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Program

Business Finland Co-Innovation

Funds Business Finland Co-Innovation by supporting Finnish consortia of companies and researchers pursuing market-ready joint development.

Business FinlandFinlandGrant

Business Finland Co-Innovation is a Finnish joint-R&D grant for consortia with at least three Finnish companies and at least one research organisation. It sits under Business Finland and is built for collaborative projects that can move research toward commercial use. The programme offers grants from EUR 535,000 to EUR 3.21 million and runs on an annual call cycle. Applicants must be registered and operating in Finland, the call requires a consortium, and individuals are not eligible. The funding model is geared to multi-partner projects rather than single-firm experiments. The best-fit applicants are groups that can connect research depth with a route to market. Strong proposals usually have a clear division of roles across companies and researchers, a technical agenda that is more than incremental, and a commercial use case that justifies the consortium. In practice, this is one of the more structured collaboration routes in the Finnish innovation system. The annual structure also suits teams planning a multiyear work package with defined milestones.

Max award€3.2M
Realistic median—
Success rate—
Decision time—

No upcoming rounds verified. Cadence: Annual.

Last verified: 15 May 2026Source: www.businessfinland.fi