In a Co-Creation project, research organizations and companies work on a new research idea together, which may proceed to a joint Co-Innovation project, providing companies with significant international business opportunities and research organizations with the opportunity to conduct high-quality scientific research.
We can provide your research organization with funding, covering 60% of accepted total project costs. The project's size can be up to EUR 100,000 per idea. While the project may also be shared by several different research organization, its total size can still be at most EUR 100,000.
Funding is based on an overhead cost multiplier of 20% and an indirect personnel cost multiplier of 50%. The typical duration of a Co-Creation project is 4–6 months.
Co-Creation funding can be applied for when:
Only the project's final report needs to be submitted to Business Finland. We do not require an auditor's report. Business Finland's general terms and conditions of funding for public research apply to the projects.
Discuss your idea with your organization's research support services before submitting a funding application and with Business Finland's specialists afterwards. If your research organization has a contact person at Business Finland, please get in touch with them.
Co-Creation funding can be applied for at all times. Send your application and attachments via our online service. You can also keep track of the processing of your application in the online service.
In your application, define the preliminary problem and how it can be solved. The research idea must be new and broadly usable. When you apply for funding for a Co-Creation project, Business Finland's specialists will evaluate your application. During the evaluation, we will focus specifically on the following:
Impact of the project
Quality of the plan
Promoting the goals of Business Finland's programs
Attach a brief project plan of at most three pages with your application, including the following:
We only accept costs that are associated with the implementation of the project. These costs include:
The following costs cannot be accepted as project costs
Plan a project and define its goals. Ensure the sufficiency of self-financing.
Submit your application through online services. Submit the additional information requested.
Business Finland will assess your application and notify you of its decision. Read the decision and its terms and conditions, and approve the decision in online services.
Arrange project accounting. Notify Business Finland of any changes.
Report your project's implementation and costs. Attach the additional information requested with your report.