Spinnova receives Business Finland R&D grant for developing SPINNOVA® fibre from new raw materials
SPINNOVA PLC, PRESS RELEASE 14 AUGUST 2023 AT 11 A.M. EEST Spinnova receives Business Finland R&D grant for developing SPINNOVA® fibre from new raw materials Spinnova has received a grant of maximum EUR 1.9 million for its research and development (R&D) work from Business Finland for the period 15 April 2023 – 14 April 2025. The grant amount represents 50% of the project’s total cost estimate totalling EUR 3.9 million. The product development project aims for pilot-scale production of SPINNOVA® fibre from textile and agricultural waste streams. The refining environment to