Tag Archives: INNOVATION

University of Bristol Leads £1.8 Million Initiative to Boost Innovation in Small Financial Services Firms

(IN BRIEF) The University of Bristol is spearheading a pioneering £1.8 million program, called Future Finance for All, aimed at accelerating innovation adoption in small and medium-sized enterprises (SMEs) and mid-tier financial services firms. Backed by Innovate UK and the … Read the full press release

The Dutch Research Council (NWO): KIC Funds Three Projects for Accelerating Mission-Driven Innovation through Collaborative Research

(IN BRIEF) The Knowledge and Innovation Covenant (KIC) has awarded funding to three projects under the ‘Collaboration in mission-driven innovation’ call. These projects involve interdisciplinary consortia of knowledge institutions, private entities, and public partners. The research aims to explore ways … Read the full press release

SGS Launches Cutting-Edge Crop Science Experimental Station in Benacazón, Spain, Boosting Agricultural Research and Innovation

(IN BRIEF) SGS has established a new experimental field station for Crop Science in Benacazón, Spain. The facility, which includes walk-in plant growth chambers, greenhouses, and specialized laboratories, aims to support crop scientists in their research and enable integrated pest … Read the full press release

BASF to Boost Production Capacity of OPPANOL® B Polyisobutenes by 25% to Meet Rising Global Demand

(IN BRIEF) BASF, a leading chemical company, plans to increase the production capacity of its medium-molecular weight polyisobutenes (OPPANOL® B) at its Ludwigshafen site in Germany by 25%. The decision comes in response to the growing global demand for high-quality … Read the full press release

CAF MiiRA and Euskotren Join Forces to Quiet Trains and Enhance Rail Travel Experience

(IN BRIEF) CAF MiiRA, a leading supplier of comprehensive wheelset solutions for the railway industry, is collaborating with Euskotren, a prominent transportation operator in Euskadi, to reduce train noise by testing innovative wheel soundproofing systems. The goal is to minimize … Read the full press release

AXA Launches AXA Secure GPT, an Internal Secure AI Platform for Employee Use

(IN BRIEF) AXA, the insurance company, has introduced a new internal service called AXA Secure GPT, which is built on Microsoft’s Azure OpenAI Service. Developed in collaboration with Microsoft, this service offers AXA employees access to a secure digital platform … Read the full press release

European Investment Bank and Bulgarian Development Bank Collaborate to Enhance SME Financing in Bulgaria

(IN BRIEF) The European Investment Bank (EIB) and Bulgarian Development Bank (BDB) have signed a €175 million loan agreement to improve access to finance for small and medium-sized enterprises (SMEs) and mid-caps in Bulgaria. The loan aims to support companies … Read the full press release

Ahlstrom, adapa, and Maped Introduce Sustainable Fiber-Based Packaging Solution for Erasers

(IN BRIEF) Ahlstrom, adapa, and Maped have collaborated to develop a groundbreaking flowpack solution for eraser packaging. Using Ahlstrom’s Cristal™ base papers, a transparent paper alternative has been created for traditional plastic or film substrates. The fiber-based window packaging provides … Read the full press release

Ericsson and O2 Telefónica Achieve 5G Cloud RAN Milestone in Europe

(IN BRIEF) Ericsson and O2 Telefónica in Germany have reached a significant milestone in the development of 5G Cloud RAN technology in Europe. Through a joint Proof of Concept (PoC) deployment at O2 Telefónica’s innovation hub, Ericsson showcased its first … Read the full press release

European Investment Bank Provides €50 Million Loan to Brainlab’s R&D Program for Medical Technologies

(IN BRIEF) The European Investment Bank (EIB) has signed a €50 million loan, guaranteed by the European Fund for Strategic Investments (EFSI), to co-finance Brainlab AG’s R&D program in 2023 and 2024. Brainlab, a Munich-based company, develops and distributes hardware … Read the full press release

Michelin’s Road-Approved Car Tire with Sustainable Materials Wins AutomotiveINNOVATIONS Award

(IN BRIEF) Michelin has been honored with the AutomotiveINNOVATIONS Award 2023 in Frankfurt for its road-approved car tires containing 45% sustainable materials. The award recognizes Michelin’s commitment to producing tires made entirely from sustainable materials by 2050, with an interim … Read the full press release

Empa and Eawag Campus: A Model of Innovation and Sustainable Construction

(IN BRIEF) The future campus of Empa and Eawag is being designed as a leading example of environmentally friendly and climate-conscious construction. The campus incorporates various energy-saving and energy-generating ideas, from geothermal probes for seasonal energy storage to the use … Read the full press release

Télécom Paris, Bouygues Telecom, and Thales Collaborate to Advance Responsible Digital Identity Research

(IN BRIEF) Télécom Paris, in collaboration with Bouygues Telecom and Thales, has launched the Research Chair in Responsibility for Digital Identity (RD-ID). Directed by Valérie Fernandez and Laura Draetta, the chair aims to conduct research and innovation projects that align … Read the full press release

Alstom’s Economic Impact in UK and Ireland Exceeds £1 Billion, Spearheading Sustainable Rail Innovation

(IN BRIEF) Alstom, a global leader in smart and sustainable mobility, releases its 2023 Economic Impact Report, revealing its significant contribution to the UK and Ireland. With roots tracing back to the world’s first locomotive works in Newcastle, Alstom has … Read the full press release

European Investment Fund Grants €110 Million Guarantee to BPER Banca Group to Support SMEs and Sustainable Investments

(IN BRIEF) The European Investment Fund (EIF) has provided a guarantee worth €110 million to the BPER Banca Group, comprising BPER Banca and Banco di Sardegna, with the assistance of Banca Finint. This agreement aims to boost investments by small … Read the full press release

Capgemini Wins Six Microsoft Partner of the Year Awards for Innovation and Excellence

(IN BRIEF) Capgemini Group has been honored with six Microsoft Partner of the Year Awards, including two global awards – Microsoft SAP on Azure Partner of the Year and Microsoft GSI Growth Champion of the Year. The awards recognize Capgemini’s … Read the full press release

EIF Provides €50 Million Guarantees to illimity Bank for SME Financing in Italy

(IN BRIEF) The European Investment Fund (EIF) has provided two guarantees totaling €50 million to illimity Bank to improve financing access for small and medium-sized enterprises (SMEs) in Italy. The guarantees, backed by the InvestEU program, focus on supporting SMEs … Read the full press release

HSBC Expands Innovation Reach with HSBC Innovation Banking and SVB UK Integration

(IN BRIEF) HSBC has launched HSBC Innovation Banking, a new initiative that includes Silicon Valley Bank UK (SVB UK) and innovation teams in the US, Israel, and Hong Kong. The launch took place during London Tech Week, where HSBC executives … Read the full press release

InvestEU-backed Partnership to Stimulate SME Growth and Digitalization in Slovenia

(IN BRIEF) The European Investment Fund (EIF) and SID Bank have signed a guarantee agreement worth €42 million to unlock €72 million in new loans for micro, small, and medium-sized enterprises (SMEs) in Slovenia. The agreement, backed by InvestEU, will … Read the full press release

Europe’s Digital Targets at Risk Without Regulatory Action, Warns Vodafone

Vodafone Urges Regulatory Reboot to Safeguard Europe's Digital Future

(IN BRIEF) Vodafone has warned that Europe’s digital future is at risk without a reboot of regulations. The company is calling for decisive action from the European Commission to address challenges in the telecommunications sector and ensure that Europe’s digital … Read the full press release