Fudan iLab

Fudan iLab program is done in cooperation with Fudan School of Management. The 1905 founded Fudan University in Shanghai is one of the oldest and most prestigious universities in China.

During the intensive four-month work period, a Fudan MBA team can work on the following areas:

• Market analysis and analysis for market entrance
• Feasibility analysis for business operations
• Product analysis and a development strategy
• Business plan (focus points, networking, marketing, distribution and financing plan etc.)

The scope and other details of the project are decided together with your company before starting the project. Fudan iLab Program process is supervised and coordinated by staff from the Fudan School of Management.

Funding for Program

1. Primarily Market Explorer funding for SME companies and midcap-sized companies. Other alternatives: 
2. Tempo funding (SMEs) as de minimis subsidies
3. R&D funding (all companies)
4. Funding for young innovative companies. This financing option is intended for companies that have been granted Tekes' funding for young innovative companies. Expenses related to participation to Market Access Programs will be incorporated into the projects' costs.

Program requirements

• An innovative product or service with an international competitive advantage
• Sufficient funding and/or positive cash flow for the following 1 to 2 years
• Have paying customers
• Independent company or a subsidiary of a corporation
• Website in English

Company commitment

• € 15,000 program fee
• Prepare to spend in average 1-2 hours per week for the project
• Prepare to host project team's visit to your company in Finland
• Prepare to visit China if both sides agree to do so

Submission of applications in fall

• September to October: company sends application form to Business Finland
• Early November: Fudan interviews candidate companies
• End of November: Fudan decides final company participants
• Coming March: official kick-off of the project
• Coming June: project final presentation

Please contact Business Finland advisor before applying to the program.

Finnish companies in Fudan iLab Program

2022
Hetkinen Group Oy, Modulight Oy, Suomen Tekojää Oy, Nordic BioCosmetic Production

2021
WellO2 Oy, Maston Oy

2020
Freeport Cobalt Oy, Berner Oy

2019
Freeport Cobalt Oy, Harvia Oy, Domretor Oy, Kalaneuvos Oy, Parkkisähkö Oy

2018
Yousician Oy, Verman Oy, Freeport Cobalt Oy, Kuudes Oy, Beneq Oy

2017
Yanisan Air Oy, Magisso Oy, Prosys OPC Oy, Vepe Oy

2016
Avaintec Oy, Optofidelity Oy, Ekolet Oy, Virranta-yhtiöt

2015
Valio Oy, M-Brain Oy, Premix Oy, Modern Diagnostics Oy

2014
Lumene, Vallila Interior, BioGTS, Visual Components, Serres

2013
Cesim, Confidex, Sintrol, StereoScape, Planray