Spinnova has been granted a Business Finland R&D loan for developing its fibre production technology
SPINNOVA PLC, PRESS RELEASE, 28 October 2024, 1:00 pm EET Spinnova has been granted a Business Finland R&D loan for developing its fibre production technology Spinnova has been granted an R&D loan by Business Finland of a maximum of EUR 12.7 million for its research and development (R&D) work for the period 5 July 2024 – 31 December 2027, which is divided into two phases. The loan amount in the first phase totals EUR 7.7 million, lasting two years. The loan amount of the second phase, lasting one and a half years, is evaluated to be EUR 4.9 million. A prerequisite for