The granted funding helps EPSE to solve large scale environmental issues and employ dozens of people.
EU has granted EPSE 1,9 million euros H2020 funding. The Executive Agency for Small and Medium-sized Enterprises (EASME) accepted EPSE’s grant proposal on March 2019.
Horizon 2020 is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over 7 years (2014 to 2020) – in addition to the private investment that this money will attract. It promises more breakthroughs, discoveries and world-firsts by taking great ideas from the lab to the market.
In this spring’s call for proposals there were 1950 European companies seeking for funding and 65 companies (3,3%) were granted the funding, EPSE among them with two other Finnish companies. Accepted proposal requires credible growth plan and that the company has positive effect on environment or economy – or like in EPSE’s case, both. EPSE has recently hired new employees and employs currently 12 people full time. EPSE has tested and developed its offering for years and therefore the turnover has been small-scale.
“Our plan is that in couple of years we employ 80 people and our turnover is over 100 million euros”, says CEO Jouni Jääskeläinen.
The goal of the EU funded project is to build at least three portable pilot units within two years and conduct successful customer pilots, build global partner network and hire new employees and operatives. EPSE aims to have at least 60 customer contracts – which means approximately 300 epselizing process implementations by the year 2022.
”The grant agreement is a big booster for our export”.
Profitable and ecological epselizing
Epselizing is something quite unique. The method is simple, cheap and works fast. Epselizing is the world’s first method which creates inert and insoluble precipitate.
When metals don’t dissolve into environment, they don’t contaminate ground or surface waters and cause no harm for animals or other organisms. According to the current legislation waste material containing insoluble metals can be disposed into a regular landfill. This is not the case when the waste contains soluble metals and in this case the waste material has to be disposed into hazardous waste storage, which is expensive.
It is often better to sell the metals as raw material for industry than to ditch them into a landfill. Valuable metals can be separated from the precipitate and reuse them, which requires less energy and causes less CO2 emissions than producing new metals from ore.
EPSE has tested and developed its method with many organizations and parties, for example with energy and environmental companies. Epselizing and applied methods have been used to clean up the soil and the ash from the contaminated soil and water. Customers and partners for pilot projects include e.g. Lassila & Tikanoja and Vantaan Energia.
CEO, Jouni Jääskeläinen, email@example.com / +358 40 752 0530
More information on H2020 program.