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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.
Fingrid Innovation Challenge
Together with Spinverse, Fingrid launched a matchmaking programme for companies looking for partnerships and new growth in the area of transmission grid maintenance.
Fingrid is always looking to make new innovations to improve the reliability and safety of its electrical network. In this case Fingrid wanted ideas regarding power grid maintenance to find partners with whom the collaboration could flourish also in the future.
How we reached the goals
Spinverse took care of the project management and communication with partners throughout the project. We planned and ran workshops, opened the call and activated partners to join. A part of our task was also coaching selected candidates to further develop their ideas.
Key takeaways
In total, 36 applications were submitted, evaluated and ranked according to previously set criteria. A jury of Fingrid experts then chose four winners to co-develop the ideas further. The selected winners were Empower with their VR solution, Noiseless Acoustics with an acoustic camera to detect out-of-the-ordinary sounds, Scoopshot with a crowdsourcing solution for malfunction detection and Vaisala with a completely new measuring technology to detect failures early. Fingrid supplies the winners with €10,000-30,000 in funding for the piloting.
Photo credit: Fingrid
About the project
The LIFE Lit4Nature aims to establish a stronger, evidence-based system for biodiversity conservation and restoration across Lithuania. Major focus will be placed on strengthening the national biodiversity monitoring system, improving data collection and integration and on introducing innovative monitoring approaches to support evidence-based conservation and restoration decisions.
Impact of the project:
The project aims to boost stronger biodiversity and ecosystem recovery across Lithuania through nationwide conservation and restoration. Further, it wants to achieve better national coordination for efficient and well targeted conservation measures and their funding.
Funding instrument LIFE Programme
Spinverse’s role
Spinverse experts supported the coordinator throughout the two-stage LIFE Strategic Nature Project application process from concept note development to submitting the final proposal.
The support included workshops that brought together the proposal team to sharpen the project concept and focus the application on the most relevant and critical aspects of Lithuania's
Prioritised Action Framework for Natura 2000 and the forthcoming National Restoration Plan.
Spinverse’s strategic guidance, hands-on support and thorough quality reviews helped us focus on the critical aspects, strengthen the proposal logic and present its impacts convincingly. Their LIFE expertise gave our team confidence and contributed significantly to the proposal’s high quality and successful funding outcome.”
Supporting the UN Sustainable Development Goals
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