REPowerEU grant application round for energy investments opened. The grant is aimed for the introduction of new clean technologies for energy production and use, and/or by promoting the development of the production and storage of renewable hydrogen on a commercial scale.

Business Finland is renewing its funding services to better support long-term research and development activities.

Third application round for energy investment aid under Finland’s RRF plan is open. Applications will be accepted for direct electrification and decarbonisation of industrial processes investments until the 13th of November 2023.

Finnvera has introduced new loan products, the Climate and Environmental Loan and the Digitalisation and Innovation Loan, which have been implemented in cooperation with the European Investment Fund with the support of the InvestEU Guarantee Programme.

Large demonstration projects for new energy technologies have received significant support from the Ministry of Economic Affairs and Employment (TEM). The investment grant is targeted towards new energy solutions that can help Finland achieve its EU 2030 targets and national targets by 2035.

The aim is to increase the RDI intensity of the creative economy in the long term and to strengthen cooperation between companies and research organizations in the creative economy, thus promoting the renewal of the creative economy.

Business Finland and the Ministry on Economic Affairs and Employment (TEM) have published the energy grant calls for projects.

By utilising export credit, Finnish exporter can offer long-term financing to foreign buyers on OECD-terms.

Business Finland has launched a new funding call for deep tech startups, with a deadline for applications of 31 March 2023.

In January 2023, Business Finland has announced new funding programmes for sustainable development that will enable innovation projects by SMEs.

Loss-making growth has been financed and valuations of growth companies have been high. Now the world has changed; loss-making growth companies are no longer willing to be financed to the same extent as before, as in a world of rising interest rates it is profitable growth that is most valued.

The European Commission has just decided to extend the temporary EGF guarantee scheme until 31 December 2022.

Time and again commercial banks aren’t funding companies or projects aiming to build demonstration facilities. Demonstration facilities typically require large investments, and it is troublesome to finance them only with equity for multiple reasons.