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Business Finland Young Innovative Companies (NIY)

Business Finland Young Innovative Companies (NIY)

Provides repayable innovation loans to Finnish technology companies advancing early-stage products.

OpenBusiness FinlandFinland
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About

Business Finland's Young Innovative Companies (NIY) programme is a loan instrument operated by Business Finland, the Finnish government agency responsible for innovation funding and export promotion. The programme targets Finnish companies at an early and growth-ready stage of technology development, covering TRL 3 through TRL 6, with the goal of bridging the capital gap between early research and…

What this grant funds

Provides repayable innovation loans to young Finnish companies advancing technology-based products or services from early proof-of-concept through commercialisation-ready stages.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Loan
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—
Funding analytics

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Eligibility criteria

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Last verified: 29 Jul 2026Source: www.businessfinland.fi