Skip to content

5/9

Call 1.4.2025-5.9.2025

Challenge competition 2025 for leading companies

The competition is two-phased. Deadline of the first phase is Friday September 5th 2025 at 23.59 pm.

A webinar on the competition will be held on 23.4.2025 at 9 a.m.

Further information

 

Kimmo Kanto (ICT and digitalisation)

kimmo.kanto (at) businessfinland.fi

 

Ella Kylmäaho (health and consumer business)

ella.kylmaaho (at) businessfinland.fi

 

Jarkko Piirto (energy and built environment, process industry)

jarkko.piirto (at) businessfinland.fi

 

Juha Suuronen (electronics manufacturing, manufacturing industry, shipbuilding)

juha.suuronen (at) businessfinland.fi

Objectives of the call

The goals of the competition are considerable increases in research, development and innovation investments by the companies in Finland, as well as the creation of new jobs and ecosystems for new business operations worth billions of euros.

The projects suggested by the companies participating in the competition must provide solutions to major future challenges, either to missions or significant technological challenges. They must have a significant impact on Finland’s competence, competitiveness and investment in RDI.

Competition categories

  1. Companies that operate globally and have the capacity to make major additional investments in R&D in Finland. The maximum amount of Business Finland’s funding is EUR 20 million for a leading company and EUR 50 million for ecosystem partners.
  2. Companies that strive to grow into a global player, solve a more focused challenge, develop completely new business openings or strengthen their role in a internationally operating group. The additional R&D investment promises are slightly smaller than in the 1st competition category. Funding for the leading company up to 10 M€ and for its ecosystem 20 M€.

The competition is not limited to any specific theme or technology topic. The plan is to use a total of EUR 80 million for this challenge competition. The duration of the projects is 3-5 years. Joint projects between two companies are possible in both competition categories.

Call instructions (pdf)

More information about the funding for leading companies

If you need a version of the material based on the Accessible Directive, please contact us.