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 paper industries.
62
participants
9
finalist teams
4
winner teams
Key numbers
Improved safety and efficiency of future field services in the energy, pulp and paper industries
Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. In 2018, Valmet wanted to co-develop for improved safety and efficiency of future field services in the energy, pulp and paper industries.
The winners were given the chance to pilot their solutions with Valmet in a real-life environment, and world-class expertise in the manufacturing industry. The goal was to find innovative ideas that make it possible to develop successful collaboration with Valmet into a long-term partnership.
How we reached the goals
Spinverse defined the project's scope according to Valmet's needs, which included pitching ideas and showcasing demos. Together we defined the focus area of the innovation competition and the value propositions for the potential partners.
The project management was tasked to Spinverse, along with communicating with participating companies. We organized workshops, opened the call and activated potential applicants. We also held coaching for the finalists and arranged the pitching session at the Demo day event.
Key takeaways
In total, 62 excellent applications were received, evaluated and ranked. Applicants represented a wide range of industries and consisted of small firms, large corporations and university research teams. Nine finalist teams were chosen to present their ideas and solutions to a jury of Valmet experts. Four winner teams were chosen and they will continue collaboration with Valmet.
Photo credit: Valmet
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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