Mixed Reality

Innovation funding and networks for the development and utilization of virtual reality (VR) and augmented reality (AR) solutions.

A growing market for companies in all sectors

Mixed Reality program offers Finnish companies funding and networks for the development and utilization of virtual reality (VR) and augmented reality (AR) solutions in business operations.

About program


The fast-growing VR/AR markets are worth around 5.5 billion dollars. These technologies will already form a market worth an estimated 150 billion dollars by 2020. Although media attention has focused more on virtual reality for gaming and entertainment, it is thought that the business sector will be the first to benefit from augmented reality.

Program target groups

Mixed Reality program encourages companies to develop solutions and utilize virtual and augmented reality in their business operations, and to build expertise in this area in Finland. In addition to funding, the program provides networking opportunities to companies, research organisations and other public actors.

Program objectives

  • Finland will be home to the world's leading companies producing VR/AR technology and content.
  • Finnish companies will become global forerunners in developing and utilizing AR/VR technology. Health care, for example, and all key industrial sectors will come on board in addition to games and entertainment.
  • The Finnish VR/AR ecosystem will be closely connected to other, major corresponding ecosystems around the world.

A growing market for companies in all sectors

Mixed Reality technology, in other words a combination of VR and AR, can be applied in all sectors; the program is intended for companies in any sector, regardless of their size.

Mixed Reality program is implemented in cooperation with key actors in the sector, FIVR (Finnish Virtual Reality), VR Finland and various companies.

What is Mixed Reality?

'Virtual reality', or VR, is a closed and fully immersive experience, which immerses the user in a separate, virtual world.

'Augmented reality', or AR, is an open and partially immersive experience, which brings virtual features into the real world of the user.

'Mixed reality', MR is a combination of the real and virtual worlds, where physical and digital aspects co-exist and can inter-communicate.

Join the program

Companies and research organisations can apply for funding from Business Finland at any timeRead more about our funding services here.

Please contact our advisers before applying for funding.

Contact
us

Senior Advisor
Jani Jokitalo

+358 (0)50 3544 344
jani.jokitalo (at) businessfinland.fi

Senior Advisor
Kari Korhonen

+358 (0)44 2464 673
kari.korhonen (at) businessfinland.fi