Project meetings took place in Paris and Brussels and the task of Innovation Expert is to assess project outcomes from the innovation potential perspective. Both projects were funded under Horizon 2020 Fostering Novel Ideas: FET-Open program and involved multiple participants from the leading European research organizations and universities, including Oxford University and Sorbonne University.


  • 13 Sep

    Karostech selected to conduct two innovation strategy projects funded by Business Finland

    Karostech was selected as a service provider in two innovation strategy projects funded within the Innovation Voucher instrument by Business Finland. Within the scope of these projects we help two innovative start-ups, ILEDea Oy and Everfill Oy, developing their commercialization strategy. According to rules of the Innovation Voucher, the funding is issued to the applicant company (an innovative start-up). The service provider is then approved by Business Finland and the funding is used directly to purchase advisory services of the selected service provider.

    Everfill is a biomedical spin-off from the University of Tampere. It has utilized its unique know-how in human tissue engineering to develop a revolutionary wound and scar care product, which can also be used for wrinkle filling.

    ILEDea designs and manufactures highly energy efficient LED luminaries for street and industrial lighting. These luminaries are equipped with an embedded IoT gateway, which turns the lighting into the easy-to-implement, highly robust and cost-effective IoT infrastructure for smart buildings or smart cities.

  • 11 Jun

    Process Genius successful with Horizon 2020 SME Instrument funding

    Karostech gained another success story with funding from European Commission as our customer Process Genius received SME Instrument Phase 1 funding. Process Genius has developed a revolutionary 3D user interface of the Industrial Internet of Things. It turns any physical environment (production plant, utility, etc.) into its virtual model, a digital twin, utilizing the cutting edge 3D graphics.

    SME Instrument is intended for commercialization of disruptive innovations and thus very much wanted among European SME’s. With this new successful reference Karostech strengthened its position among the most successful SME Instrument consultants in Finland.

  • 06 Jan

    Karostech’s customers successful with SME Instrument funding from European Commission

    In December 2017, Karostech’s customers Physilect and Angular Velocity (via our collaboration partner Inspiralia) were selected among six other Finnish companies to receive funding from highly competitive Horizon 2020 SME Instrument. H2020 SME Instrument is intended for commercialization of disruptive innovations and thus very much wanted among European SME’s. The competition for grants is extremely hard and requires passing through very tight evaluation procedure. Only 193 companies out of 2.600 applicants were funded at November cut-off.

    In addition, four other applications during two last cut-offs in 2017 (two Phase 1 and two Phase 2) received a Seal of Excellence from European Commission. The Seal of Excellence is the high-quality label awarded to projects which were deemed to deserve funding but did not receive it due to budget limits. It recognises the value of the proposal and supports the search for alternative funding.

    With these success stories Karostech strengthened its position as one of the most successful SME Instrument consulting partner. So far we helped four SME”s from Finland and The Netherlands to gain more than EUR 2 million funding from H2020 SME Instrument. There”s more to come in 2018 as Seals of Excellence will be turned into grants in upcoming funding rounds and new proposals will be submitted for new customers.

    Contact our experts to learn more about our services.

    By admin News
  • 16 Sep
    Kirsi Mononen joined Karostech

    Kirsi Mononen joined Karostech

    Karostech got a strong boost as Kirsi Mononen joined our team in August. Kirsi is a seasoned expert in science and project management with 20 years background in education, research, development and innovation in universities, research institutes and in private sector. She holds Ph.D. in chemistry and she is a qualified vocational teacher and a qualified member of board, too. Her main areas of expertise are materials chemistry, wood chemistry, bio economy as well as training and RDI funding.

    In her field of expertise, Kirsi is a member of expert community extending from SME’s to research organisations and academic institutes. During her career, she has helped projects, businesses and individuals to grow. Kirsi lives in Eastern Finland. She is fluent in Finnish, English and German.

    With Kirsi onboard Karostech’s core expertise has widened to bioeconomy and forestry sectors.

  • 25 Dec

    Karostech’s Dutch customer gets funding from Horizon 2020 SME Instrument

    We are glad to announce that Karostech’s customer Part-up BV from the Netherlands has been granted with Horizon 2020 SME Instrument Phase 1 funding. Part-up has developed a competence platform –  partup.com , which is used for building effective teams by the help of a sophisticated skill matching algorithm. The platform can be implemented by large corporations, universities, start-up accelerators, etc. in order to facilitate more powerful teams and thus boost the innovation potential.

    Two other applications assisted by Karostech have received Seal of Excellence given by the European Commission to those companies, whose applications have been evaluated above the qualification threshold, but haven’t got funding due to budgetary restrictions of the specific call or topic. See more information about the Seal of Excellence on the official website of the European Commission:

    https://ec.europa.eu/research/regions/pdf/seal_of_excellence_flyer_2015.pdf

    Karostech is dedicated to work with these customers in order to achieve funding in the upcoming rounds.

  • 15 Nov

    Karostech invites top European H2020 SME Instrument experts to Helsinki

    Karostech and the leading European SME Instrument fundraiser Inspiralia (Spain) invite you to the Horizon 2020 – SME Instrument event that will take place on Tuesday Nov. 29 at 18:00–21:00 in the Radisson Blue Royal Hotel, Runeberginkatu 2, Helsinki downtown.

    Registration to the event: https://www.surveymonkey.com/r/H5BY5LS.

    The SME Instrument is a funding tool under the Horizon 2020 program from the European Commission. Its main target is to make the European Union more competitive and innovative by funding European Innovative SMEs with grants from 0,5 M€ up to 2,5 M€ to help them developing new products and launching them successfully to the market. See more detailed information: http://ec.europa.eu/easme/en/horizons-2020-sme-instrument

    In this informative workshop experts from Inspiralia will introduce the funding opportunities from the EC to Finnish Innovative SMEs. The event is co-organized by: Oy Karostech Ltd, Lähienergialiitto (Finnish Clean Energy Association), Urban Mill, ReWork of Work Facebook community, and Kasvusaari Oy. There will be also an opportunity to have a face to face meeting with Inspiralia’s SME Instrument experts on 30.11. at the same venue. Optionally, tue 29.11. before the event is also possible to meet Inspiralia’s expert Guillermo Palacios. Contact Ilkka Kakko ilkka.kakko (at) karostech.fi to book your time.

    The Agenda:

    • Welcome and introduction
      • Ilkka Kakko, Karostech
      • Pilar Cocera, Inspiralia
    • Inspiralia : What we do?
    • What is the SME Instrument?
      • Structure Phase1-Phase2
      • Topics and typical funded projects
      • Next opportunity and timeline
    • How to know if you are a winner?
      • Excellence in the technology
      • Market impact
      • Implementation
    • Inspiralia’s Key Differentiator
      • Validation
      • Rigorous Process
      • Dedicated teams of experts
    • Q&As
    • Coctails and snacks

     

    About Inspiralia

    Inspiralia is an international New Product Development Company which helps SMEs bring their innovative products and solutions to the market. Inspiralia offers a 360º innovative development process from validating the idea, finding financing, developing the project into a product within our technical facilities and laboratories as well as launching it to the market. You can have an overview of what we do best in the attached video link: Clip Inspiralia.

    At Inspiralia, we are always on the search for innovative ideas that will change tomorrow´s society and the necessary funding to bring these to market.  Our results have enabled us to become European Leaders within Horizon 2020’s SME Instrument funding programme:

    • Inspiralia has an accumulated success rate for Phase 1 financed proposals of 80%, compared with a 6% European average. Currently we are supporting 182 happy clients with their applications for Phase 2.
    • Inspiralia won the 10% of all available SME Instrument Phase 2 funding EU wide for their clients so far, with 33 delighted clients currently executing Phase 2 projects.

     

  • 06 Oct

    Two new customers to cooperate with us regarding their Horizon 2020 SME Instrument applications

    We have signed cooperation agreements with two new customers regarding the advisory services. Erik Raita and Ilkka Kakko will be assisting Solixi Oy and Coctio Oy with their Horizon 2020 SME Instrument applications.

    Solixi develops innovative solutions in the area of renewable energy, see www.solixi.com.

    Coctio is a global pioneer in the industrial bone broth and sauce manufacturing equipment, see www.coctio.com.

     

  • 24 Sep

    Karostech’s Vucability Assessment tool introduced at Global Innovation Forum

    Karostech has worked intensively together with some of the new experts in its partner network in order to conceptualize and design the first version of Vucability Assessment tool. The first version of the tool has been launched September 21st in Indonesia at Tangeran Selatan Innovation Forum with vast international audience.
    VUCA is a term originally created within US Army to describe the volatile (V), uncertain (U), complex (C) and ambiguous (A) times we are facing today. Vucability assessment tool, named as the evaluation and mapping system of the VUCA approach (EMS-VUCA 1.0) is a three dimensional model, where the vucability level of a company/ecosystem/region can be evaluated and improved based on the evaluation results.

    By Ilkka Kakko News , ,
  • 08 Sep

    Four H2020 SME Instrument applications submitted by our customers to Sep. 7 cut-off

    We have been again actively helping SME’s to attract Horizon 2020 SME Instrument funding from European Commission. Four applications, three from Finland and one from The Netherlands, have been submitted by our customers to the recent Phase 1 cut-off date. Two of them belong to Accelerating market introduction of ICT solutions for Health, Well-Being and Ageing Well topic (SMEInst-06) and two were submitted to Open Disruptive Innovation Scheme topic (SMEInst-01). All four applicants have very good potential to get approved to Phase 1. We’ll publish results by the end of October, so stay tuned!

  • 29 May

    Ilkka Kakko speaking about engagement platforms at Open Innovation 2.0 conference

    Ilkka Kakko was invited to have an introductory speech in panel session “Open Engagement Platforms as Value Enabler” at Open Innovation 2.0 conference in Amsterdam. His novel approach comparing pipeline-thinking with platform-thinking gave the audience some new insights which were further elaborated in Challenge Cafe discussions on the following day.
    The presentation can be viewed and downloaded here.

    open-innovation-2-0-conf-amsterdam

  • 05 May

    Our customer Polarsol Oy approved for Horizon 2020 SME Instrument Phase 2 funding

    Erik Raita and Ilkka Kakko have helped a customer company Polarsol Oy to get Horizon 2020 SME Instrument Phase 2 funding. After signing the Grant Agreement with the European Commission Polarsol will receive 2+ MEUR grant for implementation of the development project aiming at commercialization of its disruptive heat management concept based on the efficient use of the renewable energy.

    Polarsol is among five Finnish SME’s approved to Phase 2 during the last application round and still the only one in the North-Karelia region to get H2020 SME Instrument funding. See the full list of beneficiaries here.

  • 23 Nov
    3GSP tour in Mongolia

    3GSP tour in Mongolia

    Ilkka Kakko was invited by the Minister of Education and Science of Mongolia Mr. Gantamuur to five days visit to Mongolia. The comprehensive program was set up by the personal meeting with the Minister on the first evening and followed by visits in the leading universities and research organizations. During the discussions Ilkka gave several introductory speeches and a full two hour lecture to the students of Mongolian University of Science and Technology about serendipity management. The conclusive remarks were given in an TV interview at ‘Jargal de Facto show’ and one interview in the main national newspaper.

    Mongolian hospitality was fantastic and people very friendly, but the innovation system and infrastructure needs urgent renovation. We are looking forward to continue the collaboration in the area of science park development in Mongolia. By implementing our 3GSP model the country has a great opportunity to make a tiger leap towards the science parks of the third generation.

    jargaldefacto-tv-show

  • 14 Nov
    Workshop on Third Generation Science Park Concept at Innopolis Foundation, Daejeon

    Workshop on Third Generation Science Park Concept at Innopolis Foundation, Daejeon

    Ilkka Kakko was invited to have a workshop with the participants of Innopolis Foundation’s International Training Program. The title for a half-day event was ”Workshop on Third Generation Science Park Concept” and there were about 30 attendees, mainly STP managers and governmental policy makers from 15 countries.

    The introductory presentation by Ilkka and the following work in small teams generated a lot of dialogue and the feedback after the event was really positive. This session held on November 12th was part of a continiuos collaboration between Innopolis Foundation and Karostech, which started earlier on the summer, when Dr. Seo from Innopolis Foundation was in Finland on a visit organized by Karostech.

    Innopolis Foundation is the leading creative economy driver in South Korea and is promoting new technologies and markets. The focus in their strategy is to:
    • Commercialize public technology and activate start-ups or business foundation
    • Professionalize the commercialization mechanism
    • Create open ecosystems for the growth of INNOPOLIS

    The workshop slides can be found here.

  • 25 Sep
    Ilkka Kakko presenting platform thinking in UNESCO/WTA International Workshop 22.9.

    Ilkka Kakko presenting platform thinking in UNESCO/WTA International Workshop 22.9.

    Karostech’s Founder Ilkka Kakko was invited to prepare a paper and make a presentation at UNESCO/WTA International Training Workshop in Daejeon, Korea. The audience of 150 people consisted mainly of science park managers, highly ranked governmental officers and representatives of academic institutions, mainly from the developing countries, in which the economy is booming.

    The response was positive, Ilkka received straight away invitations to have a training day in Korea on November and also to visit Mongolia as a keynote speaker in their annual Innovation Forum this year.

    You can download the paper here and the presentation here.

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