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Innovation Aid for Shipbuilding

Innovation Aid for Shipbuilding

Funds Finnish shipbuilding companies developing and marketing advanced ship or offshore technology through a non-repayable government grant.

OpenBusiness FinlandFinlandDeep-tech · adjacent

Business Finland administers Innovation aid for shipbuilding, a government subsidy that supports innovation in Finland's shipbuilding industry. It is a grant — a payment your company does not have to repay — issued under a Finnish Government Decree that sets the funding rules for shipbuilding state aid.

Business Finland grants up to EUR 25 million for a single project, paid in installments that f…

Shipbuilding, ship repair, ship modification, and building floating or moving offshore structures. Funding must go toward developing and marketing advanced ship or offshore solutions.

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.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.75%
Funding pooliThe total budget available across all awards in this round.—

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Last verified: 30 Jul 2026Source: www.businessfinland.fi