PaperShell secures €40.3M EU grant to build its first full-scale factory

📰 The Next Web AI

PaperShell secures €40.3M EU grant to expand its factory and increase production capacity to 23,000 tonnes per year by 2030

intermediate Published 27 Mar 2026
Action Steps
  1. Research EU funding opportunities for innovative projects
  2. Develop a strong grant proposal highlighting the project's potential impact and scalability
  3. Build relationships with key stakeholders, such as the European Commission, to secure funding
  4. Plan for expansion and scaling up production to meet growing demand
Who Needs to Know This

This news is relevant to entrepreneurs, product managers, and business strategists who are interested in deeptech and innovative materials, as it showcases a successful example of securing funding for scaling up production

Key Insight

💡 Securing funding from government institutions can be a crucial step in scaling up production and expanding a business

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💡 PaperShell secures €40.3M EU grant to expand its factory!
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