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Acquire information about a new Export Market

Market Explorer funding is intended for over 5 years old SMEs and midcap companies that  have their own product, service or business model that is at least in the idea or pilot stage. The solution must have a credible competitive advantage in the international market. With Market Explorer funding, you get information about a new international market for your company.

After the Market Explorer project, you will know the market situation and can initiate operational measures to take your solution to the international market.

Market Explorer

The Market Explorer funding is provided as aid which your company does not need to return at a later time. The funding is designed for covering expenses incurred in purchasing expert services, and for salaries of the company’s own international business experts. The people working for the project can be old employees of the company or people hired for the project. In addition, other costs will be accepted up to the amount of 20 percent of the sum of the purchased services and salaries.

The amount of Market Explorer funding is EUR 5,000–40,000, covering 50% of the total expenses of your project. Therefore, the total budget of your Market Explorer project may range from EUR 10,000 to EUR 80,000.

No Market Explorer funding is paid in advance, so the company must have sufficient financing to cover the costs of the project and other business costs. The maximum duration of a Market Explorer project is one year. A company or a group of companies may receive Market Explorer funding several times. When granting funding, it is taken into account whether previous Market Explorer projects have led to international business.

What is required of your company?
  • At least a committed team of two working in Finland.
  • Your company has its own product, service or business model that is at least in the idea or pilot stage.
  • The market area or customer segment to be investigated in the project is new to your company and has not been studied in previous projects.

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.