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EUREKA MEMBER > FinlandFUNDING SCHEME
Funding in Finland
Tekes is the main public funding body for Finnish EUREKA participants. In Finland, there is no ear-marked EUREKA budget or national EUREKA programme. The national funding applications of EUREKA projects are evaluated by Tekes' experts according to technology, market potential, management and financing.
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Funding contactTekes, Finnish Funding Agency for Technology and Innovation Ms. Kirsi Vaehae-Pietilae |
Type of funding
grantFunding by type of organisation
| Type of organisation | Funding % of elligible costs |
Maximum costs (in EUR) |
Additional information |
|---|---|---|---|
| SME | Up to 65% | Tekes is committed to 4,5 million annual funding to SMEs and large companies. | |
| Large Company | Up to 50% | ||
| University | Up to 70% | The maximum funding per projects for universities and research organizations is €100.000, when a Finnish company (personnel < 500) is also participating. If no Finnish companies are involved, the max. funding is €50.000 and the max. funding rate 60%. | |
| Research Organisation | Up to 70% | The maximum funding per projects for universities and research organizations is €100.000, when a Finnish company (personnel < 500) is also participating. If no Finnish companies are involved, the max. funding is €50.000 and the max. funding rate 60%. | |
| Other |
> Funding for EUREKA projects
Funding contactTekes - Finnish Funding Agency for Technology and Innovation Ms Kirsi Vähä-Pietilä | General procedureTekes funding is intended for challenging and innovative research and development projects in companies, universities and research institutes. Funding may be granted to all areas of technology and there are ongoing open calls. Funding may be a low-interest loan or a grant, depending on the stage of the innovation and the nature of the proposed project. A project may also involve international cooperation and researcher mobility. Tekes selects the projects according to uniform criteria throughout Finland. Tekes' experts evaluate the project, the technology, the business to be generated, other benefits and the project owner as a whole. The funding decision procedure takes minimum 2 months. |
Type of funding
otherFunding by type of organisation
| Type of organisation | Funding % of elligible costs |
Maximum costs (in EUR) |
Additional information |
|---|---|---|---|
| SME | up to 65 | no limit | |
| Large Company | up to 50 | no limit | |
| University | up to 100 | no limit | |
| Research Organisation | up to 100 | no limit | |
| Other |