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VTT Ranked Fourth in World’s Largest Research Funding Program

VTT rose from 21st in the previous comparison.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

VTT was ranked fourth in the latest statistics by European Research Ranking. The assessment examines how well various organizations have succeeded in the world’s largest research funding program, the EU’s Horizon 2020. VTT rose to fourth place, from 21st in the previous comparison.
 
“I am proud of how well we have done in an extremely tough field of competitors. The ranking shows that our expertise and research are having an impact on society and our customers. In line with our strategy, we focus on tackling global challenges and finding solutions to them based on our customers’ needs. When we solve global problems, international markets and networks open up for our customers,” said Antti Vasara, president and CEO of VTT.
 
The parameters used in the European Research Ranking evaluate the organization as a research partner in H2020 joint projects (the share of top-level research partners in the organization’s research projects), the number of EU-funded projects, and the diversity of the organization’s research activities.
 
“VTT has a reputation as a strong innovator in Europe. The survey will help to strengthen our position as the leader in our innovation ecosystem, raising interest among international companies in working alongside Finnish partners and collaborating in VTT’s research networks. This will benefit the whole of Finland,” said Vasara.
 
VTT has won €123 million in research funding from the H2020 program, representing around 17% of all EU Horizon funding brought into Finland. VTT’s EU projects are implemented as joint ventures involving a range of actors from several countries.
 
“Success in the ranking is based on long-term research, advocacy and competence development. VTT’s research strategy plays a key role in the identification of programs, calls for applications, projects and partnerships. We have effective project management capabilities and strong internal support services for EU projects. Networks also play a key role in building common viewpoints with other European research organizations and partners,” said Vasara.
 
 
 

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