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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.
130
participants
10
finalists
€100 k
in prizes
Key numbers
Use of more natural gas in traffic
In 2015, Gasum wanted to find new partners with innovative ideas and solutions for better utilization of natural gases. In the center of the competition were specifically solutions, which enhance the usability of natural gas in traffic. A whopping 130 ideas were received from a bunch of great teams, of which ten were selected to take part.
How we reached the goals
Spinverse was chosen as partner to take care of one-day-workshops and coach the ten finalists in conveying a credible presentation of their ideas and charm the jury.
Key takeaways
After two rounds of finals, a renowned jury of ten people selected the top two. The winner of the competition was a Finnish bio gas and bio diesel manufacturing plant producer BioGTS, who received a prize of €75,000 with their Bioboksi solution. The second place award and €25,000 went to ProGas.
All in all, the competition brought many new partnership and business opportunities to Gasum, who wishes to continue collaboration with the awardees after the competition. Spinverse's help improved the pitches of the finalist start-ups by a mile, fitting better the expectations of potential investors.
Photo credit: Gasum
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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