Send your application and attachments via our online service. You can also keep track of the processing of your application in the online service. The applicant must appoint a director for its energy investment project from its organization. A contact person, who can be from the applicant's organization or from some other organization of the applicant's choice, must also be appointed for the project.
Go to the online service
Attach to application
APPENDIX 1: Appendix to an investment project application
APPENDIX 2: Appendix to an investigation project (used for energy audits)
APPENDIX 3: Energy aid assessment form
APPENDIX 4: Project plan
APPENDIX 5: Application appendix to the In-depth investigations project
APPENDIX 6: Application appendix to the large demonstration project
Submit a project plan as part of the application. Attach the plan as a separate file to the application. We cannot grant your company funding, if the project plan does not exist or is vague.
Please detail at least the following items in your project plan:
- A brief description of your organization's activities, ownership, key performance indicators, and description of the property or production process being invested in
- Description, technical specification, and cost specification of the investment
- Objectives of the investment with numerical values and profitability calculation (repayment period)
- Information on the governmental permits related to the investment (e.g., building permit, environmental permit, etc.)
Eligible costs
Business Finland accepts the costs at the earliest from the date of the financing decision. Aid is not granted for projects launched before the aid decision is made.
Eligible project costs are:
- the salaries allocated to the project in accordance with the working time monitoring
- indirect personnel costs
- travel costs (for investigation projects only)
- costs of materials and supplies
- equipment purchases
- purchased services
- possible costs of an auditor's report
There is nothing to prevent energy aid being granted for costs arising as of the date of the financing decision if the customer has a pending broader investment project that will be implemented outside of the energy aid project and has already been launched, the application for energy aid concerns a limited new technology or energy efficiency measure included in the investment project, and this part of the project has not yet been launched. There is nothing to prevent energy aid being granted to cover costs arising as of the date of the financing decision if clearance and earthwork connected with the investment project have already started before the decision to grant the aid was made. Costs based on an order placed before the financing decision are not considered eligible except in cases where the order includes the opportunity for written cancellation connected with the launching of the project.
The following costs cannot be accepted as project costs
- overheads
- entertainment costs
- banking and financial costs
- voluntary personal insurance
- costs subject to public support, the terms of which prohibit other public support (including the wage costs of a person who has received a start-up grant for the same period)
- wage costs for which pay subsidies have been received
- services involving other public support
- financial, administrative, insurance, repair, maintenance or similar expenditure in respect of purchases made under an installment purchase transaction
- the cost of purchasing office equipment, cars and other similar durable goods
- costs not related to the implementation of the project
In addition, the eligible costs for investment projects do not include a beneficiary's travel costs, interest during construction, cost reserves, connection fees other than those referred to in the funding terms and conditions in section "Equipment purchases", and payments based on Act on Criteria for Charges Payable to the State (150/1992).
Project's schedule
The schedule mentioned in the grant decision must be respected. If the schedule needs to be changed, submit an application to make changes in the project.
See also Ministry of Economic Affairs and Employment and the Economy's Application for investment aid for new energy technology and large demonstration projects and its separate instructions.