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New operating models to accelerate international growth

Talent financing is intended for SMEs and midcap companies that significantly reform their current operating practices and management in order to improve their readiness for international growth. The company has a clear understanding of its development needs, and typically has more than 10 employees.

In addition to international growth, Business Finland’s impact goal is to increase the number of international experts working in Finland as a result of development projects.

Talent financing is granted to a company only once.

Talent funding

The funding is available to SMEs and midcaps seeking international growth with an own product, service, or business model that stands out from the competition. The goal of the funded measures should be to increase the internationalization skills of the company’s own personnel.

The amount of Talent funding is EUR 20,000-50,000. Funding from Business Finland will cover 50% of the project costs, which can be between EUR 40,000 and 100,000. The funding is a non-repayable grant. No advance is paid – the full amount of the funding will be paid on completion of the final report.

When making the decisions, Business Finland always assesses the company’s business as a whole in addition to the content of its application: its competitive advantage and growth plan, team, and adequacy of financing. The company must distinguish itself from its competitors in the international markets and achieve export growth as a result of this.

Funding may be provided for companies at different stages of their internationalization.

For companies that have already established their operations, but are in the early stages of internationalization, the development and piloting of new operating practices and recruitment processes may be the subject of development.

Companies undergoing a strong phase of international growth may focus personnel development on, for example, building an international culture, developing their supervisory work, or piloting/experimenting with new operating practices.

Pioneering companies operating in global international markets may focus personnel development on planning and piloting a new global operating practice or turning their own operating practice into a commercial service product, for example.

What is required of your company?
  • The concrete development needs of operating practices and management required by the company's internationalization have been identified before applying for funding
  • The main content of the project is development and piloting, not surveys
  • Secured total project funding
  • A typical recipient of funding is a company employing more than 10 people, which renews its work, organizational and management practices to accelerate international growth
  • A product that stands out from competitors on the international market, competitive advantage and growth vision

See the instructions on how to apply for Talent funding

How does Business Finland funding work?

Before you apply

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

Apply for funding

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

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.

Use the funding

Arrange project accounting. Notify Business Finland of any changes.

Report your project

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