Finland: Business Finland

Name of Funding agency
Business Finland
Geographical coverage (national/regional)
Finland
Name of the programme/initiative
Hydrogen & Batteries, Decarbonized Cities
Programme owner
Business Finland
Program manager (executing funding organisation)
Business Finland
Contact person(s) (e-mail, tel.)

Matti Säynätjoki +358505577899

Satu Penttinen +358505983319

Funding commitment
1000000 EUR, (more funding can be considered in case of highly ranked projects)
Anticipated number of fundable research partners

n/a

Maximum funding per grant awarded to a partner

n/a

Type of research eligible for funding: eligible TRL range

2-7

Funding rates (approx.)

SMEs max. 65%, large companies max. 50%, universities and research organizations 80%

Major eligibility criteria (e.g. types of organisations, thematic restriction, cost types and caps)

Applicant organisations must be legal entities registered in Finland. Business Finland’s normal funding terms and conditions apply.

SMEs and large companies can participate in consortia either independently or together with other Finnish partners. Finnish companies can either apply for Business Finland funding or act as an in-kind partner in the consortium.

Research organisations must work in parallel with companies. Consortia must include at least three companies of which at least two are Finnish companies (SMEs or large companies) to be eligible for funding.

All applicants are required to contact Business Finland in advance before submitting of applications.

Submission of the proposal at national/regional level (schedule, cut-off dates, deadlines, etc.)

End of February 2026.

Submission of financial and scientific reports at the national/regional level

Reporting according to Business Finland standard reporting practices.