Local funding

You are one click away from discovering the ideal funding opportunities that cater to your diverse needs. Whether you’re working on cutting-edge technologies, investing towards digitalisation, or seeking a research grant, we can help make your ambition a reality. Bring your aspirations to us, and we’ll find the best way to support you.

Business Finland R&D Funding

Aim of the programme: Funding for research and industrial research of companies with a grant and projects aiming to produce new innovative services and products with a loan.

Project size: > 100 KEUR, no predefined maximum (typically 0,3-2 MEUR)

Funding rate: Grant or Loan that covers 40-60%

Link to the programme: LINK

Business Finland Food Market Explorer

Aim of the programme: The Food Market Explorer programme provides funding for Finnish SMEs and mid-cap companies that manufacture food, beverages, dietary supplements, novel foods, or pet foods. Funding supports market research projects that help companies explore new international markets, improve readiness for exports, or launch new export activities. Projects must be based on a product that exists at least in the development or piloting stage.

Project size: 40 KEUR

Funding rate: 50%

Link to the programme: LINK

Business Finland Energy Aid

Aim of the programme: Energy Aid supports companies and organisations of all sizes in Finland to carry out investment projects that improve energy efficiency, promote renewable energy production, and advance Finland’s carbon
neutrality goals. Funding focuses on projects with new technologies or innovative solutions that reduce technical and financial risks.

Project size: 10 KEUR – 5 KEUR. For renewable nergy projects, the minimum is EUR 30 KEUR

Funding rate: 15-30% depending on project type, applicant, and whether the project uses new technology or ESCO services. SMEs may receive up to 40% aid for new technology projects.

Link to the programme: LINK

ELY Development Grant

Aim of the programme: Funding for SMEs’ development and growth projects, such as internationalization activities, new product or service development, innovation, digitalization, skills improvement, and preparation for investments. Focus is on strategic growth and improving competitiveness.

Project size: 100 KEUR – 200 KEUR (typical range for development projects)

Funding rate: Up to 50% of eligible costs (one-time projects up to 60%)

Link to the programme: LINK

ELY Investment Grant

Aim of the programme: Funding for SMEs’ investments that enhance competitiveness, production capacity, digitalization, energy or material efficiency, and climate adaptation. Focus is on tangible and intangible assets that enable business growth.

Project size: 100 KEUR – 200 KEUR (typical range for investment projects)

Funding rate: 10–40% depending on company size and location

Link to the programme: LINK

Nopef

Aim of the programme: Nopef provides funding for Nordic companies to assess and prepare for international investments outside the EU/Efta area. In addition, Nopef supports projects aiming at commercial-scale demonstration and pilot projects for environmentally friendly technologies and solutions.

Project size: 100 KEUR

Funding rate: 50%. The funding is provided as an interest-free conditional loan, which is converted into a grant upon completion of the project. If the project leads to the establishment of business operations or a similar investment abroad, the entire funding from Nopef will be converted into a grant. However, if the project does not result in business operations abroad, 50 percent of the funding from Nopef will be converted into a grant.

Link to the programme: LINK 

Finnpartnership

Aim of the programme: Finnpartnership promotes business between Finland and developing markets, with a focus on creating positive development impacts in target countries.

Project size: Maximum grant 400 KEUR

Funding rate: 30-85%

Link to the programme: LINK