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Boost for international growth

Tempo funding is intended for startups, SMEs and mid cap companies aiming for international growth. The funding enables your company to improve its capabilities for international growth, test the functioning of the business concept, obtain feedback from potential customers, and identify demand in new international markets.

Tempo funding

The maximum amount of Tempo funding is EUR 50,000. Funding from Business Finland covers 75 per cent of project costs that can be at most EUR 66,667. The funding constitutes a grant that does not have to be paid back. We will pay 70 per cent of the funding after the funding decision, and the remainder in conjunction with the project's final report. For mid cap companies, the entire funding will be paid in conjunction with the final report.

Applications compete for funding and every company that meets the minimum criteria will not automatically receive funding. When making a decision, Business Finland always evaluates the company's business as a whole: competitive advantage and growth plan, team and adequacy of financing.

What is required from your company?
  • EUR 30,000 in equity financing and confirmed self-financing during the project
  • At least a committed team of two working in Finland
  • An innovative product, competitive edge and vision for growth

See instructions for applying for Tempo 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.