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Replace the energy system with a low-carbon one

The aim of energy aid is to promote the development of innovative solutions for replacing the energy system with a low-carbon alternative in the long term. Energy aid can, for example, be used to make investments in energy saving and efficiency or to promote the introduction of new technologies.

Due to the rapidly increased number of applications, the processing time for applications is approximately two months.

Energy aid

Energy aid can be granted for investment and investigation audit projects that promote the production and use of renewable energy, energy saving, more efficient production or utilization of energy, or otherwise contribute to a low-carbon energy system in the long term. The aid must have a significant impact on launching the project.

Energy aid is funding that we pay to your organization based on the reported actual costs. The investment cost of the project must be at least EUR 10,000, and there is no upper limit on the size of the project. The funding is provided as an aid and does not need to be repaid. Aid is not granted for projects launched before the aid decision is made. The aid can be granted to cover costs arising as of the date of the financing decision at the earliest.

What is required of your organization?
  • A renewable energy production, energy saving, or energy audit project that has not yet been launched.
  • The size of your organization does not matter.
  • Your organization is a community or company that is not a farm, is not active within the framework of fisheries or aquaculture products, is not a housing company or residential property, and does not receive funding from the state budget.

See instructions for applying for funding

How does Business Finland funding work?

1
Before you apply

Plan a project and define its goals. Ensure the sufficiency of self-financing.

2
Apply for funding

Submit your application through online services. Submit the additional information requested.

3
Approve the funding decision

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.

4
Use the funding

Arrange project accounting. Notify Business Finland of any changes.

5
Report your project

Report your project's implementation and costs. Attach the additional information requested with your report.