Finland: Business Finland

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

Satu Penttinen +358505983319
Matti Säynätjoki +358505577899

Funding commitment
1.000.000 € (more Business Finland funding can be considered in case of highly ranked projects)
Type of research eligible for funding: eligible TRL range


Funding rates (approx.)

SMEs max. 65%, large companies max. 50%, universities and research organizations 60-80%

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 2025

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

Reporting according to Business Finland standard reporting practices.