Public business funding

Tips on public funding. Always check up-to-date terms and conditions with the official funding authority.

From idea into a project

Refine your development idea into a project form, making it easier to present it to financiers.

By answering these few questions, you will get enough information for the first financial explorations:

1. CURRENT SITUATION: What is the current situation of your company (industry, market area and market share, competitive situation, customers, products and services, personnel and special skills, ownership base, turnover, profitability, etc.)?
2. FUTURE: What will your company be like in the future (vision)?
3. ACTIONS: What concrete things in the company need to be developed and/or what things need to be invested in right now in order to support the achievement of the future vision (development of expertise, development of products / services / methods, etc.)?
4. RESULTS: What qualitative and quantitative results are the above measures aimed for (improvement of profitability, production efficiency, new customers, new services/products, increase in turnover, increase in exports, etc.)? Use calculations when showing.
5. COSTS: What are the costs and how much are the development measures (salaries, service purchases, investments, foreign trips, material purchases, etc.)?
6. FINANCING: What is the overall financing plan for the measures (income financing, bank loan, public assistance, etc.)?
7. SCHEDULE: At what stages and in what schedule can the measures be realistically implemented?

The national financial advice of ELY centers is available on weekdays from 9 a.m. to 3 p.m. on 0295 024 800.
You can do Business Finland’s financial evaluation online at https://survey.businessfinland.fi/self-evaluation